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Tim wrote:
On May 21, 3:11 pm, wrote: On Mon, 21 May 2012 12:17:15 -0400, X ` Man wrote: Far better than being "Bain Capitaled" out of business with the workers on the street. === Yes, it's very important to try and put some sort of political spin on this story. The demise of record stores is sad in a way but inevitable. Electronic distribution is the wave of the future and if the record companies had been a little smarter about embracing that change instead of fighting it, they would surely have managed the transition a little more smoothly and maybe made some money from it. One of the biggest record chains in our old area was Tower Records. Tower was one of the first to stock a lot of CDs and in the beginning was a good place to shop. Things went downhill rapidly after that however, even before the advent of MP3s. The quality and quantity of their sales staff and CD displays became atrociously bad. I've heard that CD's will be going the way of the cassette in the near future due to downloads. These small stores, like book stores, have to apply the "adapt or die" theory in a marketplace evolving into the electronic age. Barnes and Noble saw it coming and developed their Nook reader while Borders withered away. B&N still has their work cut out for them but they can always look for other, consumable, products to sell. The music stores could branch out into musical instruments, or another related category the Best Buys of the world won't play with. |
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