Tower Records Bankrupt

Written by Casper
Published February 09, 2004

It seems that Tower Records has declared bankruptcy. This isn't all that surprising; CDs and DVDs are uniquely well suited for sale on the web. They're small, easy to ship, and you get exactly what you expect (unlike, say, a car).

Thanks to Tyler for the tip.

Keep reading for information and comments on this article, and add some feedback of your own!
Tower Records Bankrupt
Published: February 09, 2004
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Section: Music
Filed Under: Music: Business, Music: News
Writer: Casper
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Comments

#1 — February 9, 2004 @ 12:41PM — Tom Johnson [URL]

Not to mention that you can save a bundle ordering online - Tower's retail prices are ridiculously high on most items. I love Tower for the selection, but the price turns me off in all but a very few instances. Once in a while I'll stumble on some gotta-have-it item, but usually I'm more than willing to wait a few days to save $5 or more dollars.

#2 — February 9, 2004 @ 12:43PM — Mark Saleski [URL]

forget online...there's a tower records in burlington, ma that's a 1 minute walk from a newbury comics....tower's prices were consistently $2-4 higher.

just plain stupid.

#3 — February 9, 2004 @ 14:35PM — TDavid [URL]

The few times I visited Tower Records in Tacoma I concur with other comments here. They were too expensive and their selection wasn't as good as some of the used CD stores that we've been to. It's one thing to be expensive and have more rare selection, but to be expensive with the same CDs that retail outlets are selling as much 30-40%+ less?

Recipe for bankruptcy.

#4 — February 9, 2004 @ 14:39PM — JR

Well, I got "The Complete Jack Johnson Sessions" for $49 from Tower Online. And I got the remastered "Aja" CD for $5.99 (new).

Yeah, their regular prices suck, but they have some pretty good sales if you're willing to wait for them.

#5 — December 19, 2005 @ 21:41PM — tay tay

OK LETS NOT TALK ABOUT THE ELEPHANT IN THE ROOM... I RATHER DOWN LOAD THE MUSIC FOR FREE, OH NO! I MEANT FOR A FEE! THEN SCHLEP TO SOME 1980'S RETAIL STORE.

#6 — December 1, 2006 @ 15:31PM — Anax

Sure they have higher prices, they have store employees to pay... but they also have a choice and some rare items I would miss if they completely disappeared.

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