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Hot Topic

Company nameHot Topic, Inc.
Company typePublic
Founded1988 by Orv Madden
HeadquartersIndustry, California
No. of locations642 (April 2011)
Key peopleLisa Harper, CEO (2011-present); Betsy McLaughlin, CEO (2000-2011); Bruce Quinell, Chairman of the Board
Productsclothing, accessories, music
Revenue(+) US$761 Million (FY 2009)
Operating income(+) US$32.5 Million (FY 2009)
Net income(+) US$19.7 Million (FY 2009)
Total assets(+) US$371 Million (FY 2009)
Total equity(+) US$258 Million (FY 2009)

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Hot Topic is an American retail chain specializing in music and pop culture-related clothing and accessories, as well as licensed music on CD. The majority of the stores are located in regional shopping malls. The first Hot Topic store was opened in 1988 by Orv Madden, who retired as CEO in 2000 and was replaced by Betsy McLaughlin, who helmed the company until 2011. Lisa Harper assumed the position of CEO in March 2011. The company went public and began trading on NASDAQ in 1996. In 2006, Hot Topic was placed 53rd on Fortune 500's Top Companies to Work For list.

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