VIDEO RENTAL ROUNDUP

BlowOut Files For Chapter 11Entertainment, Portland, Ore., an operator of leased-space video departments in supermarkets and superstores, last week sold about 90 of its in-store shops to Movie Gallery here. BlowOut also filed for Chapter 11 bankruptcy protection after it failed to obtain new capital or boost its cash flow.Movie Gallery paid $2.4 million for the shops, which include 79 located within

BlowOut Files For Chapter 11

Entertainment, Portland, Ore., an operator of leased-space video departments in supermarkets and superstores, last week sold about 90 of its in-store shops to Movie Gallery here. BlowOut also filed for Chapter 11 bankruptcy protection after it failed to obtain new capital or boost its cash flow.

Movie Gallery paid $2.4 million for the shops, which include 79 located within Wal-Mart Supercenters and eight in Super Kmart Centers. The BlowOut sho

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TAGS: Walmart