A Lesson in Innovation: What We Can Learn from Blockbuster
Blockbuster video stores are closing. It was recently announced that the remaining 300 US stores will close by January. For those of us who can’t remember the last time we’ve walked into a Blockbuster, this is no surprise. But you wonder. How can a company that once dominated the movie rental market, employed 60,000 people, and had 9,000 retail locations at its peak in 2004 be down…