Monday, May 17, 2010

Hollywood Video closing shop in Cedar City and St. George

Hollywood Video stores in Cedar City and St. George are among 2,000 stores closing across the nation. Movie Gallery, Inc., the owner of Hollywood Video, Game Crazy and Movie Gallery movie rental stores, is closing all three chains.

Managers and employees at the two Hollywood Video stores in Southern Utah said they were not allowed to give comment other than closure dates. The Hollywood Video store on Red Cliffs Drive will close Sunday; the Cedar City business is set to shut its doors permanently in July.

Telephone calls for comment from MGI, based in Wilsonville, Ore., were referred to a press release that stated: "We are closing these stores because they are not profitable and because funds from liquidating them can help us move forward." The Spectrum