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The company moved forward with its largest single-chain acquisition to date, expanding its base of stores by 30%, in late December 2001. The addition of Video Update stores to the Movie Gallery family launched the company's international presence with 100 retail locations in Canada. Movie Gallery achieved the 1,678 store mark in 2002. [6]
Jul 13, 2015 · Before the local Movie Gallery near my house closed down, I went there one more time to rent a movie, knowing it would be the last time I would ever step foot in that place. On February 3, 2010, Movie Gallery again filed for Chapter 11 bankruptcy protection, and on April 30, 2010, it was announced that all the existing stores left would all close down and Movie Gallery would officially go out ...
The company moved forward with its largest single-chain acquisition to date, expanding its base of stores by 30%, in late December 2001. The addition of Video Update stores to the Movie Gallery family launched the company's international presence with 100 retail locations in Canada. Movie Gallery achieved the 1,678 store mark in 2002. [6]
Oct 30, 2023 · Fun Movie Gallery facts: Had 64 stores by the end of its first year in business. Unique rental options included video games and adult films. Acquired Hollywood Video in 2005 but went bankrupt in 2010. Fierce competition from Netflix and Redbox doomed Movie Gallery, forcing them to close the remaining stores in 2010. Family Video
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Feb 3, 2010 · Movie Gallery Inc, operator of the Hollywood Video rental chain, filed for bankruptcy for the second time in three years after sales fell and losses mounted, and said it would close 805 U.S. stores.
May 10, 2010 · May 10, 2010, 12:34 PM PDT / Source: The Associated Press. By Michael Felberbaum. Movie Gallery Inc., the owner of struggling movie rental chain Hollywood Video, is planning to close its remaining ...
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Follow Company. Movie Gallery company history timeline. 1985. Movie Gallery was founded in the year 1985. Movie Gallery was formed in 1985 by Joe Malugen and Harrison Parrish in Dothan, Alabama. 1988. 1988: Movie Gallery begins to consolidate its franchises into company-owned stores.