Thursday, January 17, 2008
Virgin Megastore At Union Square To Close?
Rolling Stone reports that a realtor has announced the Virgin Megastore Union Square outlet will be available in 2009. Good God, is it possible that Virgin too will be disappearing from NYC? Since they've shut their LA, Chicago and Salt Lake City stores, it sure seems likely. They'll have the Times Square outlet -- which is always jammed with tourists. But for all practical purposes, music stores are literally disappearing from Manhattan. Gee, maybe one reason the music industry is in a slump is because record labels laughed while Wal_Mart and Best Buy sold CDs at a loss, driving music chains out of business. Now those megastores are reducing the already paltry space they devoted to Top 40 CDs and switching to DVDs. I'm running out of stores in Manhattan where I can even think of going to browse for CDs. Sigh.