TITLE

Gallery Losses Continue

AUTHOR(S)
Gruenwedel, Erik
PUB. DATE
January 2008
SOURCE
Home Media Magazine;1/13/2008, Vol. 30 Issue 2, p6
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the $80.7 million business losses posted by Dothan, Alabama-based rental chain Movie Gallery Inc. in the U.S. for the period from October 16 to December 2, 2007. The Hollywood Video stores of the chain suffered a loss of $53.5 million while its Gallery locations has a loss of $27.2 million. The total revenue posted by the firm for the period was over $295 million. Gallery intends to exit from bankruptcy in the second quarter of 2008.
ACCESSION #
28532024

 

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