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DO
NOT WORRY OUR WEB SITE STAYS OPEN ... AND ONLY GETS BETTER !!! |
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LIQUIDATION
SALE
GREAT PRICES |
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WHY ARE WE CLOSING OUR
STORE???
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VIDEO
INDUSTRY CHANGES
The Video Industry has changed so dramatically in the last 3 years,
mostly to the determent of the Independent Video Retailer. For the last
two years there have been
more than
300 Independent Video Stores
closing per month.
Now it is our turn. |
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EVEN
BLOCKBUSTER & HOLLYWOOD VIDEO
HAVE MAJOR PROBLEMS
Blockbuster: has lost money for the last 5 years, they are currently
losing over $80 Million per year and their stock is trading at $8 per
share (down from $55+, not to long ago)
Hollywood Video: Is in the process of reducing its staff by 10 - 20%,
store closures to follow, stock down to under $1.00 (down from $45+, 2
years ago)
The next 4 Major Chains are in Chapter 11 Bankruptcy |
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Other
Contributing Factors
the biggest problem … The Greed of Studios
The Internet
Mass Merchants
Staffing Shortages
Video On Demand
Cable
Black Boxes …
and
the biggest problem is
…
The Greed of Studios
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WHAT
ARE WE GOING TO DO NOW?
We are now going to concentrate on making our Web Site even better !!!
SEE YOU IN CYBER SPACE |
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We Want to Thank All of our
Loyal Customers who came to our store
for their support over the Years.
We are extremely sorry we cannot be here to support your video business.
The Video Industry is not the only problem, the independent retail business is shrinking each day ...
NOTICE TO OUR LOYAL CUSTOMERS
SUPPORT YOUR LOCAL RETAILER
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Or … then there were none !!!
LIQUIDATION
SALE
GREAT PRICES |
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