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      "text": "Consistent with developing presence in retail, Blockbuster added retail inventory in 2008; The company has budgeted less working capital investments in 2009, with the exception of normal seasonal holiday builds; Reduction in merchandise inventory and more efficient allocation will drive the improvement in net working capital; 2009 roll-out of new pricing structure, “Choose Your Terms”, will lead to an inventory reduction in rental product",
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      "text": "Cap Ex will be maintenance level of $30Mn in 2009, representing a reduction of over $80Mn compared to fiscal 2008; Preserves investment in POS servers, event ticketing, kiosks and nominal store maintenance; Defers major store remodels (e.g. “Rock the Block”)",
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      "text": "Continued SG&A reductions in 2009; over $200Mn for the full year, excluding impacts of foreign currency exchange and inflation; Selective store closures; Aggressive lease cost savings; Outsourcing initiatives",
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      "text": "Maximize Cash Flow and Liquidity",
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