After a Quick 13 Years, Media Play Signs Off
What was once part of a wave that some predicted would wash away old-fashioned competition
has itself been done in by technology and trends not imaginable when it
began.
In January, Musicland Group will close its 61 Media Play stores. The company plans to continue operating MediaPlay.com.
Founded in 1992, Media Play was an all-media store, selling music, books, games, videos and other products. Books and magazines constituted 10%-15% of sales at the average Media Play. At Media Play's height, about four years ago, there were nearly 80 stores.
Musicland also created some 200 On Cue stores, smaller versions of Media Play for rural markets. Two years ago most On Cues were closed or converted into Sam Goody stores.
Media Play has been "unprofitable for a number of years," Musicland spokesperson Laurie Bauer told the AP. "We have not been able to find a niche in the marketplace. Music, movies, video games, and books all have a lot of competition, and the chain has been struggling for a number of years."
Musicland continues to operate more than 800 Suncoast Motion Picture Company and Sam Goody stores, the latter of which it's redesigning. Musicland has also started a new retailing line called Graze, a store-within-the-store at its Mall of America Goody store, where customers can buy a cell phone or burn a CD.
Once an independent company, Musicland was bought by Best Buy in 2001. Best Buy sold it to Sun Capital Partners in 2003.
In January, Musicland Group will close its 61 Media Play stores. The company plans to continue operating MediaPlay.com.
Founded in 1992, Media Play was an all-media store, selling music, books, games, videos and other products. Books and magazines constituted 10%-15% of sales at the average Media Play. At Media Play's height, about four years ago, there were nearly 80 stores.
Musicland also created some 200 On Cue stores, smaller versions of Media Play for rural markets. Two years ago most On Cues were closed or converted into Sam Goody stores.
Media Play has been "unprofitable for a number of years," Musicland spokesperson Laurie Bauer told the AP. "We have not been able to find a niche in the marketplace. Music, movies, video games, and books all have a lot of competition, and the chain has been struggling for a number of years."
Musicland continues to operate more than 800 Suncoast Motion Picture Company and Sam Goody stores, the latter of which it's redesigning. Musicland has also started a new retailing line called Graze, a store-within-the-store at its Mall of America Goody store, where customers can buy a cell phone or burn a CD.
Once an independent company, Musicland was bought by Best Buy in 2001. Best Buy sold it to Sun Capital Partners in 2003.