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Movie Gallery, Inc. (former NASDAQ ticker symbol MOVI [1]) was the second largest movie and game rental company in the United States and Canada, behind Blockbuster Video. The company rented and sold Blu-ray Discs , DVDs , VHS tapes , and video games .
Movie Gallery also sells merchandise such as new and used video films, video games, and gift items via its web site, www.moviegallery.com. Cofounder, Chairman, and CEO Joseph T. Malugan owns 20 percent of the company; cofounder and President H. Harrison Parrish also owns 20 percent.
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]
May 3, 2010 · Movie Gallery owns the Game Crazy and Hollywood Video brands. It was not immediately apparent if the company would also close the over 180 stores it operates in Canada.
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Jun 11, 2010 · Movie Gallery Canada will close most of its small town video stores across Canada. It blames competition from Internet, cable TV, kiosks. Movie Gallery closes 131 video rental stores in Canada
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Jun 12, 2010 · The Movie Gallery chain has closed its U.S. stores and is shuttering the majority of its Canadian locations. A Canadian store-closing liquidation sale is being handled by a joint-venture group ...
