![]() Logo as of 2004 | |
![]() Chartbusters store in
Ranelagh, 2009 | |
Company type | Private limited company |
---|---|
Industry | Video rental |
Founded | 28 July 1993 |
Founder | Richard Murphy |
Defunct | 15 November 2010 |
Fate | Liquidation |
Number of locations | 16 (2010) |
Area served | Ireland |
Chartbusters was an Irish video rental chain founded by former Xtra-vision chief executive, Richard Murphy. [1]
Chartbusters was founded by Richard Murphy following his departure from Xtra-vision in 1990. [2] The company was registered on 28 July 1993 as Chartbusters Limited. [3] The chain rented out VHS/ DVDs and games. In addition to this, they also sold VHS/DVDs, computer games, cassettes and books. [4]
The first store that opened was in Blanchardstown followed by the second in Tallaght, both of which were classed as superstores and were reported to be generating £6,500 to £7,000 per week in 1994. [5] [6] In 2003, stores began to offer stand tanning under the company's tan.ie branding in the outlets. [7] [8] At the height of their popularity, in 2004, the chain had 52 stores across Ireland. [9] By 2009, there were 44 stores open. [10]
On 21 January 2011, a fire broke out in the vacant Chartbusters store in Stillorgan resulting in the adjacent restaurant and Mill House pub to be evacuated. [11] [12]
In 2009, Chartbusters' debts mounted to €20 million and they declared that they had gone bust, later going into examinership. [13] [14] The company made an announcement that they were to cease trading on 29 October 2010 with the loss of 87 jobs. [15] [16] [17] The petition for winding up was struck out on 15 November 2010. [18]
![]() Logo as of 2004 | |
![]() Chartbusters store in
Ranelagh, 2009 | |
Company type | Private limited company |
---|---|
Industry | Video rental |
Founded | 28 July 1993 |
Founder | Richard Murphy |
Defunct | 15 November 2010 |
Fate | Liquidation |
Number of locations | 16 (2010) |
Area served | Ireland |
Chartbusters was an Irish video rental chain founded by former Xtra-vision chief executive, Richard Murphy. [1]
Chartbusters was founded by Richard Murphy following his departure from Xtra-vision in 1990. [2] The company was registered on 28 July 1993 as Chartbusters Limited. [3] The chain rented out VHS/ DVDs and games. In addition to this, they also sold VHS/DVDs, computer games, cassettes and books. [4]
The first store that opened was in Blanchardstown followed by the second in Tallaght, both of which were classed as superstores and were reported to be generating £6,500 to £7,000 per week in 1994. [5] [6] In 2003, stores began to offer stand tanning under the company's tan.ie branding in the outlets. [7] [8] At the height of their popularity, in 2004, the chain had 52 stores across Ireland. [9] By 2009, there were 44 stores open. [10]
On 21 January 2011, a fire broke out in the vacant Chartbusters store in Stillorgan resulting in the adjacent restaurant and Mill House pub to be evacuated. [11] [12]
In 2009, Chartbusters' debts mounted to €20 million and they declared that they had gone bust, later going into examinership. [13] [14] The company made an announcement that they were to cease trading on 29 October 2010 with the loss of 87 jobs. [15] [16] [17] The petition for winding up was struck out on 15 November 2010. [18]