Suncoast Motion Picture Company is an American chain of

retail store Retail is the sale of goods and services to consumers, in contrast to wholesaling, which is sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturers, directly or through a wholesaler, and t ...

s specializing in new and used physical media, primarily CDs, DVDs,

Blu-ray The Blu-ray Disc (BD), often known simply as Blu-ray, is a digital optical disc data storage format. It was invented and developed in 2005 and released on June 20, 2006 worldwide. It is designed to supersede the DVD format, and capable of st ...

s, and

vinyl record A phonograph record (also known as a gramophone record, especially in British English), or simply a record, is an analog sound storage medium in the form of a flat disc with an inscribed, modulated spiral groove. The groove usually starts ne ...

s, as well as collectibles. Suncoast is a subsidiary of Sunrise Records, and its stores are largely stocked the same as their FYE stores.

History

The first Suncoast store opened in

Roseville, Minnesota Roseville is a city in Ramsey County, Minnesota, United States. It is one of two Twin Cities suburbs that are adjacent to both Saint Paul and Minneapolis (the other is Lauderdale). The land comprising Falcon Heights, Lauderdale, and southern R ...

, in 1986 as Paramount Pictures, changing their name to Suncoast Motion Picture Company in 1988. In 1999,

Musicland The Musicland Group, Inc. was an entertainment company that ran Musicland, Sam Goody, Discount Records, Suncoast Motion Picture Company, On Cue, and the Media Play Superstore Chains. The Musicland Group was purchased by Best Buy in 2001 at the hei ...

launched websites for Suncoast, Sam Goody, and Media Play. In 2001,

Best Buy Best Buy Co. Inc. is an American multinational consumer electronics retailer headquartered in Richfield, Minnesota. Originally founded by Richard M. Schulze and James Wheeler in 1966 as an audio specialty store called Sound of Music, it was rebra ...

purchased their then parent-company,

, for $685 million. In January 2003, Best Buy closed 20 Suncoast stores as part of a larger closing that included 90 Sam Goody stores. Later that year in June 2003,

Sun Capital Partners Sun Capital Partners, Inc., is an American private equity firm specializing in leveraged buyouts. Sun Capital was founded in 1995 by Marc J. Leder and Rodger Krouse, former classmates at the Wharton School of the University of Pennsylvania and ...

assumed Musicland's liabilities from Best Buy. In January 2006, The Musicland Group filed for Chapter 11 bankruptcy in the United States Bankruptcy Court for the Southern District of New York; store closures during the bankruptcy included 80 Suncoast stores Suncoast Label Scar

In late March 2006, Trans World Entertainment Corp. completed the purchase of nearly all of the assets of Musicland Holding Corporation for $104.2 million in cash and $18.1 million in assumed liabilities.{{Cite web, url=https://www.twec.com/investors/press-release/trans-world-entertainment-completes-asset-acquisition-of-musicland-holding-corp/, title=Trans World Entertainment Completes Asset Acquisition of Musicland Holding Corp., date=March 29, 2006, website=Trans World Entertainment Corp, access-date=February 3, 2020 TWEC retained the Suncoast name on around 170 stores after acquisition. However, on December 26, 2009, they announced the closure of 150 Suncoast stores nationwide. By 2022, only three Suncoast Motion Picture Company stores remain. They are located in

Beaumont, Texas Beaumont is a coastal city in the U.S. state of Texas. It is the seat of government of Jefferson County, within the Beaumont– Port Arthur metropolitan statistical area, located in Southeast Texas on the Neches River about east of Houston ( ...

Omaha, Nebraska Omaha ( ) is the largest city in the U.S. state of Nebraska and the county seat of Douglas County. Omaha is in the Midwestern United States on the Missouri River, about north of the mouth of the Platte River. The nation's 39th-largest ...

and

Jacksonville, North Carolina Jacksonville is a city in Onslow County, North Carolina, United States. As of the 2020 census, the population was 72,723, which makes Jacksonville the 14th-largest city in North Carolina. Jacksonville is the county seat and most populous commu ...

. That same year the one in Eatontown, New Jersey closed.

References

1986 establishments in Minnesota American companies established in 1986 Companies based in Minnesota Retail companies established in 1986 Retail companies of the United States Companies that filed for Chapter 11 bankruptcy in 2006