April 19, 2024
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Business Happenings: Family Video chain calls it quits

Princeton remaining store in the area

By Shaw Local News Network

Family Video in Ottawa moved from Norris Drive to North Ottawa Plaza before finally closing. Now each Family Video store has announced it will close.

Citing the impact of COVID-19 on foot traffic and movie releases, the CEO of the company that owns Family Video said all of the remaining video stores in the chain will close, pushing “us to the end of an era.”

Princeton is home of the lone Family Video store still operational in the area. It is located at 20 W. Century Drive. Family Video stores in Streator recently closed, and the store in Ottawa had relocated before it closed.

A liquidation sale is expected to take place at the more than 250 stores set to close, and many of the stores will remain open until sales are completed of all inventory.

At its peak, the chain had more than 800 stores across the nation.

The NewsTribune and The Times are committed to keeping readers up to date with business happenings in the area. This can include the opening of new businesses and businesses that are closing. Much of our reporting relies on what we see and hear, but we’re also reaching out to readers for tips on business items. If you have a tip to share, email Derek Barichello at dbarichello@shawmedia.com.