According to an article in the Minneapolis-St. Paul Business Journal, Musicland Holding Company (the company that owns, among other things, Musicland, Sam Goody and Suncoast Video stores around the country) is going to close 341 underperforming stores, including their Sam Goody store in the Eden Prairie Center mall. Other Minnesota store closings are in Duluth, Maplewood and Blaine.
That’s too bad, but the retail music industry is in a difficult spot in their business cycle right now. I don’t know how these retail stores can be making much of a profit anymore. Anybody with a teenager and a home computer will know what I’m talking about.
We’ll miss the store, but the Eden Prairie Center is a vibrant place right now. I have to believe that they’ll fill that store slot quickly.
