Seattle
- Coffeehouse chain Starbucks (NASD: SBUX) has decided to further withdraw from the music
business, and will reduce the number of CDs it sells in its stores by removing
rotating CD racks in favor of showcasing just four album titles near store cash
registers, the Seattle Times reported. "It's an opportunity to focus on a
small number of titles and tell those stories well," Starbucks spokesman Doug
Cavarocchi told the Times. The company also recently opted to shift management
of its Hear Music joint venture record label to partner Concord Music Group.
Related Links:
http://snipurl.com/2q4kx
(Seattle Times)
http://www.hearmusic.com
Comments
Post new comment