Last time I was there they had no new inventory of any kind; seemed like they 
had batches of the same tracks int he bins.  They mentioned that they were 
hurting when I asked about anything recent being stocked.  They referred me to 
Detroit Threads.  I think they would have been better off keeping the Ferndale 
location, instead of the Roseville.  Sad, but not surprising.  




----- Original Message ----
From: John Sokolowski <jrsokolow...@hotmail.com>
To: 313@hyperreal.org
Sent: Wed, November 10, 2010 8:17:23 PM
Subject: (313) Record Time closing its doors


Another end of an era...

http://detnews.com/article/20101110/ENT04/11100415/1361/web_recordtime_1111

Venerable Record Time outlet to close after holidays

Adam Graham / Detroit News Pop Music Writer

Yet another casualty of the shrinking record business, Record Time — a Metro 
Detroit institution for 27 years — will sell its final piece of vinyl early 
next 
year. 


Owner Mike Himes said today he'll be shutting the doors of the store's 
Roseville 
location in March, at the latest. He cites years of declining record revenues — 
record sales were cut in half over the last decade — as well as a massive 
overhead he can't keep up with any longer. 


"I've known this day would come, I was hoping we could just ride it out, but 
we're not able to do so any longer," said Himes. "I've been purely in survival 
mode for about the last three years, and it hasn't been fun, really. It's taken 
its toll. We can't stay open just to stay open anymore." 


The first Record Time opened in 1983 and held various locations in East Detroit 
before settling in its current location in 1996. Branches were opened in 
Rochester and Ferndale though both eventually felt the pinch of declining 
record 
sales. When the Ferndale store closed in 2007, Himes said at the time, "the 
crystal ball doesn't look so sunny." 


Record Time's Roseville location covers 8,500 square feet and has a large 
selection of used vinyl recordings, as well as a heavy presence of electronic 
records. In recent years, Himes changed his business model to focus "98 
percent" 
on used products, but that presented its own set of problems: If they didn't 
have something used, they didn't have it at all, which led to store regulars 
buying product elsewhere. "We weren't able to give customers what they wanted," 
he said. 


Record Time will stay open through the holidays and will participate in a Black 
Friday event sponsored by Record Store Day, which offers exclusive releases for 
independent record store retailers. After that, he plans to liquidate the 
store's product, and will probably toast the store's long history by hosting 
in-store events with bands and DJs. 


Down the road, Himes says he's looking into the possibility of opening another 
store, but doesn't have any concrete plans. "We could survive in a smaller 
spot," he says. "There's still a good niche for what we do." 


Chris Flanagan, owner of Street Corner Music, moved his store from Beverly 
Hills 
to a smaller location in Oak Park in 2009. He says Record Time still has a 
shot. 


"I think the days of huge record stores, square footage wise, are pretty much 
over. You just can't have that playground anymore," he says. "But it's really 
hard to kill off a name. Even if (Record Time) dropped out and came up again 
six 
months later, it would probably still have a chance. 


"There are people that are going to be looking for you for a long time to come, 
and if things improve around here, (Himes) might have another chance to open 
his 
store back up."                            

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