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Next on the hit list: Virgin Megastores; all U.S. outlets to close

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#1 of 8 OFFLINE   Michael Reuben

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Posted March 04 2009 - 12:38 PM

Virgin Megastores to shutter nationwide - Silicon Valley / San Jose Business Journal:
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#2 of 8 OFFLINE   Todd Hochard

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Posted March 04 2009 - 01:31 PM

That's a big hole to fill in Downtown Disney in Orlando. I mean that literally, though- big store, but the prices were obscene.Posted Image
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#3 of 8 OFFLINE   Dennis Nicholls

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Posted March 04 2009 - 07:02 PM

From the linked story....
This is just crazy. Commercial real estate is going to follow residential real estate over a cliff, with both sales prices and occupancy rates sure to follow. I'll bet there may not be any "new tenants" for these locations, much less ones paying "higher rents".
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#4 of 8 OFFLINE   John Kilduff

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Posted March 05 2009 - 04:22 AM

Wow, first Pleasure Island and now the Virgin Megastore. On the upside, I'll be saving a good amount of money. On the downside, I loved shopping there. It was just such an amazing place. I didn't care much about the prices. I had hundreds of dollars with me to spend on DVDs, CDs and books. Now it's coming to an end. Sincerely, John Kilduff... As long as stores like F.Y.E and Barnes & Noble are still open, I'll be okay, though.
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#5 of 8 OFFLINE   Malcolm R

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Posted March 05 2009 - 05:02 AM

FYE has closed two of their four locations within 50 miles of me over the past few months. Seemed a little odd, as both seemed to be in high-traffic locations and I hadn't heard any announcements about FYE closing stores.
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#6 of 8 OFFLINE   Carlo Medina

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Posted March 05 2009 - 05:47 AM

Wow, I don't buy from iTunes, but if more of these stores go out of business that might be the only option left! Posted Image

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#7 of 8 OFFLINE   Jack Briggs

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Posted March 05 2009 - 09:16 AM

File all this under "e" for "economy." (Or, perhaps, "cd" for "coming depression.")

#8 of 8 OFFLINE   Carlo Medina

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Posted March 05 2009 - 10:20 AM

coming? where ya been, man? Posted Image

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