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  September 5, 2001
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Home > Company Index > Specialty Retail > Music, Video, Book & Entertainment Software Retailing & Distribution > Handleman Company

Handleman Company
NYSE: HDL
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 NEWS FROM THE WIRES
Handleman names new CFO
Jul 12 2001 05:44 AM PDT

More WIRE STORIES about this company

 NEWS FROM THE STANDARD
IBM Helps Spread the Digital-Content Wealth
Jan 22 2001 11:51 AM PST

 PROFILE
Picking the hits is risky business. "Rackjobber" Handleman Company chooses the tunes that go in customers' racks. The world's largest music distributor serves mass merchants (Wal-Mart and Kmart account for 77% of sales) with CDs and cassettes, providing display cases and advertising. Primarily servicing in-store music racks in the US, the company's Handleman Entertainment Resources unit also distributes from Brazil, Canada, Mexico, and the UK. Handleman's North Coast Entertainment division holds the rights to distribute pre-recorded music, videos, and DVDs through Anchor Bay Entertainment, The itsy bitsy Entertainment Company (75%-owned, markets "Teletubbies" products), and Madacy Entertainment (80%-owned).

 COMPETITION
Baker & Taylor Corporation (dossier)
Ingram Entertainment Holdings Inc. (dossier)
Valley Media, Inc. (VMIX)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: April
2001 Sales (mil.): 1,193.00
1-Yr. Sales Growth: 4.9%
Employees: 2,500
Revenue per employee: $477,200.00

 KEY PEOPLE
• Stephen Strome
    CEO
• Thomas C. Braum
    CFO

 CONTACT INFO
500 Kirts Blvd.
Troy, MI 48084
US
Phone: 248-362-4400
Fax: 248-362-3615
Online: Web Site

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