RUMOR MILL
Back to Rumor Mill >
Thursday, September 28, 2000

CD WAREHOUSE SHUTTERS
ONLINE OPS

by

Marc Pollack

But It Shouldn’t Be Viewed As A Negative Thing, Company Says
CD Warehouse is the first significant traditional music retailer to shut down its online operations.

The company, which said it won't abandon its e-commerce business and doesn't plan any layoffs, will develop its Internet infrastructure, hoping to reintroduce the service at a later date, Webnoize reports.

Sources suggest CD Warehouse has been slow to implement its Internet strategy as rivals have begun to develop partnerships with online retailers and acquire content properties to merge physical and virtual stores.

Trans World, for example, recently took an equity stake in online retailer SecondSpin.com, Wherehouse Music merged its online operation with CheckOut.com and Musicland acquired a stake in Supersoni.com last year, all in an attempt to get a foothold in the burgeoning online market.

TAGS: Marc Pollack
 
BACK TO RUMOR MILL
 
TOP 20: JUST TRUST US
A second sonic Boom (4/18a)
Check It Out Now
ON THE COVER:
AARON BAY-SCHUCK
AND TOM CORSON
Bunny's hoppin' again. (4/17a)
Check It Out Now
NEAR TRUTHS:
PRIMARY NUMBERS
Hats off to Larry (4/17a)
Check It Out Now
TAY’S FORTHCOMING DEBUT: WE ARE TORTURED BY SPECULATION
So many questions (4/17a)
Check It Out Now
THE COUNT: COACHELLA, FROM THE COUCH
The coziest way to experience the fest (4/19a)
Check It Out Now
THE NEW UMG
Gosh, we hope there are more press releases.
TIKTOK BANNED!
Unless the Senate manages to make this whole thing go away, that is.
THE NEW HUGE COUNTRY ACT
No, not that one.
TRUMP'S CAMPAIGN PLAYLIST
Now 100% unlicensed!
 Email

 First Name

 Last Name

 Company

 Country
CAPTCHA code
Captcha: (type the characters above)

By clicking submit you are agreeing
to Terms and Conditions