4.3.09

VIRGIN CLOSING ALL STORES IN AMERICA

The "deprecession" as I like to call it has tagged another victim, Virgin Megastores. All U.S. stores will be closing by this summer affecting over 1,000 people. Over the past few years, Virgin had closed some of their stores that weren't doing that well and keeping the stores in "prime" areas opened. I'm sure the combination of the economy along with the ailing record industry added to the strain to keep them afloat.

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