Movie Gallery Canada Closing 131 Stores

Movie Gallery Canada announced that it will be closing 131 Movie Gallery and VHQ stores throughout Canada beginning Saturday, June 12, 2010.

According to the statement, consumers can expect to find everything in the closing stores, including DVD and Blu-ray movies, video games and store fixtures at discounts beginning at up to 30% off. The store closing sale is expected to last approximately six weeks.

For more information visit: www.sbcapitalgroup.com ; www.tigercapitalgroup.com ; www.hudsoncpl.com


Unedited press release follows:

Movie Gallery Canada to Hold Store Closing Sale in Majority of Stores Throughout Canada

Leading Video Store Chain to Liquidate Merchandise in 131 Stores Beginning Saturday June 12th

TORONTO–Movie Gallery Canada today announced that it will be closing 131 Movie Gallery and VHQ stores throughout Canada beginning Saturday, June 12th (see full store closing list attached). Inventory valued at approximately $33,000,000 will be completely liquidated in a store closing sale managed by a joint venture group consisting of: Schottenstein Bernstein Corporation, Tiger Capital Group, and Hudson Capital Partners.

Consumers can expect to find everything in the closing stores, including DVD and Blu-ray movies, video games and store fixtures at significant discounts beginning at up to 30% off. The store closing sale is expected to last approximately six weeks. Gift cards will continue to be honored during the sale.

“The at-home video rental market has become increasingly more challenging with the rise of strong competition from cable providers, internet, kiosk operators and subscription-based mail delivery services,” said David Peress, President of Hudson Capital Partners. “For more than 20 years, Movie Gallery has been providing consumers with a great selection of movies, videos and games for purchase and rental. During the store closing sale consumers can expect to find all merchandise for sale at below market prices.”

About Schottenstein Bernstein Corporation
Schottenstein Bernstein Corporation, a unit of SB Capital Group, LLC, is a leader in the field of asset recovery, rescue finance, restructurings and store closing / event sales. With a portfolio of businesses and investments across a wide area of sectors including retail, consumer products, franchising, licensing and real property, SB Capital Group’s specialties include asset disposition services, acquisitions, financial solutions, as well as appraisal and valuation services. Please visit www.sbcapitalgroup.com to discover the many ways SB Capital Group helps businesses successfully manage change.

About Tiger Capital Group
Tiger and affiliated companies provide comprehensive advisory, valuation, auction, management, and disposition services for a broad range of retail, wholesale, and industrial companies. Over the past 30 years, we have managed more store closings than any other business in the industry and have provided inventory appraisals on behalf of a wide range of industries and merchants. Our focus is to help retailers, asset-based lenders and other financial institutions understand the underlying value of inventory and to provide key monitoring advice. To learn more about Tiger Capital Group, please visit www.tigercapitalgroup.com.

About Hudson Capital Partners, LLC
Hudson Capital Partners, LLC offers an extensive array of professional solutions to the challenges retailers face today, including management of excess, obsolete and discontinued inventory, changing geographic and demographic circumstances, unproductive store sites, and real estate and liquidity issues. The firm’s diversified staff is experienced at performing strategic store closings and relocations, fixed asset dispositions, wholesale inventory buyouts and lease mitigations. To learn more about Hudson Capital Partners, please visit www.hudsoncpl.com.

Movie Gallery and VHQ Store Locations to Hold Liquidation Sale:

STREET ADDRESS			CITY			PROVINCE
5101 Broadway Ave.		Blackfalds		AB
11001 20th Avenue		Blairmore		AB
1-312 Cassils Road West		Brooks			AB
1066-11300 Tuscany Blvd. N.W. 	Calgary			AB
3566 Garrison Gate S.W. 	Calgary 		AB
6490 Old Banff Road S.W. 	Calgary 		AB
6608 48th Avenue 	  	Camrose 	  	AB
100-1040 Railway Avenue		Canmore			AB
555 Main Street			Cardston 	  	AB
5104 50th Avenue		Cold Lake 	  	AB
17 Athabasca Avenue		Devon			AB
2034 19th Avenue 	  	Didsbury 	  	AB
400-650 South Railway Ave. E 	Drumheller 	  	AB
5015 51st Avenue 	  	Eckville 	  	AB
2347 & 2349 Rabbit Hill Rd. 	Edmonton 	  	AB
18352 Lessard Road 	  	Edmonton 	  	AB
9902-93rd. Street 	  	Fort Saskatchewan	AB
102-9505 68th Avenue 	  	Grand Prairie 	  	AB
2300 Pine Plaza 	  	Grande Cache 	  	AB
103-11030 100th Street 	  	Grande Prairie 	  	AB
109-110, 10011 92nd St 	  	Grande Prairie 	  	AB
104 2nd Avenue East 	  	Hanna			AB
10004 Rainbow Blvd. 	  	High Level 	  	AB
106 Park Street 	  	Hinton 	  		AB
#002, 4302-50th Street 	  	Leduc 	  		AB
166 Columbia Blvd West 	  	Lethbridge 	  	AB
3708-50th Avenue 	  	Lloydminster 	  	AB
266 4th Street Sw 	  	Medicine Hat 	  	AB
717 20th Street Ne 	  	Medicine Hat 	  	AB
83 Carry Drive 	  	        Medicine Hat 	  	AB
8802 100th St. Unit 17 	  	Morinville 	  	AB
2-4601 50th Avenue 	  	Olds			AB
838 Main Street 	  	Pincher Creek 	  	AB
#4800 Hwy 2a 	  	        Ponoka			AB
#6, 4502-50th Street 	  	Ponoka			AB
88 Howarth Street 	  	Red Deer 	  	AB
69 Dunlop Street 	  	Red Deer 	  	AB
Bay 4, 6842-50th Ave 	  	Red Deer 	  	AB
3121-49th Ave 	  	        Red Deer 	  	AB
202 Main Street, Sw 	  	Slave Lake 	  	AB
4325 50th Avenue 	  	St Paul 	  	AB
#100-4300 South Park Drive      Stony Plain 	  	AB
110-800 Pine Road 	  	Strathmore 	  	AB
101 Centre Street North		Sundre			AB
80 Hewlett Park Landing		Sylvan Lake 	  	AB
5007 47th Avenue 	  	Taber 	  		AB
5541 60th Street 	  	Vegreville 	  	AB
4921 50th Street 	  	Wetaskiwin 	  	AB
3760 56th Street 	  	Wetaskiwin 	  	AB
4819-50th Avenue 	  	White Court 	  	AB
5004 Dahl Dr.			Whitecourt 	  	AB
503 Hwy 16			Burns Lake 	  	BC
B5-465 Merecroft Rd 	  	Campbell River 	  	BC
5101 South Access Road 	  	Chetwynd 	  	BC
2225 Guthrie Road 	  	Comox			BC
470 Stuart Drive W Unit 7	Fort St James 	  	BC
9831-98a Avenue 	  	Fort St John 	  	BC
575 Old Hope Princeton Way	Hope 	 	 	BC
3350 10th Street 	  	Houston 	  	BC
1800 Tranquille Road 	  	Kamloops 	  	BC
651 Main Street 	  	Lillooet 	  	BC
13-600 Mackenzie Blvd 	  	Mackenzie 	  	BC
2741 Forksdale Ave. 	  	Merritt 	  	BC
845 Deloume Road 	  	Mill Bay 	  	BC
1-619 Vernon Street 	  	Nelson 	 	 	BC
4-4569 10th Avenue 	  	New Hazelton 	  	BC
3-192 West Island Highway	Parksville 	  	BC
460 - 5240 Domano Blvd 	  	Prince George 	  	BC
1-136 Tapton Avenue 	  	Princeton 	  	BC
665 Newman Road 	  	Quesnel 	  	BC
155 Malcolm Drive 	  	Quesnel 	  	BC
5500 Sunshine Coast Hwy #310	Sechelt 	  	BC
6638-6660 Sooke Road 	  	Sooke 		  	BC
1280 Cedar Avenue 	  	Trail 		  	BC
5301 - 25th Avenue 	  	Vernon 	 		BC
2315 Beacon Ave. 	  	Victoria 	  	BC
9522 Main Street 	  	Winfield 	  	BC
886 Thornhill Street 	  	Morden 	  		MB
240 Main Street 	  	Selkirk 	  	MB
210 King St 	  		St Stephens 	  	NB
138 Main Street #11 	  	Sussex 	  		NB
337 Connell Street 	  	Woodstock 	  	NB
Sq. Mall - Columbus Drive	Carbonear 	  	NL
76 Manitoba Drive 	  	Clarenville 	  	NL
16 Murphy Square 	  	Corner Brook 	  	NL
1 Mt. Bernard Ave 	  	Corner Brook 	  	NL
42 Queen Street 	  	Stephenville 	  	NL
3-153 Reserve Street 	  	Glace Bay 	  	NS
3737 Highway 3 	  		Crowell 	  	NS
3290 Hwy 2 	  		Fall River 	  	NS
1016 Central Avenue 	  	Greenwood 	  	NS
31 Weaver Street 	  	Pictou 		  	NS
47 Paint Street #6 	  	Port Hawkesbury		NS
#100, 314 Old Airport Rd. South	Yellowknife 	  	NT
372 Queen St. East 	  	Acton 	  		ON
35 Sandwich Street South	Amherstburg 	  	ON
7 Commerce Road 	  	Angus 	 	 	ON
3 Arthur Street 	  	Arnprior 	  	ON
4610 Ontario Street 	  	Beamsville 	  	ON
2135 Dorchester Road 	  	Dorchester 	  	ON
316 Talbot St. North 	  	Essex 		  	ON
220 Main Street North 	  	Exeter 		  	ON
450 Garrison Road 	  	Fort Erie 	  	ON
351 Scott Street 	  	Fort Frances 	  	ON
63 Main Street			Grand Bend 	  	ON
159 Main Street East 	  	Grimsby 	  	ON
825 10th Street 	  	Hanover 	  	ON
120 Thames Street North		Ingersoll 	  	ON
4-60 Brunetville Road 	  	Kapuskasing 	  	ON
313 Main Street East 	  	Kingsville 	  	ON
140 Queen Street 	  	Lakefield 	  	ON
10 Superior Plaza 	  	Marathon 	  	ON
9-206497 Highway 26 	  	Meaford 	  	ON
1 Pine Drive			Parry Sound 	  	ON
97 Picton Main Street 	  	Picton 	  		ON
281 Goodrich Street 	  	Port Elgin 	  	ON
105 Peter Street 	  	Port Hope 	  	ON
627 Fortington Street S.	Renfrew 	  	ON
802 Main Street East 	  	Shelburne 	  	ON
12 Caradoc Street North		Strathroy 	  	ON
30 Queen Street South 	  	Tilbury 	  	ON
3080 Highway 69 North 	  	Val Caron 	  	ON
29 Mission Rd			Wawa 	  		ON
505 Granville St 	  	Summerside 	  	PE
503 La Ronge Avenue 	  	La Ronge 	  	SK
506-508 Main Street 	  	Melfort 	  	SK
1200 8th St West 	  	Nipawin 	  	SK
1591 100 Street 	  	North Battleford	SK
815 Gray Avenue 	  	Saskatoon 	  	SK
1112 6th Avenue, Ne 	  	Swift Current 	  	SK
85 Government Rd. N.W. 	  	Weyburn 	  	SK