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Monday, March 06, 2017
Movie Gallery CEO Out

Movie Gallery CEO C.J. “Gabe” Gabriel left the company March 2, less than a year after being named to the position, according to Sherif Mityas, COO and president of retail operations, who assumes control of day-to-day operations.

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Blockbuster Reports Preliminary Q4 Same-Store Sales Increase

Blockbuster Inc. March 5 reported domestic same-store sales were up 4.4% in the fourth quarter ended Jan. 4, as speculation about bankruptcy swirled.

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Trans World Trans World Eyes Blu-ray, Games for 2009 Resurgence

Trans World Entertainment Corp. March 5 said it would aggressively push Blu-ray movies and video games in 2009 in an effort to re-establish itself in the challenged entertainment retail landscape.

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Fox Separates Rental, Sellthrough for Blu-ray, DVD

Seeking to bolster packaged-media sales in the faltering economy, 20th Century Fox Home Entertainment for the first time is implementing separate packaging and SKUs on select rental and sellthrough Blu-ray and DVD titles, beginning later this month.

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amazon Amazon Launches Used Game Trade-Ins

Amazon.com launched a video game trade-in service March 5, sending stocks of No. 1 video game trade-in company GameStop down more than $4, or 15%, in afternoon trading. Shares of Amazon were down slightly.

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