Mehdy
Stunt Coordinator
- Joined
- Dec 15, 2002
- Messages
- 54
I grew up in Sacramento, California...Tower records was started there...I can remember buying records in the 60's when 33rp were 1.99 and 2.99...I can remember buying my first laserdics at tower...and many DVD's(too many)...but times have changed and now tower is soon to be history..according to Video store Mag may 18-24 ....struggling TOWER is on the block...the question is who wants to get into the business right now(music is down big time)...the company is delaying a 5.2 million dollar interest payment and moddys investors service lowered it ratings on the $110 million debt...in Feb longtime vp of video John Thrasher left the company...as he was increasingly frustrated with towers first-week DVD pricing, under which new releases are priced about $5 higher(make that $10 in my opinion)than at compeating retailers putting tower at a disadvantage....the chain has closed three stores,battled rumors that it was facing bankruptcy(it was),spun off eight stores in hong kong...taiwan and sold its stores in Japan.... The reason I bring this up is my friend went dvd shopping and went to tower..he had not been
dvd shoping for some time..He bought Atlantis 2 and PAID 29.99-now not only was this a piece of junk(we saw it..I slept thru most of it..it should be renamed SCOBBY DO and should be sued by them...you will see if you get the wasted
time to see this) but I just could not have the heart to tell him that he was just ripped off for $10....And in these bargin days that's another DVD. John Thrasher was right on....I do have customer loyality....but not a $10.00
a dvd...If tower sells to somebody...PLEASE BE PRICED IN THE SAME BALLPARK...... So long TOWER....thanks for the memories....:b
dvd shoping for some time..He bought Atlantis 2 and PAID 29.99-now not only was this a piece of junk(we saw it..I slept thru most of it..it should be renamed SCOBBY DO and should be sued by them...you will see if you get the wasted
time to see this) but I just could not have the heart to tell him that he was just ripped off for $10....And in these bargin days that's another DVD. John Thrasher was right on....I do have customer loyality....but not a $10.00
a dvd...If tower sells to somebody...PLEASE BE PRICED IN THE SAME BALLPARK...... So long TOWER....thanks for the memories....:b