The company rented and sold Blu-ray Discs, DVDs, VHS tapes, and video games.

On April 30, 2010, Movie Gallery announced it was closing and liquidating all of its stores per a filing of Chapter 7 bankruptcy.

[2][3] At its peak the firm had about 4,700 stores in North America, operating mainly under the Movie Gallery, Hollywood Video, and GameCrazy brands.

With the proceeds from this offering, the company began to quickly complete acquisitions of various video chains, primarily in the southeast.

In early 1995, the company raised additional public funds and continued the acquisition and development of stores.

By the middle of 1996, only 22 months after beginning its aggressive expansion strategy, Movie Gallery had grown to over 850 stores through over 100 separate acquisitions.

The company moved forward with its largest single-chain acquisition to date, expanding its base of stores by 30%, in late December 2001.

The addition of Video Update stores to the Movie Gallery family launched the company's international presence with 100 retail locations in Canada.

In addition, Movie Gallery opened 61 new stores in Western Canada with the acquisition of VHQ Entertainment.

Founder and former CEO Joe Malugen continued to serve on the Movie Gallery Board of Directors until leaving on July 30, 2008.

[12] The company relocated its headquarters to Wilsonville, Oregon (home of the Hollywood Video subsidiary), in late 2008.

[citation needed] In 2009 Movie Gallery closed its Wilsonville, Oregon distribution facility, merging it with one in Nashville, Tennessee.

[citation needed] During a company-wide conference call on April 30, 2010, it was announced that all U.S. Hollywood Video, Movie Gallery, and Game Crazy stores would file for Chapter 7 bankruptcy in May 2010.

[2] The last US Movie Gallery and Hollywood Video locations closed on July 31, 2010, and the liquidation sale was completed.

[citation needed] In order to create a stronger position against the hostile takeover, Hollywood Video agreed to a buyout on Monday, January 10, 2005, by its smaller competitor Movie Gallery.

[26] Wendy Culverwell of the Portland Business Journal said that the headquarters move decision was "unusual" because "most of Hollywood Entertainment's decision-making authority went to Alabama after the sale to Movie Gallery in 2005.