Virgin Megastores to close

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Kevin Roderick • March 2 2009 12:41 PM

Virgin Megastores' five remaining retail stores will close by this summer, individuals inside the company told TheWrap today. The site says that Virgin Entertainment Group CEO Simon Wright announced the mass closures to employees at Virgin's corporate offices in Los Angeles late on Friday.

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Book on the Lady in Gold

George Clooney is just a Valley guy

11:31 AM Fri | The actor gives CBS' "Person to Person" a tour of his Studio City home of 20 years. He moved to Los Angeles almost ten years before; his dad Nick Clooney...

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Go to Kevin's blog

California coffers not filling up that quickly

12:26 PM Fri | One more reminder of how unpredictable these tax receipts can be.

11:53 AM Fri | Is the McMansion craze fading?

8:52 AM Fri | Dirty little secret: Fans care a lot more than players

Go to Mark's blog