Movie Gallery

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Movie Gallery was a chain of video rental stores. The company was formed in 1985 by Joe Malugen and Harrison Parrish in Dothan, Houston County and there were many locations in the Birmingham area. It went out of business in 2010.

Through its wholly owned subsidiary, M.G.A., the company's founders began operating video specialty stores in southern Alabama and the Florida panhandle, and franchising the Movie Gallery store concept.

In June 1987, the company owned five stores and had a franchise operation of 45 stores. The company began to consolidate the franchisees into company owned stores in 1988.

In 1992, the company had a total of 37 stores and annual revenues of $6 million. The company completed an initial public offering of its stock in August 1994 and began buying smaller video store chains, including Bessemer-based Video Xpress. At the end of 1994, they had 166 video specialty stores in Alabama, Florida, Georgia, Mississippi, Missouri, and Tennessee.

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 Game Crazy brands. The last of the company's stores were closed in August 2010.

Birmingham area locations

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References