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Randy Hargrove said all of the inventory in the stores -- including the first-run DVDs in their stock -- is being sold. Members at the four stores will be directed to nearby Blockbuster locations, where they will be offered discounted rentals, Hargrove said.
Each store has two other Blockbuster stores within a 10-minute drive, he said. The stores are at 5115 Normandy Blvd., 5501 Roosevelt Blvd., 14444 Beach Blvd. and 10063 San Jose Blvd.
The Associated Press reported in September that the company had reported to the Security Exchange Commission that it may close about 20 percent of its 4,356 stores in the United States, opting to instead set up 10,000 DVD rental kiosks in other stores. The company is trying to reverse financial losses and get ahead of rivals Netflix Inc. and Redbox, which rent videos via the Internet, mail and vending machines.
The company is reviewing 810 to 960 stores and may close them, the filing noted. There has been no formal list of closures, but about 200 already have been closed this year, Hargrove said.
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