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Sam Goody
Sam Goody was a music and entertainment retailer in the United States and United Kingdom, operated by The Musicland Group, Inc. It was purchased by Best Buy in 2000, sold to Sun Capital Partners in 2003, and filed for bankruptcy in 2006, closing most of its stores. The remaining stores were purchased by Trans World Entertainment, which also runs FYE, Saturday Matinee, and Suncoast Motion Picture Company. Sam Goody specialized in music, video, and video game sales. Between 2007 and 2008, Trans World converted most of the stores into FYE. , there were only two Sam Goody stores left within the United States—in the Ohio Valley Mall in St. Clairsville, Ohio, and the Rogue Valley Mall in Medford, Oregon. History Sam "Goody" Gutowitz (1904-1991) of New York City opened a small record store on New York's 9th Avenue shortly after the advent of vinyl long-playing records in the late 1940s. Although he did some retail business from his main store on 49th Street, most of his vol ...
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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 height of Musicland's success, which ultimately led to its demise. Jack Eugster was the CEO of The Musicland Group, from 1980, until February 2001. Its headquarters were in Minnetonka, Minnesota. History The first Musicland store was opened in 1955 in Minneapolis by Grover Cleveland Sayre II, where the company continued to be headquartered for the remainder of its history, by Heilicher Brothers, a Minneapolis-based regional record distributor and owner of the Soma Records label. In 1964 Musicland merged with JL Marsh and in 1968 with Pickwick International. In 1977, American Can Company purchased Pickwick International and in 1978 purchased the Sam Goody chain of record stores, which had a long history going back to 1951 in New York. Sh ...
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Variety (magazine)
''Variety'' is an American media company owned by Penske Media Corporation. The company was founded by Sime Silverman in New York City in 1905 as a weekly newspaper reporting on theater and vaudeville. In 1933 it added ''Daily Variety'', based in Los Angeles, to cover the motion-picture industry. ''Variety.com'' features entertainment news, reviews, box office results, cover stories, videos, photo galleries and features, plus a credits database, production charts and calendar, with archive content dating back to 1905. History Foundation ''Variety'' has been published since December 16, 1905, when it was launched by Sime Silverman as a weekly periodical covering theater and vaudeville with its headquarters in New York City. Silverman had been fired by '' The Morning Telegraph'' in 1905 for panning an act which had taken out an advert for $50. As a result, he decided to start his own publication "that ouldnot be influenced by advertising." With a loan of $1,500 from his f ...
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Chapter 11
Chapter 11 of the United States Bankruptcy Code (Title 11 of the United States Code) permits reorganization under the bankruptcy laws of the United States. Such reorganization, known as Chapter 11 bankruptcy, is available to every business, whether organized as a corporation, partnership or sole proprietorship, and to individuals, although it is most prominently used by corporate entities. In contrast, Chapter 7 governs the process of a liquidation bankruptcy, though liquidation may also occur under Chapter 11; while Chapter 13 provides a reorganization process for the majority of private individuals. Chapter 11 overview When a business is unable to service its debt or pay its creditors, the business or its creditors can file with a federal bankruptcy court for protection under either Chapter 7 or Chapter 11. In Chapter 7, the business ceases operations, a trustee sells all of its assets, and then distributes the proceeds to its creditors. Any residual amount is returned to the ...
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Boca Raton, Florida
Boca Raton ( ; es, Boca Ratón, link=no, ) is a city in Palm Beach County, Florida, United States. It was first incorporated on August 2, 1924, as "Bocaratone," and then incorporated as "Boca Raton" in 1925. The population was 97,422 in the 2020 census, and it was ranked as the 344th largest city in America in 2022. However, approximately 200,000 additional people with a Boca Raton postal address live outside of municipal boundaries, such as in West Boca Raton. As a business center, the city experiences significant daytime population increases. Boca Raton is north of Miami and is a principal city of the Miami metropolitan area, which had a population of 6,012,331 as of 2015. Boca Raton is home to the main campus of Florida Atlantic University and the corporate headquarters of Office Depot. It is also home to the Evert Tennis Academy, owned by former professional tennis player Chris Evert. Boca Town Center, an upscale shopping center in central Boca Raton, is one of t ...
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Milwaukee Business Journal
American City Business Journals, Inc. (ACBJ) is an American newspaper publisher based in Charlotte, North Carolina. ACBJ publishes The Business Journals, which contains local business news for 44 markets in the United States, Hemmings Motor News, Street & Smith's Sports Business Daily, and Inside Lacrosse. The company is owned by Advance Publications. The company receives revenue from display advertising and classified advertising in its weekly newspaper and online advertising on its website and from a subscription business model. The bizjournals.com website contains local business news from various cities in the United States, along with an archive that contains more than 5 million business news articles published since 1996. As of August 2021, it receives over 3.6 million readers each week. History The company was founded in 1982 by Mike Russell with the launch of the Kansas City Business Journal. In 1985, the company became a public company via an initial public offering an ...
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Los Angeles Times
The ''Los Angeles Times'' (abbreviated as ''LA Times'') is a daily newspaper that started publishing in Los Angeles in 1881. Based in the LA-adjacent suburb of El Segundo since 2018, it is the sixth-largest newspaper by circulation in the United States. The publication has won more than 40 Pulitzer Prizes. It is owned by Patrick Soon-Shiong and published by the Times Mirror Company. The newspaper’s coverage emphasizes California and especially Southern California stories. In the 19th century, the paper developed a reputation for civic boosterism and opposition to labor unions, the latter of which led to the bombing of its headquarters in 1910. The paper's profile grew substantially in the 1960s under publisher Otis Chandler, who adopted a more national focus. In recent decades the paper's readership has declined, and it has been beset by a series of ownership changes, staff reductions, and other controversies. In January 2018, the paper's staff voted to unionize and fi ...
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Record Bar
The Record Bar is a former U.S. retail music/entertainment store chain founded in Durham, North Carolina. The company eventually grew from a single location to 180 stores. One of the largest music retailing chains, it was located primarily in the southeastern United States. From 1960 until the late 1980s, the owners were the (Barrie) Bergman family of Durham. In the mid-to-late 1980s, Record Bar began opening large new stores and remodeled Record Bar stores under the Tracks name, to better reflect the changes taking place in retail music merchandising (e.g.- large freestanding "super" stores like Peaches and Tower). In October 1989, the company was sold to Super Club N.V., a Brussels, Belgium, video distribution company, by Barrie and his partners for $92 million. At that time, the Record Bar operated 167 stores in the southeastern United States and middle Atlantic states. In the early 1990s, Super Club sold Record Bar, Turtle's Records & Tapes and its other U.S. music and video ...
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Licorice Pizza (store)
Licorice Pizza was a Los Angeles record store chain that inspired the title of Paul Thomas Anderson's 2021 film of the same name. The term is a colloquial expression for vinyl records, comparing them to the color of licorice and the shape of a pizza. James Greenwood opened the first Licorice Pizza record store in July 1969 in Downtown Long Beach. In the next fifteen years, multiple locations spread throughout Southern California. They became known for highly knowledgeable staff, all request sound systems, getting new releases first, and giving away free licorice. He recalls that the Licorice Pizza name was selected because he heard it to describe a record on the '' Bud & Travis... In Concert'' album and it sounded better than "Jim's Records." Matt Groening, creator of The Simpsons, worked at one on Sunset Boulevard in the early 1980s, where he first printed and sold his comic strip Life in Hell. One of the stores can be seen in the Ridgemont Mall in the 1982 film ''Fast Times at ...
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Southern California
Southern California (commonly shortened to SoCal) is a geographic and cultural region that generally comprises the southern portion of the U.S. state of California. It includes the Los Angeles metropolitan area, the second most populous urban agglomeration in the United States. The region generally contains ten of California's 58 counties: Imperial, Kern, Los Angeles, Orange, Riverside, San Bernardino, San Diego, Santa Barbara, San Luis Obispo and Ventura counties. The Colorado Desert and the Colorado River are located on Southern California's eastern border with Arizona, and San Bernardino County shares a border with Nevada to the northeast. Southern California's southern border with Baja California is part of the Mexico–United States border. Constituent metropolitan areas Southern California includes the heavily built-up urban area which stretches along the Pacific coast from Ventura through Greater Los Angeles down to Greater San Diego (the contiguous urban ar ...
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Minyanville
Minyanville Media, Inc. was an Internet-based financial media and publishing company. Investment/business articles and broadcasts were available directly on its website, and via licensing agreements with major financial websites that include Yahoo Finance, MSN Money, AOL Money & Finance and MarketWatch. More than 40 financial professionals publish bylined articles on Minyanville; the company also provides subscription publications with market-specific analysis. Its website receives some 1,000,000 Unique Visitors per month, and is in the top 4,000 websites in the U.S. Minyanville's content has earned an Emmy for Business and Financial Reporting for its web show "Minyanville's World in Review with Hoofy and Boo". Minyanville was started in 2002 by Todd Harrison, who had been a trader, fund manager, and senior executive on Wall Street, with such firms as Morgan Stanley and Galleon Group The Galleon Group was one of the largest hedge fund management firms in the world, managi ...
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Primerica
Primerica, Inc. (NYSE: PRI) is a company that provides insurance, investment and financial services to middle income families in the United States and Canada. Primerica is the parent company of National Benefit Life Insurance Company, Primerica Life, Peach Re, and Vidalia Re. Primerica acquired e-Telequote in July 2021. Primerica has been described as a multi-level marketing company. The company that would become Primerica was founded in 1981. Primerica had its initial public offering in 2010. Primerica's headquarters are located in Duluth, Georgia. History In 1980, A.L. Williams (founded in 1977) entered into a contract with Boston-based Massachusetts Indemnity and Life Insurance Company (MILICO), an underwriter of life insurance and a subsidiary of Santa Monica-based PennCorp Financial Services. In 1981, the company established First American National Corporation as a holding company for First American Life Insurance and First American National Securities. These com ...
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