Movie Gallery in Craig closes doors as part of national shutdown
July 13, 2010
Hundreds of plastic cases that had been on shelves at Movie Gallery in Craig for months found their way into customers' hands Sunday for the last time.
The store, located inside the Centennial Mall at 1111 W. Victory Way, spent weeks clearing out inventory before officially closing Sunday. The store offered discounts on its supply of DVDs, Blu-rays and video games in the weeks leading up to the closing.
Part of a national chain, Movie Gallery opened in 2003 and employed five people at the time of closing. Movie Gallery, Inc., filed for bankruptcy in February.
The company began closing less profitable Movie Gallery franchises around the country, as well as Hollywood Video and Game Crazy stores, which the company also owns.
Movie Gallery staff was notified of the pending closure in May.
Since then, the business stopped receiving new movies for rental and focused on selling products in stock, offering some items for 50 percent off, and continually marking them down until the final weekend sale.
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Over the weekend, many items were offered at 90-percent discount.
Manager Lacie Hawkins said the store saw the biggest customer turnout in its last days as customers took advantage of the discounts.
Some were buying 20 DVDs at a time, as well as Nintendo Wii, Xbox and PlayStation games, available for a fraction of the original price.
Also coming off the shelves were a small selection of Blu-rays and the now-defunct HD-DVD format, in addition to bundles of extra empty cases sold for $5 apiece.
Hawkins said she and her staff had been offered various compensation packages from Movie Gallery that had yet to be worked out.
"For now, we're all just taking a break, and then I don't know what we're going to do," she said.
With the merchandise gone, the store's furniture and equipment are the next to go, as the employees clear out the location.
Vicki Hall, property manager for the Centennial Mall, said the store's location has not yet been rented by another business.
"There have been some people looking at it, but nobody's made an offer," Hall said. "It doesn't seem likely that another movie place will move in.
"There's just been such a change with the overall economics of that."