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.
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.