Tower Records to Close Its Doors

Published: 2006-10-13
Tower Records used to be a major player in the retail music scene. Now, the chain that boasts 89 stores across the US is closing its doors.

The famous store began in the 1940s when Russ Solomon began selling records in his father's drugstore. Solomon went on to open the first Tower Records in 1960. Tower Records expanded across the US with the most famous location popping up on Sunset Boulevard in Los Angeles. The chain flourished until the mid-1990s with the emergence of online music and big-box stores.

Great American Group purchased the chain earlier this year with plans to close and going-out-of-business sales are already underway. That means that Tower Records' 3,000 employees are our of a job

According to the Associated Press, Tower's founder, Solomon, said in an e-mail to employees, "The fat lady has sung. ... She was off-key. Thank You, Thank You, Thank You."


Writer: Meghan Wubs

   

 

Fatal error: Call to undefined function session_is_registered() in /home2/soulshi/public_html/news/newsarticle.php on line 513
Please login / register to post a personalized comment, or you may simply post as an Anonymous user.
SPEAK OUT! Post your comments about this article here.