May 16, 2008, 8:49 pm
Filed under: MISC | Tags: Blockbuster Inc, Business, Jim Keyes, MarketWatch, The New York Times, Total Access, United States, us
Filed under: MISC | Tags: Blockbuster Inc, Business, Jim Keyes, MarketWatch, The New York Times, Total Access, United States, us
Blockbuster Chairman and CEO Jim Keyes said the company’s first-quarter $42.6 million profit — after a $51.8 million loss a year earlier — was a sign that a turnaround plan was succeeding. Blockbuster reported a 2.9% rise in same-store sales in the U.S., which included 20% growth in merchandise sales and the profitability of its subscription-based Total Access program. (
ClipSyndicate/Associated Press 5/15, The New York Times/Associated Press 5/15, MarketWatch 5/15)
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