AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.

Music Zone plans to take on Virgin after expansion.

Music Week

| August 05, 2006 | COPYRIGHT 2006 CMP Information Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Music Zone is planning an ambitious campaign of organic growth over the coming year, on the back of an update to its retail offer and changes to the company's infrastructure.

Since the company's dramatic acquisition of 41 former MVC stores in January, Music Zone has added a further five outlets to its portfolio, two from MVC and three organic openings. This takes the total number of Music Zone stores to 102, just behind Virgin Retail, which has 126 stores in the UK and Ireland, and Music Zone managing director Steve Oliver has the competitor in his sights.

"We have another four to six organic store launches planned before Christmas," he says. "When the right opportunity comes up, and with the geographical framework that we have now got with the former MVC stores, we can look at further potential openings pretty much anywhere in England, Scotland and Wales. Do I see Music Zone overtaking Virgin in terms of branch numbers? I guess the quick answer is `Yes, next year'."

The company last week posted an 82% rise in turnover to #135m for the year to June 30, on the back of its programme of new store openings. ...

Related articles from newspapers, magazines, journals, and more
IN BRIEF: Steve Oliver sets up online music store.
Magazine article from: Music Week November 17, 2007 700+ words
Former managing director of music chain Music Zone Steve Oliver has set up on an online music store and a shop in Macclesfield. Music Magpie sells used CDs online while the shop sells new releases. Copyright: CMP Information Ltd.
MVC buyout rocks retail landscape; Music Zone chief sets out bold new strategy...
Magazine article from: Music Week Cardew, Ben January 14, 2006 700+ words
Music Zone managing director Steve Oliver is putting faith in his company...new artists, to drive sales in Music Zone's newly-acquired former MVC...undisclosed is a vindication of the Music Zone approach. "The administrators...
Music Zone aims to be national yet local.
Magazine article from: Music Week October 21, 2006 700+ words
...Physical music sales still strong, says Music Zone MD by Ben Cardew Music Zone managing director Steve Oliver believes this Christmas will mark a turning...and digital product. And he told the Music Zone fourth quarter conference that he is confident...
Music Zone's MVC buy-out on hold as auditors assess price.(News)
Magazine article from: Music Week Williams, Paul January 7, 2006 700+ words
...was confirmed the day after Music Zone had announced the acquisition...originally brokered between Music Zone managing director Steve Oliver, who led a 12m [pounds sterling...through, it would transform Music Zone into a 100-strong chain...
Stock dispute led to Music Zone axe, says administrator.
Magazine article from: Music Week February 3, 2007 700+ words
Music Zone administrator Deloitte has blamed...buyers - including a team led by Music Zone managing director Steve Oliver - to take over the business. However...decision will mean the end of the Music Zone name and it looks unlikely that...
BRIEF ENCOUNTER: Steve Oliver.
Magazine article from: Music Week November 24, 2007 700+ words
...fingers burned with Music Zone, the national...managing director Steve Oliver is back with a...Magpie, alongside Music Zone's former IT and...and-butter Music Zone town lacking a...ENCOUNTER CV Name: Steve Oliver Job: Managing...
Management takes over at Music Zone.
News wire article from: Europe Intelligence Wire March 25, 2005 700+ words
...DJ who started Music Zone 20 years ago on...managing director Steve Oliver, supported by...Bank of Ireland. Music Zone is gearing up for...The Works joins Music Zone as non-executive...board consists of: Steve Oliver (managing director...
Music Zone beats the festive blues.
News wire article from: Europe Intelligence Wire January 8, 2005 700+ words
...season. His company, Music Zone, bucked market predictions...managing director Steve Oliver said that December 23...down as a proud day in Music Zone's history. He commented...month," Eren said. Music Zone has experienced massive...
Music Zone sees 31 stores close but search for a buyer goes on.
News wire article from: Europe Intelligence Wire January 17, 2007 700+ words
...achieve a positive result for Music Zone." Stockport-based Music Zone was founded by Russ Grainger...current managing director Steve Oliver in March 2005. The move was...yesterday's announcement, Music Zone has seven stores left in Yorkshire...
Music Zone in bid to woo Caroline.
News wire article from: Europe Intelligence Wire June 6, 2005 700+ words
...entertainment retailer like Music Zone. Spirit "I know they...thriving retail chain." Music Zone, which currently has...GBP12m. Managing director Steve Oliver plans to boost sales...number of stores to 100. Music Zone, which currently employs...
For more facts and information, see all results
©2009 Gale, a part of Cengage Learning. All rights reserved.
About us | FAQs | Contact us | Privacy policy | Terms and conditions
Other Gale sites: Encyclopedia.com | HighBeam Research | Acquire Content | Books & Authors | Goliath | MovieRetriever | Smart QandA