San Francisco Too Rough for Virgin -- Megastore to Pull Out
By Joe Eskenazi in Business, Recession Watch
Thursday, Feb. 26 2009 @ 8:59AM
| Pargon |
| Will the last Virgin please turn out the neon lights? |
The recession may be the cannon-shot that did away with an already troubled store and industry. It's no secret that CD sales have plummeted as consumers -- particularly younger consumers -- obtain music over the Internet without ever having to leave the comforts of home. Antiquated forms of news and entertainment -- local movie theaters, record stores, newspapers -- are going the way of lamplighters and steam trains.
Perhaps, however, the last laugh will be on the iPod-wearing downloaders with their ubiquitous white headphones. Those 69-cent 45 rpm singles never induced anyone to wander headlong into traffic.
Photo | Pargon





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