(11.03.2009)
Virgin Megastore in New York Closes
Lately the economy has been hitting everyone pretty hard. And unfortunately Times Square is bidding Virgin Megastore goodbye. The store will be closing sometime between now and April 2009. The building is basically cleaned out as CDs and DVDs lye on the floor from the stampedes of people flipping through them. Currently Virgin pays around $100 per square foot, but future “retailers are expected to pay as much as $750 to $1,000 a square foot.” The rent has become too expensive and it is not confirmed if another store in New York will open or one in San Francisco to replace that closing location as well. The music store in Times Square instead will be replaced by a Forever 21.
Personally as a Tokio Hotel fan I am sad to see the New York location go. I know that along with many other fans many good memories were held in that store. Virgin Megastore in New York held the first Tokio Hotel signing in the United States on May 6,2008 to celebrate the Scream albums release. Coincidentally MTV TRL also closed their doors after hosting TH in May and then August. Conan O’Brien also has been canceled along with Steven’s Untitled Rock Show. With the economy so bad many entertainment shows are having to be canceled leaving fans wondering what shows Tokio Hotel will have to go on when they return in the upcoming Summer of 2009? All MTV Live shows have been canceled leaving slim pickings for the boys to appear on and promote their new album.
Tokio Hotel’s future is uncertain in the failing American economy but hopefully with Obama as president and new song writers backing the boys perhaps this German band will go far.
The store is entirely sold out of Tokio Hotel T-shirts and there are only three CDs left for sale.
by colby21
original article:
http://www.buzznet.com/tags/tokiohotel/journals/3853561/virgin-megastore-new-york-closes/