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| From | Stewart Mason <flamingo@theworld.com> |
| Subject | Re: Tower Records bankruptcy |
| Date | Fri, 06 Feb 2004 13:16:44 -0500 |
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At 11:33 AM 2/6/2004 -0500, Jaimie Vernon wrote:
>WEST SACRAMENTO, Calif. — Tower Records, the pioneering record
>retailer that invented the music megastore, is likely to file for
>bankruptcy in the next week, a source close to the matter said today.
>The bankruptcy could clear the way for a potential buyer, the source
>said, speaking on the condition of anonymity.
Tower's been on the verge of bankruptcy since at least the late '80s -- at
this point, I'll believe it when I see it. However, I remain convinced
that Tower has no one to blame for their troubles but themselves.
S
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