movie gallery went out of business in 2005.
movie gallery went out of business in 2005.
when did movie gallery go out of business?
2005
on april 30, 2010, movie gallery announced it was closing and liquidating all of its stores per a filing of chapter 7 bankruptcy. at its peak the firm had about 4,700 stores in north america, operating mainly under the movie gallery, hollywood video, and gamecrazy brands. the last of the company's stores were closed in august 2010.
movie gallery
in 2005 movie gallery bought hollywood video, gaining hollywood's office space in oregon. movie gallery operated its oregon office out of the space, and hollywood video, now a subsidiary of movie gallery, maintained its headquarters in wilsonville. in 2007 movie gallery filed for chapter 11 bankruptcy protection. in 2008 when the company emerged from chapter 11, its new upper management had no ties whatsoever to dothan, alabama. joe malugen, the founder of movie gallery, was no longer the ceo; instead, c. j. gabriel, an idaho resident, was named the ceo. because of this, jim cook of "the enterprise ledger" said "there may be little motivation for keeping the home office" in dothan. in 2008 the headquarters moved to wilsonville. the former porter square mall space went up for lease or sale. movie gallery kept some central employees in dothan, and the company said that it would continue to have a "presence" in dothan. wendy culverwell of the "portland business journal" said that the headquarters move decision was "unusual" because "most of hollywood entertainment's decision-making authority went to alabama after the sale to movie gallery in 2005."
movie gallery