AAN News

Alt-Weekly Advertiser Tower Records Files for Bankruptcynew

Competition from behemoth discounters like Wal-Mart and free downloading of music from the Internet had the giant record retailer singing a sad song in court Monday. The 93-store chain based in West Sacramento, Calif., intends to keep operating its stores as it reorganizes, its chief executive tells Reuters.
Reuters  |  02-10-2004  6:34 pm  |  Industry News

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