Blockbuster to close its remaining 300 stores

Blockbuster Closes

Time and time again, the same scenario repeats.  A business optimizes itself for the current market and wins the battle against its competitors… only to one day wake up and the battle it’s fighting is no longer relevant and it has lost the war.  I think in publicly held companies this is due in part to the focus on the short term numbers rather than developing the business long term.  The mantra of the market: innovate or die.