East Pointe Blockbuster to close April 10
The Blockbuster location at 544 E. Ogden Ave., inside the East Pointe Marketplace strip mall, will close its doors April 10.
The location has stopped renting DVDs and games, and has slashed prices on all inventory.
The store closing and several others are a part of Blockbuster's restructuring.
Blockbuster and its domestic subsidiaries filed voluntary Chapter 11 petitions on Sept. 23, 2010 and last week announced that a group of debt-holders had agreed to purchase substantially all of its assets for $290 million.
This transaction is subject to the approval of the bankruptcy court and the satisfaction of customary closing conditions.
It will be interesting to see what becomes of this space. Wonder if it can be reconfigured to move Starbucks into it and add a drive thru. Bet a Five Guys goes in there instead.
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