idolator.com - 1/14/2009
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Well, the day that we've all been expecting has been penciled into the calendar: The Times Square Virgin Megastore, the multi-floored music retail outpost which this writer has spent a lot of time/money in and which has in recent weeks hosted appearances by the likes of Fall Out Boy and ...
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The Times Square Virgin Megastore is closing, AC Newman playing Union Square, Record Store Day is coming
brooklynvegan —
... this coming April; not long after, a Forever 21 will open in its space. Some fun facts: Virgin has the highest volume of music sales in the US, and that location was "profitable to the tune of $6 million," but it was only paying $54/square foot in rent (as opposed to the $700/square foot that's market rate for the neighborhood.) Worrying about the Union Square outpost, Idolator speculates about how long we have "before Other Music becomes the retail powerhouse of New York City by default."" [ ...
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