Blockbuster Video rental store goes into administration

The video discusses the challenges faced by Blockbuster as it enters administration, highlighting the impact of online retail and technological changes on traditional high street shops. It mentions recent retail bankruptcies like Jessops and HMV, attributing them to evolving customer habits and the financial crisis. The video concludes with the need for Blockbuster to adapt to these changes.

What are the implications of Blockbuster being in the hands of administrators?

How has online retailing affected traditional shops on the High Street?

What factors contributed to the decline of companies like Woolworths and HMV?

What challenges do traditional retailers face in adapting to technological changes?

In what ways have customer habits evolved in relation to movie consumption?