Music Stores Are For Aging Dudes, Says New York Times

Interesting article in the New York Times today about the decline of the brick and mortar music store.

Two quotes:

Since late 2003, about 900 independent record stores have closed nationwide, leaving about 2,700, according to the Almighty Institute of Music Retail, a marketing research company in Studio City, Calif. In 2004, Tower Records, one of the nation’s largest chains, filed for bankruptcy protection.

…

Some independent owners are resisting the demographic challenges. Eric Levin, 36, who owns three Criminal Records stores in Atlanta and oversees a trade group called the Alliance of Independent Media Stores, representing 30 shops nationally, said that businesses losing young customers are “dinosaurs” that have done nothing to cater to the new generation. Around the country, he said, shops like Grimey’s in Nashville, Shake It Records in Cincinnati and Other Music in New York are hanging on to young customers by evolving into one-stop hipster emporiums. Besides selling obscure CD’s and even vinyl records, many have diversified into comic books, Japanese robot toys and clothing. Some have opened adjoining nightclubs or, in Mr. Levin’s case, coffee shops. (full story)