The SF Chronicle (which is circling the drain and could be shut down by the Hearst Corp.) reports that the Virgin Megastore in downtown San Francisco will be shut down. In the last few months, Stacey's Books and the Sony megastore have also announced plans to shut down. I'm not shocked that Virgin is shutting down- the last time I bought a CD in a store was probably 1998. But it is a daunting sign that well-known retailers are failing.
What are you seeing in your area?
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