Virgin Megastores

Virgin Megastores
Company typePrivate
IndustryRetail
Founded1976; 48 years ago (1976) on Oxford Street in London, England
Founder(Sir) Richard Branson
Headquarters,
England
Number of locations
Various
Areas served
North Africa, Western Asia
ProductsBooks
Consoles
DVDs
Games
Magazines
Music
T-Shirts
Tickets
ParentVirgin Group
WebsiteVirgin Megastores International portal

Virgin Megastores is an international entertainment retailing chain, founded in early 1976 by Richard Branson as a record shop on London's Oxford Street.

In 1979 the company opened their first Megastore at the end of Oxford Street and Tottenham Court Road.[1] The company expanded to hundreds of stores worldwide in the 1990s, but lost a large number of stores during the 2010s, largely with the sale and eventual closing of the European, North American, Australian, Japanese and Chinese stores. By 2015, it operated only in the Middle East and in North Africa.[2]

  1. ^ "Who's Richard Branson". Virgin Group. Archived from the original on 6 April 2008. Retrieved 11 April 2008.
  2. ^ "Virgin Megastore: Music and entertainment stores around the world". Virgin.com. Retrieved 23 September 2012.