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This article should be required reading for any Pain Fellow or recent grad...
"But plenty of observers think that Blockbuster’s fate was unavoidable. It built a high-cost physical retail business during a time when that was the most efficient way to deliver content. When that set of circumstances changed, when content was more efficiently delivered digitally, Blockbuster’s model became obsolete."
Who really killed Blockbuster?
With one store left in the world, the video rental chain's approaching extinction is a reminder of all the things that can go wrong in retail.
www.retaildive.com
"But plenty of observers think that Blockbuster’s fate was unavoidable. It built a high-cost physical retail business during a time when that was the most efficient way to deliver content. When that set of circumstances changed, when content was more efficiently delivered digitally, Blockbuster’s model became obsolete."