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San Francisco's Virgin Megastore to Announce Closure
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Wow. This (all but) ends an interesting chapter in retail. Virgin Megastores were the hottest thing around when they first opened in the '90s, with their huge selections, snazzy stores, and general aura of Virgin-brand coolness. But record stores (especially the modern ones, as opposed to vintage places like Amoeba and Rasputin) lost so much business to so many other sources that it was bound to end.
I was in the SF store last weekend and I remember thinking to myself how the store was buzzing a lot more when I first moved here 7 years ago.
By the way, their stores on Michigan Ave in Chicago and Times Square in NYC will be replaced by Forever 21.