Virgin Hits Milestone In Conversion Of U.K. Stores
The Virgin Entertainment Group's (VEG) launch of its v.shop chain in the U.K. completes its first phase today with the opening of its 97th store, in Chichester, south of London. The retailer began closing outlets in its under-achieving Our Price group of 229 music stores some three months ago for conversion into v.shops. The new stores offer a broader range of consumer electronics products alongside a chart-oriented music and video selection, plus kiosks offering online shopping. VEG is investing some £20 million ($28.4 million) in the redevelopment.
Having completed phase one, the chain expects to "confirm details for the second phase of the company's development in early 2001," says Chris Ash, v.shop/Our Price managing director.
Having completed phase one, the chain expects to "confirm details for the second phase of the company's development in early 2001," says Chris Ash, v.shop/Our Price managing director.
In addition, make sure to read these articles:
- Related Buying Virgin Megastores
- Virgin Entertainment Group and @pos Install iPOS...
- Virgin Entertainment Group To Open Virgin...
- Nontraditional Music Outlets Grow In U.k.; Indie...
- Big Push For v.shop Chain
- Brazin Sells U.K. Biz
- Duffell To Exit Oz's Sanity; Profit Declines...
- Whsmith: Music To Play Lesser Role
- Veg's New Concept For Our Price
- Europe Warms To Motown's India.arie
- U.k.'s Faithless Repays Bmg's Belief
- Virgin Ent. Plans Expansion
- Virgin/Our Price company history
- Veg Claims To Be Settling Dispute With U.k. Majors
- Virgin Entertains Offer To Sell Our Price Chain
Related Topics
In addition, make sure to read these articles:
- Related Buying Virgin Megastores
- Virgin Entertainment Group and @pos Install iPOS TC in Virgin Megastores; Point-of-Sale...
- Virgin Entertainment Group To Open Virgin Megastore in Toronto; New Location in Metropolis...
- Nontraditional Music Outlets Grow In U.k.; Indie Retailers Decline
- Big Push For v.shop Chain
- Brazin Sells U.K. Biz
- Duffell To Exit Oz's Sanity; Profit Declines Expected
- Whsmith: Music To Play Lesser Role
- Veg's New Concept For Our Price
- Europe Warms To Motown's India.arie
- U.k.'s Faithless Repays Bmg's Belief
- Virgin Ent. Plans Expansion
- Virgin/Our Price company history
- Veg Claims To Be Settling Dispute With U.k. Majors
- Virgin Entertains Offer To Sell Our Price Chain
The 11-unit Virgin Megastore operation in North America is being acquired by real estate development and management firm, New York-based Related Companies, in a deal ......
Business Editors/Retail & High-Tech Writers SAN JOSE, Calif.--(BUSINESS WIRE)--June 18, 2001 @pos (www.atpos.com) (OTCBB:EPOS), a leader in secure, interactive electronic transaction terminal platforms, and Virgin ......
Business Editors/Entertainment Editors LOS ANGELES--(BUSINESS WIRE)--Dec. 19, 2001 Virgin Entertainment Group, North America, the world's leading multi-channel music and entertainment retailer, announced today it will ......
LONDON‹The number of nontraditional outlets for music in the U.K. is now greater than ever. Simultaneously, the independent record retail sector is at its lowest ......
Virgin Entertainment Group's v.shop chain?launched in September during the group's ongoing revamp of its under-achieving Our Price operation in the U.K.?is spending some £3 million ......
Australian retailer Brazin has sold its Sanity Entertainment U.K. stores to London investment firm Primemist for $8.14 million. Cash from the sale of the 118 ......
Ian Duffell will exit as executive director of Sanity Entertainment, Australia's largest music and DVD retail chain, later this month. The news comes as Sanity ......
LONDON‹WHSmith, until this month the leading player in the British music market, has reached a landmark in its music strategies, both here and in the ......
The Virgin Entertainment Group's (VEG) 20 million pound ($35 million) makeover of its under-achieving 229-shop Our Price music retail chain gets under way Sept. 4, ......
"I give thanks to the universe for my many, many, many lessons and blessin's." ......
Richard Griffiths may have departed BMG a little more than two months ago, but the legacy of the company's former U.K./Europe president has been burning ......
LONDON-In the wake of record financial results, Virgin Entertainment Group (VEG) is gearing up for a year of expansion with a string of store openings ......
1970 Richard Branson founds Virgin as a mail order record retailer....
Virgin Entertainment Group (VEG), parent of the Virgin Megastore and Our Price retail chains, claims that it is in the process of settling its payments ......
LONDON‹The Virgin Entertainment Group (VEG) is ready to sell its 229-store U.K. chain Our Price. But only one man is in the running to buy ......
Email
Digg It
del.icio.us
Get In-Depth Company Information from Hoover's | Buy a D&B Credit Report | What is in Your Company's D&B Credit Report? | Article Archives
Online Business Database | Online Business Information | Email Marketing Lists | Sales and Marketing Solutions | Business Mailing Lists
Online Business Database | Online Business Information | Email Marketing Lists | Sales and Marketing Solutions | Business Mailing Lists
Information and opinions on AllBusiness.com solely represent the thoughts and opinions of the authors and are not endorsed by, or reflect the beliefs of,
AllBusiness.com, its parent company D&B, and its affiliates.
AllBusiness.com, its parent company D&B, and its affiliates.
