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Home > Company Index > Specialty Retail > Music, Video, Book & Entertainment Software Retailing & Distribution > Musicland Stores Corporation
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Musicland Stores Corporation |
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NEWS FROM THE STANDARD |
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Sony Bets on E-Commerce
Jul 24 2000 12:00 AM PDT
PROFILE |
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Musicland Stores puts an entertaining spin on its business. The company operates more than 1,300 stores, including nearly 700 mall-based Sam Goody and Musicland stores, which sell music, videos, and related items. (Most stores now operate under the Sam Goody banner.) A subsidiary of electronics retailer Best Buy, the company also operates more than 400 Suncoast Motion Picture Company stores (videos, DVDs, and movie-themed apparel), also located in malls. Outside the mall, its Media Play superstores (and smaller On Cue stores in less-populated areas) offer music, videos, books, and software. Musicland also sells merchandise through its Web sites. Best Buy bought the company in January 2001.
COMPETITION |
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MTS, Incorporated (dossier)
Trans World Entertainment Corporation (TWMC)
Wal-Mart Stores, Inc. (WMT)
DEALS |
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Deal: RealNetworks Allies With Musicland
Date Announced: 02.29.00
Value of transaction (US $Mil): 0
Description: Streaming media provider provides customized digital music and promotion services through RealJukebox.
> Search all deals for this company
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FINANCIAL OVERVIEW |
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Fiscal Year-End: December
1999 Sales (mil.): 1,891.80
1-Yr. Sales Growth: 2.4%
Employees: 15,900
Revenue per employee: $118,981.13
KEY PEOPLE |
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Kevin Freeland
CEO
Keith A. Benson
CFO
CONTACT INFO |
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10400 Yellow Circle Dr.
Minnetonka, MN 55343
US
Phone: 952-931-8000
Fax: 952-931-8300
Online: Web Site
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