Tower Records Files for Bankruptcy

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Sale starts today. Anyone know what kind of discounts they're starting with?

― Johnathan Redgers (Pearl Hooch), Saturday, 7 October 2006 17:02 (seventeen years ago) link

10% off in harvard square, cambridge MA today. Expect that'll go bigger.

― caspar (caspar), Saturday, 7 October 2006 22:31 (seventeen years ago) link

10% here (northern cali) too.

we should keep a watch on this thread

― HUNTA-V (vahid), Saturday, 7 October 2006 23:09 (seventeen years ago) link

Indeed so.

― Ned Raggett (Ned), Saturday, 7 October 2006 23:13 (seventeen years ago) link

email me when import electronica hits 50% off

― HUNTA-V (vahid), Saturday, 7 October 2006 23:19 (seventeen years ago) link

Sweet, assuming the one in Memphis is still open.

― The Bearnaise-Stain Bears (Rock Hardy), Saturday, 7 October 2006 23:36 (seventeen years ago) link

10% at Tower in Seattle/Lower Queen Anne... but the main steals are in the bargain bins.. lots of import CDs and CD singles for $2 each and up.

― 0xDOX0RNUTX0RX0RSDABITFIELDXOR^0xDEADBEEFDEADBEEF00001 (donut), Sunday, 8 October 2006 02:47 (seventeen years ago) link

Actually, I hadn't noticed this -- the reason for the liquidation is because FYE did *not* in fact make the winning bid.

― Ned Raggett (Ned), Sunday, 8 October 2006 05:07 (seventeen years ago) link

So no eating of the babies?

― 0xDOX0RNUTX0RX0RSDABITFIELDXOR^0xDEADBEEFDEADBEEF00001 (donut), Sunday, 8 October 2006 22:43 (seventeen years ago) link

Yea, 10 % off 18.99 list price cds ain't so great, but there are some cheaper ones. Books are 20 % off and magazines 30 % off I believe.

― curmudgeon (DC Steve), Monday, 9 October 2006 00:50 (seventeen years ago) link

Yeah, I was just gonna say, R.I.P. $18.99 CDs. And good riddance.

― A-ron Hubbard (Hurting), Monday, 9 October 2006 00:59 (seventeen years ago) link

10% per week is what i heard. sounds dubious.

― HUNTA-V (vahid), Monday, 9 October 2006 01:06 (seventeen years ago) link

10% off? I'm not going anywhere for 10% off!

― Bassment Jacks (Bimble...), Monday, 9 October 2006 01:18 (seventeen years ago) link

It's just like the Wherehouse's slow demise. I'll check in at the Costa Mesa store in a couple of weeks.

― Ned Raggett (Ned), Monday, 9 October 2006 01:20 (seventeen years ago) link

What record should be my final Tower purchase? I'm probably not gonna bother taking advantage of any kind of sale -- I've never been that kind of record-buyer.

First Tower purchases: Big Star, #1 Record/Radio City CD; Aaron Neville, Tell It Like It Is LP; the Nonesuch Javanese Court Gamelan LP.

― Michael Daddino (epicharmus), Monday, 9 October 2006 01:25 (seventeen years ago) link

Oh man, I should probably go back to the Roosevelt, NY store for the optimum full-circle experience.

― Michael Daddino (epicharmus), Monday, 9 October 2006 01:27 (seventeen years ago) link

Yeah! The Wherehouse! Man, they were there and all of a sudden they were gone! Where's the justice? *weeps at the thought of cheap CDs*

― Bassment Jacks (Bimble...), Monday, 9 October 2006 01:31 (seventeen years ago) link

I enjoyed ransacking a Sam Goody when they were about to go under - I actually managed to get Ta Det Lungt and Less Than Human for cheap.

― A-ron Hubbard (Hurting), Monday, 9 October 2006 02:05 (seventeen years ago) link

i was at the tower on market in SF today and i overheard a worker saying that they will continually reduce prices until it all sells and the target for the end is 6-8 weeks. (so, no new info to report)

the pricing in that store is bizarre too. recently i picked up a few of prince's back catalog titles for $10 at the same store and then today i had a dig through the clearance bins and there was little under $10 unless it was complete dreck. there were a few treats though, but nothing i didn't already have. (i saw the last villalobos album, the melchior productions double cd, the glimmers comp that opens with queen's "body language" and the first get physical mix cd all for $10.99. vinyl of the last royksopp for $9 which is a decent deal.)

how they justified selling moderately rare import stuff for $26 and up in the age of the internet is beyond me. virgin does this too and it's just insulting. maybe they're next.

― josh. (disco stu), Monday, 9 October 2006 02:43 (seventeen years ago) link

The only thing Tower did very well unlike others was classical and jazz. Until there are Amoeba's everywhere (which doesn't seem to be the plan in the short term), being able to walk in and view a gigantic selection of classical will be a thing of the past. :(

(Of course, it's these section I'll be vigiland about in the next month.)

― 0xDOX0RNUTX0RX0RSDABITFIELDXOR^0xDEADBEEFDEADBEEF00001 (donut), Monday, 9 October 2006 02:51 (seventeen years ago) link

i used to love the soundtrack room in the stores that had separate rooms for jazz/classical/soundtracks. i don't know how prevalent those stores were though.

― josh. (disco stu), Monday, 9 October 2006 02:59 (seventeen years ago) link

Yeah, actually the Broadway Tower did have quite a good jazz section for a while there, and they'd sometimes have reasonable deals on certain CDs.

― A-ron Hubbard (Hurting), Monday, 9 October 2006 03:13 (seventeen years ago) link

the only good shit left in the clearance bin at my local tower is a copy of "chicago boogie" (the classic house comp on eskimo) for about $10 and a copy of the lindstrom album on eskimo for $7.

my list for when it goes out of business: three tangerine dream reissues, two klaus schulze reissues, "cluster ii", "get physical vol 2" and the chelonis r jones album.

tower was PACKED full of people tonight, i was like WTF?!? people lining up to buy $16.99 albums for 10% off, yeah, it's fucking nuts! you can get shit cheaper at borders!

― HUNTA-V (vahid), Monday, 9 October 2006 03:24 (seventeen years ago) link

Some stuff will just stay for a bit, I'm patient -- those early rushers are just deluding themselves.

― Ned Raggett (Ned), Monday, 9 October 2006 03:28 (seventeen years ago) link

*crosses fingers*

― josh. (disco stu), Monday, 9 October 2006 03:33 (seventeen years ago) link

Vahid, where are you located again? which is your local Tower?

― Paul (scifisoul), Monday, 9 October 2006 03:34 (seventeen years ago) link

(And Paul, what's the story with you? Had you left already?)

― Ned Raggett (Ned), Monday, 9 October 2006 03:37 (seventeen years ago) link

shallow alto

― HUNTA-V (vahid), Monday, 9 October 2006 03:38 (seventeen years ago) link

waiting for official word. meanwhile looking forward to new horizons and my DJ guest spot on Wednesday. thoroughly enjoying no longer being a workaholic. looking back on my Tower years fondly - and I made it to 15 years!

― Paul (scifisoul), Monday, 9 October 2006 03:45 (seventeen years ago) link

Nice. :-) Now for phase 345452454 of your life. ;-)

― Ned Raggett (Ned), Monday, 9 October 2006 03:54 (seventeen years ago) link

We really need to lobby for Amoeba to take over one or both of the spaces Tower will leave openin Chicago. It kills me that there's two Amoebas in SF/Berkeley while Chicago, the third largest city and a thriving music community, doesn't have anything remotely close.

― Fastnbulbous (Fastnbulbous), Tuesday, 10 October 2006 16:44 (seventeen years ago) link

Uh no one else has anything remotely close!

― Alex in SF (Alex in SF), Tuesday, 10 October 2006 17:21 (seventeen years ago) link

Tower didn't seem to know that Amoeba existed. Or at least their strategy consultants didn't.

My chat with one of them...

― EComplex (EComplex), Wednesday, 11 October 2006 03:43 (seventeen years ago) link

um...i can tell you with some certainty: not gonna happen.

― something less threatening (heywood), Wednesday, 11 October 2006 04:08 (seventeen years ago) link

xpost fastnbulbous

― something less threatening (heywood), Wednesday, 11 October 2006 04:09 (seventeen years ago) link

Yeah, Amoeba in California is pretty distinct.

This is like having Border's close nationwide if it ever went through dire straits, and then lamenting that Powell's in Portland somehow owes someone in a bigger city another Powell's.

― 0xDOX0RNUTX0RX0RSDABITFIELDXOR^0xDEADBEEFDEADBEEF00001 (donut), Wednesday, 11 October 2006 04:14 (seventeen years ago) link

Borders is the correct comparison. Before the bookstore was purchased by K-Mart in the 90s, there were only a few scattered around, and they were amazing bookstores. Like the flagship Towers, the Pre-K Borders had an astonishing number of titles in stock. They were great stores.

― EComplex (EComplex), Wednesday, 11 October 2006 12:30 (seventeen years ago) link

what's the sale at right now? still 10%?

― HUNTA-V (vahid), Saturday, 21 October 2006 00:57 (seventeen years ago) link

the website shows anywhere from 15-25% off and yet it still is just knocking shit down to a normal price. ridiculous

― am0n (am0n), Saturday, 21 October 2006 01:09 (seventeen years ago) link

lol

Greatest Hits: Back To The Start
Megadeth

List: ~~$18.99~~

$15.99

Save: $3.00 (15%)

― am0n (am0n), Saturday, 21 October 2006 01:11 (seventeen years ago) link

Hence bankruptcy.

― A-ron Hubbard (Hurting), Saturday, 21 October 2006 01:12 (seventeen years ago) link

Tower Sells...But Who's Buying?

― am0n (am0n), Saturday, 21 October 2006 01:14 (seventeen years ago) link

tower was PACKED full of people tonight, i was like WTF?!? people lining up to buy $16.99 albums for 10% off, yeah, it's fucking nuts! you can get shit cheaper at borders!

-- HUNTA-V (vfoz...), October 9th, 2006.

Borders has drastically reduced its music stock over the past year-and will continue to do so, according to its CEO, only focusing on carrying big new releases.

― ramon fernandez (ramon fernandez), Saturday, 21 October 2006 01:34 (seventeen years ago) link

This is like having Border's close nationwide if it ever went through dire straits, and then lamenting that Powell's in Portland somehow owes someone in a bigger city another Powell's.

That's a dumb analogy. I never said anyone owes anyone. My point is simply Chicago is an untapped market. On a side note, while Powell's is associated with Portland, the first Powell's was opened in Chicago in Hyde Park. And the one on Lincoln is just great.

um...i can tell you with some certainty: not gonna happen

Why? I can see why a California based indie chain would not be interested in expanding halfway across the country. But that doesn't mean someone else couldn't do it based on their business model.

― Fastnbulbous (Fastnbulbous), Saturday, 21 October 2006 14:33 (seventeen years ago) link

the website shows anywhere from 15-25% off and yet it still is just knocking shit down to a normal price. ridiculous

Ridiculous -- even the Wherehouse clearances were handled better.

― Ned Raggett (Ned), Saturday, 21 October 2006 15:05 (seventeen years ago) link

If these fools keeping buying at 20% off, it will never get down to 40%.

― R_S (RSLaRue), Saturday, 21 October 2006 16:15 (seventeen years ago) link

there were a few really good finds in the crate with previously listened to cds. i got the glove reissue and the new hot chip for three dollars total.

― jonathan - stl (jonathan - stl), Saturday, 21 October 2006 19:42 (seventeen years ago) link

I did used to enjoy doing the Tower - Tower Outlet - Other Music triple play back in the day. Tower Outlet hasn't even been there (the Lafayette St. location) for a while, has it?

― A-ron Hubbard (Hurting), Saturday, 21 October 2006 20:00 (seventeen years ago) link

I thought they got rid of Tower Outlet, got rid of Tower Books upstairs across the street and brought over Tower Video from downstairs across the street and set it up where Tower Outlet had been.

― The Redd 47 Ronin (Ken L), Saturday, 21 October 2006 20:04 (seventeen years ago) link

Yeah, I think that's what it was.

― A-ron Hubbard (Hurting), Saturday, 21 October 2006 20:07 (seventeen years ago) link

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