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First to Fall?

By Michael Byrne | Posted 11/28/2007

When we first reported a couple of weeks ago that Record and Tape Traders was bought out by Georgia’s Value Music, it wasn’t clear whether or not the sale meant stores would be closing. In fact, we got a couple of pretty resounding "no"s. Well, not more than a month later, Value Music has indeed shut down Record and Tape Traders' Owings Mills location, according to City Paper contributor Raymond Cummings. “Last night I dropped by there to sell some discs and the lights were out, shelves were empty and in disarray, and a sign was on the door that read ‘This store is closed forever!’" he reports. "So I trucked over to the Towson store, which remains open; some dude behind the counter told me that whatever conglomerate bought the chain closed that store because, supposedly, sales were slow, or slower than they’d have liked.” Can’t say we’re surprised.

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