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Another independent music store has announced they will be closing down. This time it's Fat Beats, a hip-hop centric record shop with two remaining retail outlets, one in New York City and one here in Los Angeles on Melrose.
"[T]he record stores were a place to experience hip-hop culture and its legacy, which became a global phenomenon," notes a press release detailing their closure. "The announcement of the closings is a reflection of the woes that have been plaguing the industry for years," they note, pointing to the demise of Virgin Megastore, Tower Records, and HMV.
Though the NYC store will shutter September 4th, and L.A.'s on September 18th, Fat Beats will still operate their online store, and their label, Fat Beats Distribution. Until then, they will have blow-out sales and special tribute events in-store.
(h/t fakegoldcha.in)