what happened to Tower Records?

Question

omg all the albums r on sale!

Answer 1

They are Bankrupt and going out of business.

Answer 2

your answer >>>


Tower Records in the United Kingdom


Originally Tower Records was just a London-based concern, with the store at 1 Piccadilly Circus being joined by a couple of smaller outlets (for example Kensington High Street). However by the start of the 1990s the chain had grown to encompass a number of other stores, with large entertainment stores also selling movies, books, magazines and games in Birmingham and Glasgow, as well as a number of smaller stores that had been purchased from rival American retailer Sam Goody when it had left the UK marketplace (for example of this express format - Weston-Super-Mare).

However with tough trading conditions in the UK market, as well as the company's trouble in the States, the firm followed Sam Goody in retreating from the UK market. The London stores in Piccadilly and Kensington were sold to Virgin Group, who for a while traded under the Tower brand at the former site until the store could be fully refurbished, while the other stores were closed.

Answer 3

The music industry did this to themselves. Charging 20 bucks for a music CD is outrageous. It will only get worse. I have bought three CDs over the course ofg the past 2 years. That's it. and do not feel the least bit guilty about downloading music now.

the same will happen to the movie industry, paying stars like mel gibson and tom cruise tens of millions for one movie. ridiculous.

Answer 4

Bankrupt.

Answer 5

It was auctioned off.

Answer 6

http://digg.com/tech_news/Who_killed_Tower_Records_The_Internet