You are deluded! Tower Records was mismanaged, and a victim of greed. Not only from within, but from the record companies as well. The record companies thought that they could continue to command $18 for a new CD, even as the business was being stolen out from under their noses. And in turn, Tower continued to charge the record labels exorbitant prices for stock positioning, and advertising as their customer base disappeared. Another huge drain on Tower's resources was it's constant expansion. With each new store costing $10 mil to open, they continued to expand even as they struggled to pay their bills. It had nothing to do with an available lack of new musical talent.
man do I miss Tower records and
Man Do I miss Tower records and most of all their Annex. I would have dinner and after take a walk to their annex where there were thousands of Lps and Cd cutouts, and just so much more for the eyes and ears. I would stay there for hours until closing around 11pm finding so much, and now it's just an empty store. Anyone in NYC know of a place that is open much later then usual or should I just realize that does days are now over.
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- 43 posts total
- 43 posts total