Tower Records is ending. After over 40 years of selling music and being a force in the retailer industry, the once-mighty Tower name is over.
Living in Sacramento, where Tower originated, this is especially a hard-hit. I work right next to the original Tower Records on Watt Avenue. And when they close it, the area there will look like a wasteland. Thousands of people will lose their jobs. I've seen the same employees in that Tower for years, and it's hard for me to believe that the day of the music store is done.
In 1996, Tower made $1 billion worldwide. 10 years later, Target, Wal-Mart and the internet has killed off Tower, Wherehouse, and many other record stores. Any thoughts?