Family Video Closing All Stores Including Here in Michigan
There’s no denying we live in a digital age. When we once had to wait for a movie to come out in the movie theater, it's now just a click of a TV controller from the comfort of our own home. We can even stream movies on our phones to watch whenever we want. So It comes with no real surprise the days of video stores are coming to an end.
Family Video announced today they will be closing all of their remaining stores across country. About 250 Family Video stores will be shutting their doors for good according to a press release obtained by WXYZ from the company.
Already liquidation sales are underway, and the plan is to completely shut down when all products are sold. Movies, video games, even CBD products and store fixtures are included in the items being sold.
It was just a matter of time until the once popular video stores met their end from Digital competition, and the past year the COVID-19 pandemic has really hit hard. It was a great run, and a tough decision to make for the company.
“We are very thankful to have been able to provide entertainment for many family movie nights," said Keith Hoogland, CEO of Highland Ventures, LTD, the company that owns Family Video.
Family Video currently still has 4 stores locally; in Flint, Burton, Flushing, and Clio. The company’s first Family Video store opened in 1996 in Toledo. Within 10 years, it opened an additional 10 locations in that area, growing to over 800 stores company-wide.
According to the press release, the store will close January 6.
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