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Home > Company Index > Specialty Retail > Music, Video, Book & Entertainment Software Retailing & Distribution > National Record Mart, Inc.

National Record Mart, Inc.
OTC: NRMI
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 NEWS FROM THE STANDARD
EMI Spreads the Digital Word
Jul 19 2000 04:18 PM PDT

 PROFILE
These music stores know their oldies. The oldest music retailer in the US, National Record Mart (NRM) also sells other home entertainment products, such as CDs and movies (VHS and DVD). It runs some 130 stores in 33 states (many in the eastern US) and Guam. The company's stores operate under several names, including Music Oasis, Music X, NRM Music, Vibes Music, NRM Music, and Waves Music. Shoppers can buy blank tapes (audio and video), magazines, posters, and T-shirts. Some stores sell tickets to concerts and sporting events. NRM also sells more than 275,000 music titles -- including customized CDs -- and movies through the Internet. Chairman and CEO William Teitelbaum and his wife, Michele, own 30% of the company.

 COMPETITION
MTS, Incorporated (dossier)
Musicland Stores Corporation (dossier)
Trans World Entertainment Corporation (TWMC)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: March
2000 Sales (mil.): 142.60
1-Yr. Sales Growth: 9.8%
Employees: 1,238
Revenue per employee: $115,185.78

 KEY PEOPLE
• William A. Teitelbaum
    CEO
• Theresa Carlise
    CFO

 CONTACT INFO
507 Forest Ave.
Carnegie, PA 15106
US
Phone: 412-276-6200
Fax: 412-276-6201
Online: Web Site

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