Posted in music on March 1, 2009
Circuit City / Virgin (pic via Racked)
"And then there were three.Circuit City, right next door, is going out of business too.
The Virgin Megastore music chain will close its Union Square location in New York City at the end of May and its Market Street store in San Francisco at the end of April, sources say. The company previously announced that its Times Square store would close in April.
In August 2007, the Virgin Entertainment Group North America was acquired by two real estate companies -- the Related Cos. and Vornado. Since then, the chain has been reduced from 11 units -- with the industry awaiting word of the fate of the three remaining stores in Denver, Los Angeles, and Orlando"
[MSNBC/Billboard/Reuters] (thx rob & liz)