Chicago Record Store Closing Its Doors, Giving Away Its Inventory
May 25, 2016 at 12:23 PM (PT)
CHICAGO books and used record store SHAKE, RATTLE & READ, which will close its doors for good this SATURDAY, has announced that he will give away his entire stock for free, according to THEVINYLFACTORY.COM.
Owner RIC ADDY made the announcement on the store's FACEBOOK page and also advertised that on TUESDAY and WEDNESDAY, he planned to open the shop from 12p to 6p (CT) and allow customers to bring their own boxes and bags and take whatever they like.
The shop, which had been open for 50 years this past JANUARY, has been battling against what ADDY calls the “subscription and streaming-based world” for several years now. “KINDLES, iPads … I’m up against all that,” he told DNAINFO at the end of last year when he first announced the closure.
“We had used CDs for a while and that’s really dropped off. Now, people walk in and they go right for the vinyl. Ten years ago, I would sell a lot more CDs. … There’s still people that like to have a hard copy. But as I get younger and younger audiences going to the ARAGON and the RIVIERA, they don’t even look at them. And maybe 10 or 15% buy vinyl.”