The economy hasn’t been tough only on homeowners in San Carlos. Local businesses are also feeling the pain — so much so that two local and very visible merchants in San Carlos have decided to pull up stake and close their doors. The first of these is Blockbuster Video on Laurel Street. Citing an “ailing economy” as the cause, Blockbuster is closing a significant number of their stores, including the San Carlos location. One could argue that their business model is as much to blame for their downfall, as they compete in the rental market against the 800-pound gorilla Netflix. The internet must be taking a huge bite out of their business, too – virtually every television show and most movies can be streamed on the internet. Driving to a store to pick up a DVD just isn’t happening anymore.
Blockbuster hasn’t given a specific date when they will officially close their doors, but they are no longer renting videos from this location and they’re aggressively trying to liquidate their remaining inventory.
Another local business will soon be history is the Game Crazy outlet that shares space with Hollywood Video in the Home Depot parking lot. They announced their intent to shut this location down a few months back, and they are within days of closing their doors for good in San Carlos. I figured my kids spent enough money there to keep that place afloat, but I was wrong. 😉
It will be interesting to see how this prolonged recession will change the face of San Carlos business. The unique collection of family-owned businesses is one of the key things that gives downtown San Carlos its charm. I hope they’re hanging in there.
(Special thanks to blog reader Cisco Villalta for the tip on this article…)
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