Tower Records To Be Liquidated starting 10/7

A perfect example of a business pricing themselves out of existance, especially in the computer age with real competition.

Personally, I couldn't give a fly's ass about Tower. With that said, I do not at all like the concept of buying MP3s and am concerned about the future of a walk-in music store of any company. Sure, it's great to get them online but there is also a special delight in spending a lazy afternoon in a store where you can wander the aisles stumbling across so many different selections that you eventually have to pick and choose.
i can tell you that the alexandria store is definately sold to the liquidation company
Originally posted by Surly Bonds:
When will it affect the online tower records?

http://www.towerrecords.com
There is a chance Tower Records could live on via Tower.com. Norton LLC, part of the Great American consortium, put up $3.8 million to acquire Tower.com and Pulse Magazine. - from the article posted above. Probably won't be seeing any discounted prices online.
The latest from the Penn. Ave. store:

(% off the lowest ticketed price):

CDs/Candy/Action Figures: 10%
Books: 20%
Magazines: 30%
Originally posted by terry:
The latest from the Penn. Ave. store:

(% off the lowest ticketed price):

CDs/Candy/Action Figures: 10%
Books: 20%
Magazines: 30%
>>> This is the same deal for the Fairfax store……I live 10 minutes away and will be checking it out every few days…….they said to look for the cd's & DVD's to jump 10% every week…..we'll see…..I know an employee over at the store who told me that they were told 8-10 weeks to complete every thing at the latest….
Originally posted by Dr. Jonas Sulk:
Originally posted by terry:
The latest from the Penn. Ave. store:

(% off the lowest ticketed price):

CDs/Candy/Action Figures: 10%
Books: 20%
Magazines: 30%
>>> This is the same deal for the Fairfax store……I live 10 minutes away and will be checking it out every few days…….they said to look for the cd's & DVD's to jump 10% every week…..we'll see…..I know an employee over at the store who told me that they were told 8-10 weeks to complete every thing at the latest….
Yeah, don't go looking yet for Annapolis discounts. They had to sell that inventory fast because their lease was expiring.
I stopped in the Fairfax location today to find the new Lemonheads CD priced at 18.99. At 10% off thats still like… Way to much for a 34 minute CD. The main reason i went in was to get tickets to see the Twilight Singers @ the Black Cat, but the ticketmaster is shut down… So it was a pretty big waste of time. Fuck 'em.
Originally posted by DriveWay:
I stopped in the Fairfax location today to find the new Lemonheads CD priced at 18.99. At 10% off thats still like… Way to much for a 34 minute CD. The main reason i went in was to get tickets to see the Twilight Singers @ the Black Cat, but the ticketmaster is shut down… So it was a pretty big waste of time. Fuck 'em.
Check this out from Amazon:

The Lemonheads by The Lemonheads (Audio CD - 2006)

Buy new: $17.98 $13.99 In Stock
Used & new from $7.78


Looks to me like Tower's off is a misprint and more like an up considering that the $17.98 figure is list price. By the time you figure Tower's with tax vs Amazon's with shipping, you'll probably weigh in at about the same with maybe Amazon beating Tower by about 10%. (No, I did not run the figures.) Hell, go for the new and used and you are sure to get the better deal!

Crap, paying $18.99 (with or without the 10%) for an import is one thing but for a new domestic release, that's just ridiculous! So much for that law suit a few years ago concerning the over pricing of CDs! The labels still just don't get it while they continue to blame the downloaders or anyone else they decide to pick on. I know they have overhead but drop their prices a little and they are sure to move more product, especially at a time when so many people are cutting discretionary spending due to necessities going up so much.
are these discounts final? or are we going to see 40% off cds at some point? WTF is 10% off a $14.99 cd…
I'm sure the 40% will come. Just be patient!

Originally posted by definitivedoodle:
are these discounts final? or are we going to see 40% off cds at some point? WTF is 10% off a $14.99 cd…
Originally posted by definitivedoodle:
are these discounts final? or are we going to see 40% off cds at some point? WTF is 10% off a $14.99 cd…
When I went at lunch 2 days ago, there was PLENTY of stock left. So I think everyone is waiting for the 40%.
Crap, paying $18.99 (with or without the 10%) for an import is one thing but for a new domestic release, that's just ridiculous!
I had an interesting conversation with the music buyer at Politics and Prose who are slowly but surely beefing up their CD selection….still tiny compared to a 'proper' CD store but not bad for what is primarily a bookstore.

Problem is most CDs are full list price….$17.98 and I was telling him that while I liked their selection there was no way I would ever pay $17.98 for a CD….he said they need to sell them at that to make any money which I doubt because Ollsons and Revolution routinely sold stuff for $13/14….although Revolution is out of business now so maybe that speaks for itself

95% of their clientele are rich boomers so they probably couldn't care less if a CD is $18….
Yes, I fully understand that the retailer must make a little money (and a lot in DC!) but my problem is on the label's end.

We've been through all this before and it always seems that $12 ends up being about the fair price that the consumer is willing to spend. The DIYers often do it for about $10-$12 but they don't have quite the overhead; however, they also don't have the advantage of bulk prices on their end for their needs.

Same old arguement and the same people end up losing out when these prices are too damned high. Even though the better off professionals couldn't care less about how much they pay, it's the rest of us whom they need to factor into their equation if they all want to stay afloat; otherwise, we all lose out in the end for a few extra dollars that lasts for only so long.

I still firmly believe that any retail music store in the DC area now needs to supplement their income by combining as both a music store and something else. It's sort of innovative but definitely doable with the right combination of creative and business minded owners.
yeah, such low discount. Borders regugarly issues 20% off coupons off any single item. troll around on dealnews.com to find them. This tower thing is hardly a steal.
15% off at Foggy Bottom yesterday…zzzz…somebody please let us know when it's up to 40-50%!
anyone know what the discount is this week? if any?
just popped into the one in fairlakes..its still 15%
I think I read somewhere that the liquidation would be taking place "throughout the holiday season." So it may be awhile until the true bargains.