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What Will Replace Movie Gallery Stores?

Movie Gallery is closing its remaining 2,400 namesake and Hollywood Video stores after filing for bankruptcy last year. New technology, such as streaming video, and rivals like Netflix, are killing off brick and mortar movie-rental outlets. Landlords could have a similar announcement by rival Blockbuster...

By Ian Ritter | Updated on May 04, 2010

Movie Gallery is closing its remaining 2,400 namesake and Hollywood Video stores after filing for bankruptcy last year. New technology, such as streaming video, and rivals like Netflix, are killing off brick and mortar movie-rental outlets. Landlords could have a similar announcement by rival Blockbuster Inc. to look forward to in the future, as that chain deals with similar problems. Store closings aren’t that new in this current environment, and the Movie Gallery news is by no means unexpected. But what will replace these stores? Walgreen, Panera Bread and other concepts are expanding right now. Are any of them a good fit for former Movie Gallery sites?

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