FINANCE

Blockbuster Gives Free Rentals to Netflix Clients

BY CSA STAFF

Los Angeles, Blockbuster began offering free in-store rentals to subscribers of on-line rival Netflix on Tuesday as it tries to take market share from Netflix and reach its year-end subscriber goal, according to a report by Reuters. Netflix subscribers can get one free rental at Blockbuster stores for each address label they bring in from their Netflix mailing envelopes.

The offer to Netflix subscribers, which runs until Dec. 21, comes after Blockbuster began allowing subscribers to its own on-line rental service to swap DVDs they received in the mail at Blockbuster stores.

The program, called Total Access, highlights the main difference between the two competitive services: Blockbuster has stores where consumers can immediately satisfy a desire for a particular movie.

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REAL ESTATE

Report: Walgreens to Enter Hawaii

BY CSA STAFF

New York City, Walgreens is rumored to be set to enter Hawaii, according to local reports. The chain is the winning bidder to fill a soon-to-be-vacant location of bankrupt music retailer Tower Records in Hawaii, according to The Honolulu Star-Bulletin. Tower Records said its last day would be in mid-December.

MTS, the former parent company of Tower Records, filed for bankruptcy on Aug. 20 and in October sold the struggling chain to Great American Group, which is now liquidating the chain and plans to shutter all its stores this month.

Walgreens’ bid for the Tower store is still pending approval in bankruptcy court, according to the newspaper. A spokeswoman also said the company was looking at additional sites in Hawaii.

Walgreens’ entry into the market could challenge Longs Drugs’ long-time dominance of the islands. The pharmacy chain has been in the market

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News

New Blog Entry: Merry Customer Service

BY CSA STAFF

Check out the latest blog entry “Merry Customer Service” by clicking on the RetailView banner on the homepage.

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