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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]
Movie Gallery was a American and Canadian chain of video and video game rental stores. At its peak, it was the second-largest video rental store in the United States. However, after the decline of video rental stores in the 2000s, Movie Gallery filed for bankruptcy and closed all locations throughout 2010. In 1985 Joe Malugen and Harrison Parrish founded Movie Gallery. The first location ...
May 5, 2010 · Movie Gallery Incorporated, the parent company of Movie Gallery, Hollywood Video and Game Crazy stores, will close all its U.S.-based locations, according to a report by the Wall Street Journal.
May 10, 2010 · Movie Gallery Inc., the owner of struggling movie rental chain Hollywood Video, is planning to close its remaining stores and liquidate as consumers are increasingly getting movies through the ...
May 4, 2010 · Movie Gallery Inc. (Dothan, Ala.), which also operates the Movie Gallery and Hollywood Video chains and game-division Crazy Game, announced it will close all its U.S. stores. In February, the 25-year-old company filed for bankruptcy for the second time in three years as sales continued to drop amid mounting losses.
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.
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In early 2009, Movie Gallery operated about 2,700 locations and 1,300 Hollywood Video locations in the United States. 2011 In the year 2011, three Movie Gallery locations in Northwest Arkansas were again reopened by an independent business owner, who had acquired the trademark rights in Arkansas.