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As of November 2020, Tower Records re-opened their online store with a new website, once again selling vinyl records among other merchandise, which also features an online version of Pulse that is updated regularly.
Throughout much of the 1980s, and especially during the CD boom of the '90s, Tower Records locations across the U.S. were meccas for music fans.
In 1999, Tower Records had sales of over one billion dollars. Seven years later, the US chain was bankrupt. Now, a new documentary examines Tower’s rise, reign, crash and burn – with a little help from Grohl and Springsteen – and asks whether modern music consumption has lost its mojo…
After liquidation sales at its stores, the chain disappeared everywhere but in Japan (where 88 stores still operate, including a thriving nine-story Tokyo outlet). What happened? In some ways, Tower Records was a victim of its own success.
In 1999, Tower Records made an astounding $1 billion. In 2006, the company filed for bankruptcy. What went wrong? Everyone thinks they know what killed Tower Records: the internet.
Tower Records, which closed its stores 14 years ago and declared bankruptcy, today announced it has come back as an online service.
When the music business came crashing down in the late 1990s, however, Tower found itself at the brink of extinction, particularly when Solomon’s crew was replaced with MBA-touting suits who tried to steer the Titanic from the iceberg, but ultimately failed.
Tower Records, the beloved music chain that shuttered all of its U.S. physical locations 14 years ago, has been revived as an online store.
For over 4 decades, Tower Records was a pioneer in the music industry and the bedrock of record store culture. So much more than just a business, it was run by rebels and outsiders, and radiated coolness starting from the top, where founder Russ Solomon was revered and idolized.
It’s taken 7 years, but the Tower Records documentary from Colin Hanks and Sean Stuart has its world premiere today. News Network's Jeff Hudson has details about a farm-to-fork community in...