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Business Services Industry
Hollywood Video files bankruptcy; but local store OK.(THE BUZZ: TIPS, RUMORS AND MISCELLANEOUS PIECES OF BUSINESS INFORMATION)
Wenatchee Business Journal, November, 2007
Movie Gallery Inc., the parent company of Movie Gallery and Hollywood Video rental stores, filed for Chapter 11 bankruptcy on Oct. 16.
The company plans to close 520 U.S. stores as part of the restructuring, but East Wenatchee's Hollywood Video at 595 Grand Road, is not one of them, according to company spokesman Andrew Siegel of the corporate communications firm Joele Frank, Wilkinson Brimmer Katcher.
Siegel said the company will close two Movie Gallery stores in Washington state, one in Lacey and the other in Graham. In addition, one Hollywood Video store in Spokane will ...
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