It was with some sadness and nostalgia that we read that Tower Records (and Video) was finally going out of business. The company, which started as a record department in a Sacramento drugstore, was sold to a liquidator on October 6th. There is no final date announced, but it’s coming...soon.

Alas, Amazon’s low prices for physical CDs and Apple’s iTunes did Tower in. Here’s an example of a bricks and mortar store totally unable to see the digital business coming. Could they have taken advantage of the Tower brand and made headway as an online presence ahead of the more nimble cyber-competition? We’ll never know.
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