whotony

http://www.reuters.com/article/idUSTRE6412SR20100502

Movie Gallery shutting it down.

yellahoosh

These closing sales haven't been very fruitful to me like the ones I went to in 2008. The two I went today had been already on liquidation for 5 weeks, dvds 3 for $12. Not a bad selection left but nothing real special. The DVDs I got were fairly hashed out.

mike07

Does anyone know when the liquidation process will begin for most stores? Every store I went by yesterday was still in rent mode and the only differences were they took down the movie posters out of the windows. The one Hollywood Video store I actually stopped at, had a B2G2Free promotion that they almost always have running... I asked the cashier when they were going to start selling, and he just said he had no idea.

I thought I read someplace that it was supposed to start 2 weeks after May 1st and only last like, 2 months from the 2wk period.

Adboy151

The court is suppose to decide on Movie Gallery/Hollywood's choice of liquidator sometime this week, so it would likely start within days to a week of the official OK.

It's expected to the same liquidator who did Circuit City's fire sale.

mike07

Thanks adboy151.

Roybq

Our local liquidation sale started yesterday. Everything shot up to retail price and then was discounted 20%. Priced are worse than they were last week (3 used blus for $25-now $16.99 each), but still people were stocking up like they were getting a great deal. I'll play the waiting game and see what's left near the end.

kndy

Our local stores are currently at 40-60% off with core DVD's are at 5 for $20, reg. are at $4.99 or $5.99.

I went crazy on the foreign film section going after Criterion, Kino and Sony Pictures Classics releases. Purchased a lot but I'm timing one last major purchase a week or two from now. I noticed they shut down the Game Crazy portion on Thursday and everything was being moved into the main store (looks like a lot of people bought the shelves). It's getting empty but still plenty of deals to take advantage of.

adrenaline78

Another store in my area is closing so I went today.

Went to buy Cloudy with a chance of meatballs blu/dvd as the artwork said.. but it was only the blu. The price was also 15 bucks at 50% off.. but I'm not sure how that works as the sticker on it said 24.99.. not sure how they do their math.

also went to get a game for my son but it was all scratched to hell.. so it was a no go. 2 times i've been in there and 2 times i've walked out with nothing. also another pricing thing as it said 9.99 on the inside sticker. But the case it was in said 15.. and it rang 40% off of the 15.. So they are marking things up to mark them down.

Still tons of inventory left.. So I'll be going back.