Forum - View topicNEWS: Musicland to Ask for Financial Relief from Vendors
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JJR
Posts: 12 Location: Omaha, NE |
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Suncoast worked the ADV booth at Expo in 2005. They however did work with Funimation at Anime Central and I presume a few other conventions in the year. (I only attended ACen and AX last year due to family commitments) |
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Lady Tygry
 Posts: 8 |
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Ingram was the distributor for nearly ALL of Media Play's books, not just the manga. Shortly after liquidation began, all of the books were not permitted to be sold at discount rates as Ingram was taking them back. I haven't been to the store since this happened but I would imagine it would be a depressing sight to behold. Also, keep in mind that Musicland is owned by Sun Capital, a private firm that had control over the entire ordeal. Media Play (if not all of the Musicland sublets) was given to Sun Capital. Its fate was sealed long before the news hit. KD |
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cordinator
Posts: 3 Location: nanuet |
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ok everyone inside info here....
media play was the part of the company that was bringing the company down that's why they sold off the company also Sam goodie is also in trouble being that its so easy to pirate music and stuff, suncoast was the part of the business that makes money here's what's going to happen they'll close a lot of stores on both sides and then rebuild also FYI back in 97 before best buy bought music land, music land asked for a lean on the distributes and they complied (for those of you still reading a lean is when the shipping company's ask for less money on there products, which means that music land is trying it again) also we are looking for a new distributor for are manga as we speak I say within the next 3 weeks we will have a new one, also in most stores special orders are down ( this means if you special ordered something the turn around is 3-5 weeks) |
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Whearn9999
Posts: 211 Location: Texas City TX |
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OK, that part about the long turn-around for special orders makes sense. This morning I went to Suncoast to exchange my Macross vol 1+box because the 2nd DVD had come loose and was all scratched to hell. The clerk set up an order for a replacement & in the past, I was always told "next Tuesday". Today he said 7-14 days. I didn't say anything but thought to myself, "how strange". Now it makes sense. That Suncoast I frequent always seems busy, and I dropped some major coin there last year so I hope it is one that is spared. |
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tlsmith1963
Posts: 100 |
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*This* is why my local Suncoast took all the manga out. They said that it had something to do with the vendors. They also said that it was temporary. We'll see.
Tammy |
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tlsmith1963
Posts: 100 |
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They sell manga too, or at least my local Suncoast did before the bankruptcy thing. Now, they don't. Tammy |
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tlsmith1963
Posts: 100 |
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My Eva Platinum had a missing disc, & it took Suncoast that long to get me a replacement set. Now, I know why. Tammy |
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Coral Skipper
Posts: 223 |
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I'd imagine part of the problem is all of the action figures they sell. Now I love them and collect them, but they always seem to marked down at least 25% because they just don't sell. If this were a big box store where they could afford a consistant loss in an effort to bring costumers in that would not be such a big deal. Unfortunatly its a mall based store and the loss has to have at least some significane on the bottom line.
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angieness
Posts: 162 Location: Columbus, OH |
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I also work at Suncoast and was pretty upset to see our manga section disappear. Best Buy did own us for a while and according to my boss, they tried to kill us off, which is where part of our debt came from. We're also having issues getting our drinks and candy, there's some payment issues with Pepsi in our store so we're trying to get Coke. I'm hoping that since Media Play is gone (which was about 80% of our debt according to my district manager) Sam Goody and Suncoast can improve
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cordinator
Posts: 3 Location: nanuet |
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ya one of the ways best buy tried killing us was by having the warehouse send us a box that would have 30 pieces instead of 60 also action figures sell pretty good in my store also just fyi every month there's another sale like in my district its buy 2 get the 3rd free any action figure and there is another were any clearance figure you get an additional 50 percent off we actually have customers who come in every Friday ( when we get our shipments) and they will buy almost all the figures they can get |
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Jiyu
Posts: 3 |
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Like a few people who've replied, I too work for Musicland. I work at a Suncoast and have for almost 6 years. Anime was actually the reason I was hired. No one before me knew anime and were frightened of the otaku that would come in.
Ever since Best Buy bought us and the crappiness that ensued in their rule, I have been waiting for the company to go belly-up... somewhere in my store I'm sure someone has come in and stenciled S.S. Titanic... so help me I will find it. Best Buy was the worst thing to ever happen to the company. They took all the fun out of working there. **sigh** I miss the good 'ol days. Sun Capital Inc. was the next company to acquire Musicland... they took us from Best Buy with no exchange of money but only the condition that Sun Capital would assume possession of all of Music Land's debts. IMHO, Sun Capital has done the best they could with what they had. Quite frankly I'm amazed that they are still fighting to restructure the company. However, there are a few things that they could do to help themselves out. 1. Stop hiring "Secret Shoppers"-it's a waste because any back-water hick with an internet connection can become one... and they don't take it seriously. 2. Stop making our stupid trailer discs... no one pays any attention to them and it's also a waste of finances. Let us go back to opening movies we know that people will notice... we always sold at least one copy of whatever movie we had playing. 3. Don't figure magazine profits into our budget when it's not a certainty that people will sign up for them at the counter.  Sorry for all that, just needed to rant... 
FYI to all Musicland customers... with the exception of Media Play stores... we have no advance warning of whether or not our store is scheduled to close. Case in point... our Sam Goody, which was located just up the hall from my Suncoast closed with no warning last week. Their DM came in one night and told them that they were through. I can tell you that most store closings are coinciding with stores that have expiring leases. |
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britannicamoore
 Posts: 2618 Location: Out. |
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to me it seems rather stupid. Why sell with the lower dvd prices- and keep the store that sells the higher priced dvds? Besides that- Media Play carried pretty much everything- books, movies, and some elctronic equipment.
I understand they are losing money- but in my area Meida Play always seemed more crowded with consumers than the Suncoast. |
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darkhunter
 Posts: 2992 Location: Los Angelas |
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Suncoast returning all their manga inventory is pretty big news since there is a lot of people that buy manga from there. |
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RedComet
 Posts: 227 Location: Virginia |
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So is there anyway we can check what Suncoasts are going to close? |
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Advent_Nebula
Posts: 932 Location: Colorado |
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Check your local Suncoast. |
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