World’s Largest Music Store is Closing its Doors With Biggest Sale in Music Retail History

Virgin Megastore Times Square Offers Consumers Deep Discounts as it Prepares to Close its Doors Forever

NEW YORK, Feb. 17 /PRNewswire/ — Virgin Megastores announced today that it will mark the closing of its iconic Times Square store with the biggest sale in music retail history. The staff at the Times Square Virgin Megastore has been working around the clock to prepare for this major event, which will begin February 19, 2009.

“This sale will give our loyal shoppers one last chance to browse the world’s largest music store,” said Simon Wright, CEO, Virgin Entertainment Group. “We’ll be offering discount prices on items that might be difficult to find in the days to come, and we hope our customers have a lot of fun shopping this final sale.”

The Times Square Virgin Megastore opened its doors in April 1996 and has since become an American icon, providing the backdrop for numerous movies and commercials filmed in the tourist hot spot that is New York’s Times Square.

The store closing sale at the Times Square Virgin Megastore starts February 19, 2009.

ABOUT VIRGIN ENTERTAINMENT GROUP

Virgin Entertainment Group is the world’s leading multi-channel lifestyle entertainment retailer, providing customers with a range of superior entertainment experiences through a family of integrated Virgin-branded businesses. The “category killer” Virgin Megastores and Virgin Megastore Online at www.virginmega.com are integral parts of a strategy to provide entertainment customers with what they want, how they want it, and when they want it. For more information, or to check out the location of the nearest Virgin retail, go to www.VirginMega.com or http://www.VirginMegaMashup.com

SOURCE Virgin Entertainment Group