Fairbanks Blockbuster closing as last two Alaska stores come to an end

Andrew H. Walker  Getty Images

Andrew H. Walker Getty Images

Alaska's final two Blockbuster video stores will rent out their last movies and close up shop at the end of the week, management announced Thursday - leaving the USA with a single remaining location.

Kevin Daymude, general manager of the Anchorage store, said the closing of both stores has not only to do with the ending of both leases but also the economy.

General manager Kevin Daymude is setting up a display of Russell Crowe movie memorabilia at the Blockbuster store on DeBarr Road in Anchorage on Wednesday, May 2, 2018, which includes the leather jockstrap Crowe wore in the movie "Cinderella Man". The stunt brought plenty of attention to the location, but the video store just didn't get the influx of business it was expecting.

Alan Payne, owner of the Alaska stores through licensee Border Entertainment, explained that he and his team had determined sometime past year that renewing the remaining stores' leases did not make financial sense.

But come this Monday, July 16, the store in Bend, Oregon, will be the only one left.

Some have credited expensive internet as a factor in keeping the Alaska locations open longer than most stores.

"Thank you for sticking by us throughout all these years". "We have thought of you as family for the past 28 years". "Last two Blockbusters in Alaska are closing".

Blockbuster went bankrupt in 2010 and closed its last 300 stores in 2013.

At the peak of its success, the once-iconic video rental chain had more than 9,000 stores and employed more than 84,000 people worldwide, Deadline reported.

Daymude said the items will be returned to the owner of the stores. "I can't tell you how much it means to us".

After Blockbuster declared bankruptcy in 2011 and closed most of its corporate stores, Alaska had seemed to be the final frontier for the one-time video-rental giant. And while a handful of Blockbuster franchises remained open in recent years, there's now only one left.

However, the unexpected boom of streaming services like Netflix dealt a blow to video stores that they could not recover from.

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