Musicland

  1. Amazon, Best Buy Execs Join NARM Board

    April 14, 2009 12:00 AM EDT The National Assn. of Recording Merchandisers has named to new directors to its board, Pete Baltaxe from Amazon and Ed Hogan from Best Buy. Baltaxe, Amazon's director of worldwide digital music, replaces Amazon's Peter Faricy who last fa ...

  2. Musicland Founder Heilicher Dies

    October 14, 2008 12:00 AM EDT Amos Heilicher, a pioneering independent distributor, who also started the Musicland chain, died Oct. 12 of pneumonia at University of Minnesota Hospitals Fairview. He was 90. Heilicher got his start in the music business in his late teens, as a j ...

  3. Eugster Named Chairman At Baker & Taylor

    January 04, 2008 12:00 AM EST Jack Eugster, one of the most powerful U.S. music merchandisers when he headed Musicland, has been named chairman of wholesaler Baker & Taylor, replacing Richard Willis. Eugster had been serving on Baker & Taylor's board of directors ...

  4. Veteran Music Merchandiser Dosdall Dies

    October 25, 2007 12:00 AM EDT Veteran music merchandiser Kathy Dosdall passed away in Minneapolis Oct. 20 after a long illness with cancer. She was 56. Dosdall, who worked in the music industry for more than 30 years, was best known for her last job as a buyer for the powerful ...

  5. Trans World To Launch Digital Service

    April 13, 2007 12:00 AM EDT Another brick-and-mortar music retailer is entering the digital music space, this time Trans World Entertainment. The company has tapped PassAlong Networks to operate its online store, called fye.com. The service will feature DRM-free MP3 files wi ...

  6. Trans World Reports 28% Sales Boost Post-Musicland Acquisition

    March 02, 2007 12:00 AM EST Trans World posted a net income of $36.5 million, or $1.12 a diluted share on sales of $586.7 million, in its fiscal fourth ended Feb. 3. That's nearly double the $20 million, or 64 cents per diluted share, the company made in the prior year& ...

  7. Trans World Shutters 134 Stores

    February 13, 2007 12:00 AM EST In its usual first quarter store pruning, Trans World Entertainment has shut down 134 stores -- more than expected -- bringing the total store count to 992. In past years, in has not been uncommon for Trans World to shut down 35-60 underperforming ...

  8. Trans World Down In Third Quarter

    November 17, 2006 12:00 AM EST Trans World Entertainment posted a loss of $11.4 million, or 37 cents per diluted share, on sales of $297.7 million, for the fiscal third quarter ended Oct. 28. The loss would have been greater, but the company enjoyed an extraordinary gain of 6 c ...

  9. Trans World Posts Third Quarter Loss

    November 16, 2006 12:00 AM EST Company blames music for continued declines. Trans World Entertainment posted a loss of $11.4 million, or 37 cents per diluted share, on sales of $297.7 million, for the fiscal third quarter ended Oct. 28. The loss would have been greater, but the ...

  10. Trans World Posts Third Quarter Loss

    November 16, 2006 12:00 AM EST Trans World Entertainment posted a loss of $11.4 million, or 37 cents per diluted share, on sales of $297.7 million, for the fiscal third quarter ended Oct. 28. The loss would have been greater, but t Trans World Entertainment posted a loss of $11 ...

  11. RETAIL TRACK: THE END OF THE LINE

    November 04, 2006 12:00 AM EST While the chain account base has suffered two body blows this year with the liquidations of Musicland and Tower Records, one-stops also continue to struggle. In the last month, two one-stops have shut While the chain account base has suffered two ...

  12. RETAIL TRACK: THE END OF THE LINE

    November 04, 2006 12:00 AM EST While the chain account base has suffered two body blows this year with the liquidations of Musicland and Tower Records, one-stops also continue to struggle. In the last month, two one-stops have shut While the chain account base has suffered two ...

  13. RETAIL TRACK: THE END OF THE LINE

    November 04, 2006 12:00 AM EST While the chain account base has suffered two body blows this year with the liquidations of Musicland and Tower Records, one-stops also continue to struggle. In the last month, two one-stops have shut While the chain account base has suffered two ...

  14. RETAIL TRACK: THE END OF THE LINE

    November 04, 2006 12:00 AM EST While the chain account base has suffered two body blows this year with the liquidations of Musicland and Tower Records, one-stops also continue to struggle. In the last month, two one-stops have shut While the chain account base has suffered two ...

  15. UMGD Promotes Bakula

    October 31, 2006 12:00 AM EST Upped to VP of sales analysis. Universal Music Group Distribution has promoted Dave Bakula to VP of sales analysis. Bakula reports to Alan Voss, executive VP of sales and marketing, and is based the company's headquarters in Universal City, C ...

  16. Trans World Sales, Losses Up In Q2

    August 18, 2006 12:00 AM EDT Trans World Entertainment released its fiscal second quarter earnings report that revealed an 18% increase in sales, thanks to its March acquisiton of 350 Musicland stores, but posted a net loss of $7 Trans World Entertainment released its fiscal ...

  17. Trans World Sales, Losses Up In Q2

    August 18, 2006 12:00 AM EDT Company acquired Musicland stores in March. Trans World Entertainment released its fiscal second quarter earnings report that revealed an 18% increase in sales, thanks to its March acquisiton of 350 Musicland stores, but posted a net loss of $7.7 ...

  18. Retail Track

    April 18, 2006 12:00 AM EDT As it turns out, Trans World wasn't the only bidder for Musicland. Value Music put in a bid on nine of the Musicland stores. Read Ed Christman's column. As it turns out, Trans World wasn't the only bidder for Musicland. Value Music ...

  19. Retail Track

    April 18, 2006 12:00 AM EDT As it turns out, Trans World wasn't the only bidder for Musicland. Value Music put in a bid on nine of the Musicland stores. Read Ed Christman's column. As it turns out, Trans World wasn't the only bidder for Musicland. Value Music ...

  20. Retail Track

    April 18, 2006 12:00 AM EDT As it turns out, Trans World wasn't the only bidder for Musicland. Value Music put in a bid on nine of the Musicland stores. Read Ed Christman's column. As it turns out, Trans World wasn't the only bidder for Musicland. Value Music ...

  21. Retail Track

    April 18, 2006 12:00 AM EDT As it turns out, Trans World wasn't the only bidder for Musicland. Value Music put in a bid on nine of the Musicland stores. Read Ed Christman's column. As it turns out, Trans World wasn't the only bidder for Musicland. Value Music ...

  22. Retail Track

    April 03, 2006 12:00 AM EDT Trans World Entertainment closed its acquisition of Musicland assets March 28, and its partners in the transaction, Hilco/Gordon Bros., are already liquidating 65 of the 400 stores it acquired. Read E Trans World Entertainment closed its acquisiti ...

  23. Retail Track

    April 03, 2006 12:00 AM EDT Trans World Entertainment closed its acquisition of Musicland assets March 28, and its partners in the transaction, Hilco/Gordon Bros., are already liquidating 65 of the 400 stores it acquired. Read E Trans World Entertainment closed its acquisiti ...

  24. Retail Track

    April 03, 2006 12:00 AM EDT Trans World Entertainment closed its acquisition of Musicland assets March 28, and its partners in the transaction, Hilco/Gordon Bros., are already liquidating 65 of the 400 stores it acquired. Read E Trans World Entertainment closed its acquisiti ...

  25. Court OK's Musicland Sale

    March 22, 2006 12:00 AM EST The U.S. Bankruptcy Court in the Southern District of New York today approved Trans World Entertainment's acquisition of 400 Musicland stores. The deal is expected to close by March 27. The U.S. Bankruptcy Court in the Southern District of Ne ...

  26. Retail Track

    February 28, 2006 12:00 AM EST Trans World's planned acquisition of the assets in 400 Musicland stores has brought a mixed reaction from the retail/distribution side. Read Ed Christman's column. Trans World's planned acquisition of the assets in 400 Musicland sto ...

  27. Retail Track

    February 28, 2006 12:00 AM EST Trans World's planned acquisition of the assets in 400 Musicland stores has brought a mixed reaction from the retail/distribution side. Read Ed Christman's column. Trans World's planned acquisition of the assets in 400 Musicland sto ...

  28. Retail Track

    February 28, 2006 12:00 AM EST Trans World's planned acquisition of the assets in 400 Musicland stores has brought a mixed reaction from the retail/distribution side. Read Ed Christman's column. Trans World's planned acquisition of the assets in 400 Musicland sto ...

  29. Trans World Makes Musicland Bid

    February 21, 2006 12:00 AM EST Trans World has agreed to pay $104 million to purchase 400 stores from Musicland, which has been operating under Chapter 11 protection since Jan. 12. Trans World has agreed to pay $104 million to purchase 400 stores from Musicland, which has been ...

  30. Trans World Makes Musicland Bid

    February 21, 2006 12:00 AM EST Agreed to pay $104 million for 400 stores. Trans World has agreed to pay $104 million to purchase 400 stores from Musicland, which has been operating under Chapter 11 protection since Jan. 12. In making the bid Trans World becomes a “stalking hors ...

  31. Musicland Cuts 85 Positions

    January 24, 2006 12:00 AM EST Longtime chain buyer Dieter Wilkensen let go. As part of its Chapter 11 proceedings, the Musicland Group eliminated 85 positions yesterday. Longtime chain buyer Dieter Wilkensen, whose music industry career stetches back more than 40 years, was on ...

  32. Retail Track

    January 23, 2006 12:00 AM EST Musicland Group's Chapter 11 filing is fuel for industry naysayers--the mainstream media will once again have a field day gloating about the demise of the record store. Read Ed Christman's column. Musicland Group's Chapter 11 filing ...

  33. Retail Track

    January 23, 2006 12:00 AM EST Musicland Group's Chapter 11 filing is fuel for industry naysayers--the mainstream media will once again have a field day gloating about the demise of the record store. Read Ed Christman's column. Musicland Group's Chapter 11 filing ...

  34. Musicland Hoping For A Buyer

    January 13, 2006 12:00 AM EST Co. also preparing going-out-businesses sales. In first day (Jan. 13) motions in the Chapter 11 filing of the Musicland Group in the U.S. Bankruptcy Court for the Southern District of New York, it was revealed the company is up for sale with the g ...

  35. Musicland Group Files For Chapter 11

    January 12, 2006 12:00 AM EST Chain in process of liquidating 61 Media Play stores. As expected, the Musicland Group filed for Chapter 11 protection late Thursday afternoon in the U.S. Bankruptcy Court Southern District of New York. The chain has been experiencing financial di ...

  36. Musicland CEO Steps Down

    November 30, 2005 12:00 AM EST Madden named interim CEO. The Musicland Group has lost another CEO as Jack Chadsey, who assumed the post on Oct. 3, has left the company. Michael Madden, Musicland president, has been named interim CEO. Chadsey replaced Eric Weisman, a well-known ...

  37. Musicland Launches Digital Store

    November 17, 2005 12:00 AM EST Songs available for a la carte purchase. Musicland Group introduced an online digital music download store called GrazeMusic.com. Powered by PassAlong Networks, the store sells songs a la carte for 99 cents each. There is no subscription element t ...

  38. Retail Track

    November 01, 2005 12:00 AM EST October has been an interesting month for the two largest music specialty chains, Trans World Entertainment and Musicland Group. Read Ed Christman's column. October has been an interesting month for the two largest music specialty chains, Tra ...

  39. Retail Track

    November 01, 2005 12:00 AM EST October has been an interesting month for the two largest music specialty chains, Trans World Entertainment and Musicland Group. Read Ed Christman's column. October has been an interesting month for the two largest music specialty chains, Tra ...

  40. Jim Litwak Named As Trans World President

    October 19, 2005 12:00 AM EDT Retail vet previously held exec post with the chain. Jim Litwak has rejoined Trans World Entertainment, the company where he was previously an executive VP, as president/COO. From 1996 to 2000 Litwak was executive VP of merchandising and marketing ...

  41. Sun Capitol Recruits Musicland Equity Help

    October 18, 2005 12:00 AM EDT Firm hires banking firm Duff & Phelps. Sun Capital Partners has hired Chicago-based investment banking firm Duff & Phelps to help raise $50 million in equity capital for the Musicland Group, it was revealed today (October 18) on the Su ...

  42. Weisman Out At Musicland

    October 03, 2005 12:00 AM EDT Chairman/CEO replaced by Jack Chadsey. In a surprise move, Eric Weisman resigned today (Oct. 3) as chairman/CEO of the 900-unit Musicland retail chain. Replacing Weisman is 35-year retail veteran Jack Chadsey. Chadsey's past includes senior p ...

  43. Musicland To Carry Cingular Music Devices

    September 15, 2005 12:00 AM EDT Wireless carrier's GoPhone to hit stores in Oct. Musicland Group Inc. and partner Cingular Wireless have launched a pilot program to sell digital and wireless music devices in Musicland retail locations nationwide. Cingular, which recently be ...

  44. Musicland To Carry Cingular Music Devices

    September 15, 2005 12:00 AM EDT Musicland Group Inc. and partner Cingular Wireless have launched a pilot program to sell digital and wireless music devices in Musicland retail locations nationwide. Musicland Group Inc. and partner Cingular Wireless have launched a pilot program ...

  45. Musicland Group Cuts 10% Of Home-Base Staff

    May 26, 2005 12:00 AM EDT The Musicland Group laid off about 10% of its headquarters staff in a move to create further efficiencies as it attempts to deal with the U.S. industry's declining music sales. The Musicland Group laid off about 10% of its headquarters staff ...

  46. Pioneering Indie Record Distributor Dies At 82

    May 25, 2005 12:00 AM EDT Dan Heilicher co-founded Heilicher Brothers, Musicland chain. Dan Heilicher, one half of the pioneering independent record distributor Heilicher Brothers, died yesterday in Minneapolis after a long illness. He was 82. Heilicher, who was a pilot fo ...

  47. Musicland Receives $25 Million Equity Investment

    April 26, 2005 12:00 AM EDT Sun Capital Partners will make a $25 million equity investment in the Musicland Group, according to sources. NEW YORK -- Sun Capital Partners will make a $25 million equity investment in the Musicland Group, according to sources. The cash infusion ...

  48. Musicland Receives $25 Million Equity Investment

    April 22, 2005 12:00 AM EDT Sun Capital Partners infuses cash for growth. Sun Capital Partners will make a $25 million equity investment in the Musicland Group, according to sources. The cash infusion will mark the first time the Boca Raton, Fla.-based investment firm has pu ...

  49. Canadian Retailer A&B Sound Files For Bankruptcy

    January 25, 2005 12:00 AM EST Venerable Western Canadian music and consumer electronics retailer A&B Sound filed for bankruptcy protection Jan. 19 under Canada's Companies Creditors Arrangement Act. The company has announced t TORONTO -- Venerable Western Canadian ...

  50. Canadian Retailer A&B Sound Files For Bankruptcy

    January 20, 2005 12:00 AM EST Venerable Western Canadian music and consumer electronics retailer A&B Sound filed for bankruptcy protection yesterday (Jan. 19) under Canada's Companies Creditors Arrangement Act. Venerable Western Canadian music and consumer electro ...

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