Not too many weeks ago we were all pondering the business model of “Family” Video, the company that has shown an interest in tearing down a building on James Street, putting up a parking lot and installing a single-use building within a couple feet of a church. While selling porn flicks from a back room.
Turns out that business model isn’t so great after all. Movie Gallery is closing its remaining stores. All 1600 of them.
The next time we read about this sort of thing, you can bet it’s going to be “Family” Video. Friends don’t let friends approve the construction of single-use buildings, especially those with a bad business model.
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