Sopris Capital Advisors

Rental Store Chain Movie Gallery Files for Bankruptcy

Authored by Mark Hefflinger on October 16, 2007 - 9:14am.

Dothan, Ala. - Movie Gallery, the nation's second-largest movie rental chain behind Blockbuster, announced on Tuesday that it has filed for Chapter 11 bankruptcy, and will close some of its stores as part of a reorganization plan.