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Virgin Megastores

Virgin Megastores

Type	Private
Founded	Oxford Street, London (1971)
Founder(s)	Sir Richard Branson
Headquarters	Various
Area served	Worldwide
Industry	Retail
Products	Books Consoles DVDs Games Magazines Music T-Shirts
Parent	Related Companies/Vornado Realty Trust (USA) Butler Capital Partners (France/International) Sanity (Australia)
Website	Virgin Megastores International portal Virgin Megastores US

Virgin Megastores is an international chain of record shops, founded by Sir Richard Branson on London's Oxford Street in January or February 1971 (exact date uncertain).[1] Virgin Megastores are best described today as entertainment retailers.

In 1979 the company opened their first Megastore at the end of Oxford Street and Tottenham Court Road.[2] The company expanded to hundreds of stores worldwide in the 1990s, but has lost a large number of stores in recent years, largely with the sale (and eventual closing) of the UK and US stores. Current operations are mainly in France, Australia and the Middle East, consisting of over 100 stores.

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