YOUR BUSINESS AUTHORITY

Springfield, MO

CD Warehouse closing after 25 years

Posted online

CD Warehouse is scheduled to close following a liquidation sale.

Officials with the 1938 S. Glenstone Ave. store notified its customers on Facebook the liquidation sale starting today should take three to five months to complete. The music store has more than 70,000 pieces of inventory to sell, according to a Facebook post.

“It’s with the heaviest of hearts I must tell you after 25 years we will begin our going-out-of-business sale,” the post reads. “As you can imagine, our entire staff is devastated, but we are grateful you kept us going this long.”

Reached this morning, store manager Michael Vincent confirmed the closure but was busy with the sale and unable to speak further. Vincent has managed the store since it opened, according to Springfield Business Journal archives.

Mark Kane, the original founder of CD Warehouse in Dallas, sold the company to Oklahoma City-based CD Warehouse Inc. in 1997 after building it to 175 stores. CD Warehouse Inc. filed for Chapter 11 bankruptcy in 2002, according to NewsOK.com. It’s unclear how many CD Warehouse stores continue to operate.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick

Startup Corner: Eden Garrett, Eden’s Flower Truck

The 21-year-old is working to graduate in May while cultivating her small business.

Most Read
SBJ Live logo
MOST-WATCHED VIDEOS
Demand Pull Inventory Control

“We’re doing really complicated math, forecasting way in the spring, what we’re gonna need in inventory by what date,” says Shawn Askinosie, the Founder and CEO of Askinosie Chocolate. The …

Need to Focus Leads to Sale of Business “It’s been hard for me to choose. There is a point when I knew I needed to focus on one of these businesses,” says Elle Feldman, owner of Elle’s Patisserie and Lavare Spa (now rebranded as …
My Mentor - My Teammate in Life “He was a strong man of faith and courage and very wise - my biggest supporter in any endeavor in life,” says Tami North, Executive Director of the Rogersville Area Chamber of Commerce and one of …
From Cutbacks to Cutting Tracks “Every day you’ve gotta wake up and say, ‘I’ve gotta make money today,’ says, Ricky Smiley, Founder and Producer of Smiley Records, LLC. When Smiley was laid off from a job he held for 18 …
Consistent Marketing  “Marketing for a company can be very interesting, in the sense that it’s hard to stand out in the crowd from everyone else,” says Alisa Lawler, Vice President of Marketing and Business …