J&R Music World Closing

[Pardus]

At its peak, J&R was said to be doing $350 million to $400 million a year, while its record store and mail order were doing about $20 million a year. In fact, J&R was the only independent music superstore going toe-to-toe when Tower Records, HMV, Virgin Megastore, Sam Goody and Trans World made New York City a music superstore haven. Counting J&R and stores from those chains, there were 10 superstores in NYC, ranging from 12,000 square feet to 50,000, during the 1990's.

It turned out to be the last music superstore standing and if the company is true to its word, it will rise like a Phoenix once again, although the question of whether they will still carry CDs and vinyl may very well be decided by whether record labels are still issuing music in those formats when the day comes that the store reopens.[/QUOTE]

 

[darkswordsman17]

WTF kind of shitass article is that? They're closing to renovate. I doubt them offering CDs and/or vinyl will be dependent on them still being offered unless its going to take them 10-20 years to reopen.

Is this just the physical store space? Does this include their website? Just looked and the website just says "J&R Retail Store is Closed for Park Row Redevelopment" so I doubt they'll be closed for too awfully long (a few months, maybe a year depending on what they're actually doing).

And "social mecca"? Are they just going to build a Starbucks and Apple Store in a single location?

 

[techs]

Based on the OP's thread title I would say its the end of an error.