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Vacation Records may be a shining, DailyCandy-fêted beacon of good vibes and indie rock credibility, but for everyone else, it's a terrible time to be a record store. Virgin has announced that it will close all of its U.S. locations by summertime, which means the Megastore at the Hollywood & Highland Center is doomed. In New York, the closing Virgin in Times Square is having a major sale, so we can probably expect something similar to take place in Hollywood this spring.
· Virgin Megastores to close remaining U.S. stores [LAT]
· The Long, Slow Death Of The Times Square Virgin Megastore Begins Tomorrow [Idolator]