MovieStop
 | |
| Company type | Private |
|---|---|
| Industry | Retail |
| Founded | 2004 |
| Defunct | 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
[edit]- ^ a b c 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.
- ^ "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.
- ^ "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.