Increased postal rates, Amazon's pricing, and digital downloads are killing many independent record and CD dealers. The Jazz Loft is the latest casualty. Read on.
by Henry Schneider, Published 2013-12-14
After 15 years of serving the jazz and avant-garde artists and customers, The Jazz Loft is going out of business sometime early next year. Over the past few years, the market has become harder and harder for a small, independent record store like mine to survive.
We've been beaten up by:
Amazon's predatory pricing schemes selling items below cost
At least two of my major distributors going out of business for the same reasons
In January, the U.S. Postal Service tripled the cost of shipping outside the U.S. instantly alienating 40% of my business.
Downloads, streaming, ripping, burning, stealing... you name it.
I appreciate all the faithful customers who have been loyal to me for years, if not decades. It is my goal to reemerge in early 2014 as a boutique store on eBay.
We will continue to sell our CD & DVD Space-Saving Sleeves!
We are having a clearance sale until all merchandise is sold. As things are selling out, I am trying to remove them from the site. As stated below, all future orders will be filled with inventory on hand. If you place an order, please list alternatives in the Customer Order Notes box at checkout.
Thank you again for all your loyal support.
Filed under: Audio
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