Headquarters. . Not all of his promotions were music-related. The code attached to one had 1499 in their product code with a new $15.99 price on it(yes,on a 13.98 MLP item). Fax: (860) 257-2168 hisey, peter. Company Profiles for Students. He also managed to undercut his competition: One 1962 advertisement offered three LPs for $7.99 compared to a $13 price tag, or $4.49 per record, at Goodys competitors (in todays money, that would be a savings of $45 dollars, or $15 per LP). . In 1978, Goody sold all of his stores to the American Can Company, which owned another mall-centric music store that was one of Goodys biggest competitors: Musicland. Zippia gives an in-depth look into the details of Sam Goody, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Sam Goody. Ownership: Sam Goody is a wholly owned subsidiary of Musicland Stores Corporation, a publicly owned company traded on the New York Stock Exchange. & CFO, 1997 salary $323,146, bonus $388,308, Employees: 5,800 full-time, 9,600 part-time, 1,000 temporary (1998). Then, copy and paste the text into your bibliography or works cited list. So why did he cut the whole thing loose for just $5.5 million in 1978? Some may have been lost due to mergers, while others were affected by a phenomenon of large store closings in the 2010s known as the retail apocalypse. The suit alleged that more than 100,000 illegal tapes had been sold at Sam Goody stores, resulting in lost revenue of more than $1 million for artists like Olivia Newton-John, Paul McCartney, Billy Joel, and Paul Simon. Box 2821 Evansville, Indiana 47711 //