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Subject:
From:
Janos Gereben <[log in to unmask]>
Date:
Fri, 29 Nov 2002 18:39:09 -0800
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   Tower Records, the storied 1960s music chain that launched the
   music megastore and became a cultural retailing icon, strolls
   into its 43rd holiday shopping season this weekend struggling
   with debt and on the ropes.

   The West Sacramento, Calif.-based Tower hopes four weeks of
   strong sales will reverse a new image as the tottering giant
   inside a stumbling music industry. Among the chain's troubles:
   deep-discounting rivals, changing consumer habits, lack of hits
   and its own missteps in the 1990s as the music business began a
   dramatic shift.

Full story: http://tinyurl.com/33pi

Janos Gereben/SF
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