MovieStop
TypePrivate
IndustryRetail
Founded2004 (2004)
Defunct2016 (2016)
Number of locations
44 (2014)[1]

MovieStop was a retailer of new and used movies and related merchandise. It was founded in 2004 as a division of GameStop.[2] GameStop spun off MovieStop to private owners in 2012.[3] In November 2014 MovieStop was purchased by Draw Another Circle LLC, the parent company of Hastings Entertainment.[1] The company website was folded into GoHastings.com the next year. As of November 2014, MovieStop operated 44 stores in 10 U.S. states.[1] All stores were closed by October 31, 2016 as part of Hastings' liquidation.

References

  1. 1 2 3 Erik Gruenwedel (November 3, 2014). "MovieStop Acquired by Hastings Entertainment Owner". Home Media Magazine. Retrieved September 8, 2015. In June 2016, Draw Another Circle filed bankruptcy in hopes to find a buyer to keep their properties operating. However the company was sold to two liquidation firms which together closed Movie Stop, Hastings and Tradesmart.
  2. "Draw Another Circle, LLC Adds MovieStop To Its Portfolio Of Companies To Create A Family Of Specialty Entertainment Retailers". PR Newswire. October 31, 2014. Retrieved September 8, 2015.
  3. "Tully & Holland advises GameStop in the divestiture of its MovieStop division". Tully & Holland. January 18, 2012. Archived from the original on March 8, 2015. Retrieved September 8, 2015.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.