Several hundred Hollywood Video stores will be without their retailer mate in the future. According to a breaking
Joystiq report, Movie Gallery, Inc. has plans to close around 200 Game Crazy stores in October. As alluded to, this move will not affect the Hollywood Video stores attached to them. This is a Game Crazy-centric thing.
The parent company won’t say “close,” or even address the amount of stores being (not) closed. In the official statement regarding this matter, the parent company said it is “addressing underperforming stores and ensuring there is sufficient [return on investment] associated with each of these stores going forward.” The statement then mentions that the “vast majority” of stores won’t be affected -- which makes sense considering there are 680 Game Crazy locations.
We expect to hear more on this rather soon. In the meanwhile, go buy a game or two from the retailer if you dig what they do, eh?
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Contest:
3:00 AM on 09.29.2009
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200 stores getting closed is also a bad thing though.
To be honest, I'll be happy with that.
I moved too far away from the Hollywood video, when I left town. I loved that place. You could always find obscure movies there. In the GameCrazy, count on a chubby kid playing Guitar Hero badly, and minors arguing about who was the bigger n00b.
Ugh this just all makes me sad. What I feel the worst for is my roommate, she's been doing this for years and absolutely loves it and it breaks her heart to have to stop.
They've never had anything I've been looking for. Ever. Even the understocked Gamestop nearby that is used to launder drug money has a better selection.
I buy my games off Steam and very occasionally at Best Buy now, though, so I don't care which game stores are open or closed.
Not depressing at all.
The one closest to me however is a total crap hole and should have closed a long time ago. It's still open, of course.
5 days? The GC and HWV store in Fenton, MO got 3 HOURS notice before it was closed on the Thursday night before ODST came out.
Even if you meant customers though, it's terrible given the store credit and preorders people hold. That company deserves its misfortune.