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Article: Hollywood Entertainment's Fourth-Quarter Same Store Sales Increase 4%.
- Article from:
- PR Newswire
- Article date:
- January 6, 2000
CopyrightCOPYRIGHT 2000 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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PORTLAND, Ore., Jan. 6 /PRNewswire/ -- Hollywood Entertainment Corporation (Nasdaq: HLYW), owner of the Hollywood Video chain of video superstores and Reel.com, a leading Internet entertainment site, today announced that total same-store-sales for the fourth quarter ended December 31, 1999 were up 4%.
(Photo: http://www.newscom.com/cgi-bin/prnh/19991105/HLYWLOGO )
Additionally, the Company added 141 new stores in the fourth quarter and, as of December 31st, had a total of 1,615 video superstores in 44 states and the District of Columbia.
Mark Wattles, Chairman, Chief Executive Officer of Hollywood Entertainment stated, "We are very pleased that ...