After years of providing home entertainment to residents, Wallace Video will close shop on May 31

COURTESY OF WALLACE VIDEO - Three generations of the Wallace familly have served home entertainment to area residents for 38 years. Left to right, Tom, Linda, Brandon, Tina and Tim Wallace.It sounds like a paradox: a going-out-of-business story, but it's also a success story.

By pretty much all measures, the story of Woodburn's Wallace Video shakes out that way.

Owner Tim Wallace announced last week that after 38 years the business he's closing its doors for good on May 31. The business opened in Molalla in 1981 and 30 years ago moved to its current location, tucked in between Papa Murphy's Pizza and Do it Best GW Hardware, not far from where Highway 99E meets Mount Hood Ave./Molalla Road.

The ubiquitous and growing world of streaming finally outpaced Wallace's forte – but not before he outlasted once video heavyweights Blockbuster and Hollywood Video, which at one point over the past four decades seemed to be trying to squeeze him out.

"There was a Blockbuster right across the street, and a Hollywood Video 50 feet behind us," Wallace recalled. "A lot of competition has opened up and shut down over the 30 years since we've been here in Woodburn."

Indeed, some recent hype has resulted in national news stories extolling Bend's Blockbuster as the last one remaining in the world. That store became a Blockbuster franchise in 2000 – a full 19 years after the Wallace's first opened shop.

"Not many people can say they've been in the video business 38 years," Wallace said.

Click here to read the rest of the story in the Woodburn Independent.

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