Handleman Company - HDL- Profile

Handleman Company. The Group's principal activity is to provide category management services and distribute pre-recorded music. The Group operates in two segments: Category Management and Distribution Operations segment and Video Game Operations segment. The Category Management and Distribution Operations segment provides a broad assortment of prerecorded music titles to optimize sales and inventory productivity in leading retail stores in the United States, United Kingdom and Canada. Video Game Operations segment purchases video game software, hardware and accessories from first and third party hardware and software manufacturers, which support all Sony, Nintendo and Microsoft video game platforms. It operates in the United States, the United Kingdom, Brazil, Argentina and Canada. On 24-Jun-2005, the Group acquired REPS LLC and Crave Entertainment Group, Inc on 22-Nov-2005. Category Management and Distribution Operations accounted for 93% of 2006 fiscal revenues and Video Game Operations, 7%