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- 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 mail, vending machines and high-speed Internet connections.
www.today.com/popculture/movie-gallery-plans-close-all-stores-liquidate-1C9401674
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 .
May 10, 2010 · The acquisition made Movie Gallery the second-largest rental chain in the country but it has been forced to close more than 2,400 of its stores in the past three years, according to court...
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....
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...
May 2, 2010 · NEW YORK (Reuters) - Movie Gallery Inc., which filed for bankruptcy in February with plans to close hundreds of stores, will now shut down the balance of its 2,415 stores, according to the Wall...
May 11, 2010 · Movie Gallery, the second-largest North American video-rental chain behind Blockbuster, plans to shutter operations and liquidate assets in the coming weeks.
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Apr 16, 2010 · In the only visible sign of a survival strategy, Movie Gallery recently closed 760 stores, including eight Hollywood Videos in Oregon. “I’ve heard nothing else about strategy,” says industry watcher Thomas Arnold.