The entire Tower Records chain consisting of 89 stores nationwide announced bankruptcy liquidation 3 weeks ago. All stores are now in having their final liquidation sale. CDs and DVDs are 25 to 30% off their regular, high retail prices. It is quite funny that prices of previous bargain bin CDs have risen before the closeout discounts took effect. People are waiting for deeper percentage cuts, though some artists and sections are already selling out.
The old brick and mortar Tower Records stores are victims of file sharing, digital music download stores (iTunes) and big box, discount retailers such as WalMart, Best Buy and Circuit City. This series of photos were taken at Hawaii’s oldest Tower Records store on the corner of Keeaumoku and Makaloa Streets in Honolulu. I’ve been shopping at Tower Records for more than 20 years. The closing of this venerable institution will certainly be the end of an era for every music fan in Hawaii and around the world. Aloha Tower Records.