Vinyl, Cassettes & Retail

Tower To Be Liquidated

Tower_13After what was reportedly an intense 30 hour auction, venerable music retailer Tower Records will be liquidated.  Liquidators Great American beat music retailer Trans World by $500,000 paying $134.4 million for the rights to sell off the inventory.  Trans World had hoped to keep at least some of Tower’s stores open.

Make room on your shelves…the inventory sell-off will begin almost immediately and last about six weeks. 

More: LA Times, AP

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