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National Record Mart Inc company history timeline

1941

By 1941, the Shapiros had begun marketing new records in its original store as well as in two new stores, all three of which were renamed National Record Mart.

1981

Teitelbaum’s first attempt into the music industry in 1981 had failed.

1986

The music-store chain had grown to 76 stores by 1986, when the Shapiro brothers were ready to retire.

1998

In 1998, Teitelbaum confirmed that Cerberus Partners, Ltd., the New York Investment branch of a Bahamas-based company that owned the majority of Wherehouse, had purchased about 134,000 shares—more than three percent—of NRM’s stock.

NRM entered into the online music business in 1998 when it launched two Web sites: http://www. wavesmusic.com and http://www. nrmmusic.com.

1999

“National Record Mart Inks Deal with World Wrestling Federation to be Exclusive Music Retailer for ‘wwf.com.’ “PR Newswire, April 13, 1999.

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Carnegie, PA
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