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Thursday, January 15, 2009

Trailer For T.I.'s "Road To Redemption"


Looks good. Premiers February 10, 10:00 ET.

Other News...

New York Virgin Megastore Closing!!!


The retailing of recorded music will take another step toward extinction in early April, when the Virgin Megastore in Times Square closes to make room for Forever 21, a popular chain that sells moderately priced clothing.

Stores that sell prerecorded CDs and DVDs have been done in by the popularity of digitized music that can be downloaded from the Internet onto iPods and MP3 players. But Mr. Wright said that the Times Square store, which has about 60,000 square feet of selling space, is not simply a victim of technological progress.

It has remained “very, very profitable” by shifting its merchandise toward apparel and electronics, including iPods, he said, adding that those two categories accounted for about 25 percent of sales during the holiday shopping season.

“Stores that rely completely on recorded music have a difficult future,” he said, “but we’ve been changing our business quite dramatically.”

But the chain’s owners, two big New York-based real estate development companies, saw greater potential in leasing the prime space to Forever 21.

I've been to New York a few times, and always hit up Virgin with my Pops....damn shame.

Via: New York Times

1 comment:

  1. yeah that shit sucks. the union square one better stay the fuck open. it takes NYU campus cash....

    ReplyDelete