They brought it on themselves by failing to adapt. They could have had silent discos, exclusive streamings, done deals which artists for new exclusive stuff, tv show streaming, had concerts, signings, vinyl recordsetc. but they just remained the same...
a lot of young folk like to do music shopping on the interwebs nowadays.
Any remember BlockBusters? 😂😂
They should've bought Spotify or some sort of streaming app when it was small. Could've helped them with the whole technology aspect of the problem.
Still sad it's going into administration. It's a good shop all the same.
Just another dinosaur that's trying to out run the meteor strike.
I'm amazed it's lasted this long tbh.
Went in there for Christmas to try and find a present for a family member who's quite musical and it was full of overpriced tat, with the few decent products easily being available for a cheaper price elsewhere.
I have no sympathy for businesses like this who had all the tools at their disposal but failed to adapt to the demands of their customers. All the usual tired cliches about Brexit and Amazon will come out but they fail to acknowledge the main reason why it's in trouble - physical media is now a niche interest.