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Home > Company Index > Specialty Retail > Music, Video, Book & Entertainment Software Retailing & Distribution > Video City, Inc.
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Video City, Inc. |
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PROFILE |
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Video City's population is in survival mode; after agreeing to buy debt-ridden rival West Coast Entertainment in March 2000, Video City filed for bankruptcy in August 2000. The bankruptcy stalled the acquisition, but online operations were successfully merged. Video City, booming with acquisitions in the late 1990s, now has about 75 stores throughout the US (names include Video City, Video Land, Video Time, Speedy Video, and Video Galaxy) that rent and sell videos, DVDs, and games. West Coast, which is now under the same management as Video City, is selling stores; the original Video City/West Coast deal included a provision to sell a third of West Coast's 225 stores to pay down Video City's $85 million debt.
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STOCK ANALYSIS |
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FURTHER ANALYSIS
Advanced Charting
Deals
FINANCIAL OVERVIEW |
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2000 Sales (mil.): 44.80
1-Yr. Sales Growth: 83.3%
Employees: 750
Revenue per employee: $59,733.33
KEY PEOPLE |
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Robert Y. Lee
CEO
Rudy Patino
CFO
CONTACT INFO |
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9998 Global Rd., 2nd Fl.,
Philadelphia, PA 19115
US
Phone: 215-856-2560
Fax: 215-856-2599
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Hoover's Company Capsule
Copyright © 2001, Hoover's Inc. Austin, Texas.
For changes and updates, contact Hoover's directly.
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