Coronavirus has defeated the country’s last surviving video rental chain, according to reports. Family Video has announced that they will be closing all of their locations, including the Sulphur Springs store.
On Tuesday, Family Video CEO Keith Hoogland shared the news of the closure on the company website and across social media, saying the ongoing coronavirus pandemic proved to be too much of a challenge for the Chicago-based company.
The 250 stores across the country will begin to sell their merchandise at closeout prices and will each officially close when all inventory is sold.
The video rental chain offers movies, video games, CBD products, store fixtures, and more.
Family Video has been in business in the area since the early 1990’s.