Pages tagged “virgin megastore”

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Remaining U.S. Virgin Megastores to be gone by Summer

It seems digital music sales and illegal file-sharing are about to claim yet another victim of the recording industry. In light of the closing of the iconic Times Square Virgin Megastore in April, the chief executive of Virgin Entertainment Group Inc. announced that the six remaining U.S. Virgin stores will be closed by Summer due to the slowing of the economy and declining record sales....  read more