Tower Records To Be Liquidated starting 10/7

[Bombay Chutney]

Originally posted by Mixed Veg:
  I passed through the DC Tower on Sat and didn't see any sales.  In fact, that rack with the current top 20 albums looked different to me... I thought it usually said "top 20 always on sale" and it didn't this time... so I picked up one of the CDs and the sticker on the back said $16.99.  Maybe they're nixing the regular discounts in prep for the storewide discounts

Maybe, but I never trust the sticker price on their cds.  Especially stuff on the endcaps.  They're often on sale without being physically marked-down.  If I think something's too expensive, I take it to the counter and ask them to price-check it.  
 
 But you may be right.  I wouldn't be surprised if they marked everything at full list-price, then started their 20-30-40% off sale.

[beetsnotbeats]

Originally posted by Bombay Chutney:
 I wouldn't be surprised if they marked everything at full list-price, then started their 20-30-40% off sale.

It's illegal to mark stuff up for a liquidation sale so that, say, 20% off is actually just 10% off the previous price. The company that bought Tower specializes in liquidation. Plus, the amount of labor required to change all of the price tags would be enormous and very time consuming. Besides, most of the CDs are already at full list.

[Stony]

Lot of things look different already. The top 20 as noted, no ticket sales, and jacked up prices. Took my daughter so that she could use her gift cards that she had been accumulating. I was pointibng out that she could get much better deals elsewhere but use 'em or lose 'em. Will definitely wait until prices come down (if they do).

[Charlie Nakatestes, Japanese Golfer]

What is my coworker who had given me a Tower gift certicate at Xmas for the last 9 years going to do?

[Stony]

Look for a Virgin megastore when they open

[Herr Professor Doktor Doom]

<img src="http://sfgate.com/c/pictures/2005/11/16/mn_wasg03d_iraq.jpg" alt=" - " />

<img src="http://i2.photobucket.com/albums/y25/team_dupek/5.jpg" alt=" - " />

[Jaguar]

A perfect example of a business pricing themselves out of existance, especially in the computer age with real competition.
 
 Personally, I couldn't give a fly's ass about Tower. With that said, I do not at all like the concept of buying MP3s and am concerned about the future of a walk-in music store of any company. Sure, it's great to get them online but there is also a special delight in spending a lazy afternoon in a store where you can wander the aisles stumbling across so many different selections that you eventually have to pick and choose.

[godsshoeshine]

i can tell you that the alexandria store is definately sold to the liquidation company

[pj]

Originally posted by Surly Bonds:
  When will it affect the online tower records?
 
  http://www.towerrecords.com

There is a chance Tower Records could live on via Tower.com. Norton LLC, part of the Great American consortium, put up $3.8 million to acquire Tower.com and Pulse Magazine. - from the article posted above. Probably won't be seeing any discounted prices online.

[terry]

The latest from the Penn. Ave. store:
 
 (% off the lowest ticketed price):
 
 CDs/Candy/Action Figures: 10%
 Books: 20%
 Magazines: 30%

[Dr. Anton Phibes]

Originally posted by terry:
  The latest from the Penn. Ave. store:
 
 (% off the lowest ticketed price):
 
 CDs/Candy/Action Figures: 10%
 Books: 20%
 Magazines: 30%

>>> This is the same deal for the Fairfax store......I live 10 minutes away and will be checking it out every few days.......they said to look for the cd's & DVD's to jump 10% every week.....we'll see.....I know an employee over at the store who told me that they were told 8-10 weeks to complete every thing at the latest....

[beetsnotbeats]

Originally posted by Dr. Jonas Sulk:
   

Originally posted by terry:
  The latest from the Penn. Ave. store:
 
 (% off the lowest ticketed price):
 
 CDs/Candy/Action Figures: 10%
 Books: 20%
 Magazines: 30%

>>> This is the same deal for the Fairfax store......I live 10 minutes away and will be checking it out every few days.......they said to look for the cd's & DVD's to jump 10% every week.....we'll see.....I know an employee over at the store who told me that they were told 8-10 weeks to complete every thing at the latest.... [/b]

Yeah, don't go looking yet for Annapolis discounts. They had to sell that inventory fast because their lease was expiring.

[Driveway]

I stopped in the Fairfax location today to find the new Lemonheads CD priced at 18.99.  At 10% off thats still like... Way to much for a 34 minute CD.  The main reason i went in was to get tickets to see the Twilight Singers @ the Black Cat, but the ticketmaster is shut down...   So it was a pretty big waste of time.  Fuck 'em.

[Jaguar]

Originally posted by DriveWay:
  I stopped in the Fairfax location today to find the new Lemonheads CD priced at 18.99.  At 10% off thats still like... Way to much for a 34 minute CD.  The main reason i went in was to get tickets to see the Twilight Singers @ the Black Cat, but the ticketmaster is shut down...   So it was a pretty big waste of time.  Fuck 'em.

Check this out from Amazon:
 
 The Lemonheads by The Lemonheads (Audio CD - 2006)
 
 Buy new:  $17.98 $13.99   In Stock  
 Used & new from $7.78
 
 Looks to me like Tower's off is a misprint and more like an up considering that the $17.98 figure is list price. By the time you figure Tower's with tax vs Amazon's with shipping, you'll probably weigh in at about the same with maybe Amazon beating Tower by about 10%. (No, I did not run the figures.) Hell, go for the new and used and you are sure to get the better deal!
 
 Crap, paying $18.99 (with or without the 10%) for an import is one thing but for a new domestic release, that's just ridiculous! So much for that law suit a few years ago concerning the over pricing of CDs! The labels still just don't get it while they continue to blame the downloaders or anyone else they decide to pick on. I know they have overhead but drop their prices a little and they are sure to move more product, especially at a time when so many people are cutting discretionary spending due to necessities going up so much.