Top Track 100

With the opening of its Megastore in London’s Oxford Street in 1971, Virgin became a mecca for music, with instore radio, listening posts and huge displays. That concept has been expanded to high streets all over Britain, and last year Virgin Retail, the firm behind Megastores, took over Tower Records’ operations in London’s Piccadilly Circus and Kensington High Street. The firm’s sales rose to £353m in the year to January 2003.

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Company details
ActivityEntertainment retailer
LocationWest London
Sales £m353
Profit £m-8
Year endFeb 03
Principal shareholdersVirgin Group (100%)

If applicable:

* Supplied by company † Annualised figure **Estimated