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Movie Gallery to shut more stores

news article released on: 2 November, 2009

Following reports that the large chain cannot pay its rent, Movie Gallery is set to close up to 200 more Hollywood Video stores, about 7 percent of all the company's locations. The chain is the #2 US movie-rental chain behind Blockbuster but both companies continue to lose users and revenue to Netflix and Redbox and Movie Gallery has been hit very hard in recent years, even filing for ...

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#1 03 Nov 2009 @ 10:00
It's been said before. Time for them to rethink their business model and adapt or die.
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#2 03 Nov 2009 @ 12:04
They are all we have within 20 miles.
#3 03 Nov 2009 @ 14:42
jony218 Suspended due non-functional email address
RIP Hollywood Video, you outlived your usefulness to "the man". Now you will be relegated to the dustbin of history. In the end there can only be one. Blockbuster took many tremendous blows but it survived where others have failed.
Hollywood Video you will be missed, but we will be strong and we will move on.
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