The remaining Blockbuster stores in the St. Louis area were scheduled to close for good on Sunday. The Dallas-based movie rental chain stopped renting movies a few months ago and started selling off its inventory.
But as Blockbuster has shuttered stores, Illinois-based Family Video has grown. It is the largest movie rental chain in the U.S. with 770 stores. It added 18 stores last year, including one in St. Louis.
Blockbuster’s closure has also helped Vintage Stock. The Joplin-based entertainment retailer has multiple revenue streams, with much of it coming from buying, selling and trading movies and video games. The company also sells books and music and rents movies.
Movie rentals accounts for about 1 percent of Vintage Stock’s $60 million per year in sales, and the company has seen an uptick when Blockbusters nearby have closed. Vintage Stock CEO Rodney Spriggs said he thinks the biggest demand for movie rentals are those that are recently released, many of which are embargoed from Redbox for 28 days.