Record World (store) explained

Record World
Type:Music retailer
Industry:Music
Fate:Bankruptcy
Founded:1959 in New York City, New York, United States
Defunct:1992
Areas Served:-->
Owners:-->

Record World was a record store chain (often listed as TSS/Record World; TSS is an abbreviation for Times Square Stores) that operated out of many locations in New York during the 1970s and 1980s. It was headquartered on Long Island.[1]

History

Record World/Square Circle music stores were opened in 1959 in New York. The chain of record stores eventually expanded to Washington D.C., Virginia, and Sawgrass Mills, Florida.

In 1978, the store chain was operated by Elroy Distributors, and presented Harry Chapin with a $1,000 check for the World Hunger Organization.[2] By 1980, Record World had a total of 32 stores opened, and had expanded the company's warehouse in Freeport, New York from 15,00 square feet to 20,000 feet.[3]

In 1982, Roy Imber was the operator of the stores, of which there were 40 operating in the U.S. Northeast.[4] The same year, Record World was part of a "one sided single" campaign by CBS Records.[5] In 1984, the chain was presented with gold album plaques for the hit Pointer Sisters album, Break Out.[6] Throughout the Mid-80s, the chain continued to expand,[7] having 66 stores open by 1986.[8] That holiday season, the chain expanded its budget for radio and TV advertising.[9] The first Square Circle store opened in the Garden State Plaza in Paramus, New Jersey in 1986.

Some malls that Record World stores were located in included Roosevelt Field Mall, Green Acres Mall, and Stamford Town Center however, many of the Record World stores were closed by 1989, and by 1990, the chain was completely defunct, due to TSS filing for bankruptcy.[10] In 1992, three Record World locations were acquired by MCD Records & Tapes.[11] Record World was purchased by W.H. Smith after declaring bankruptcy in 1992 and later rebranded The Wall the following year.[12]

External links

Notes and References

  1. Web site: Mayfield. Geoff. "...newsline..." (Billboard Aug 16, 1986 - page 46). Google Books. 16 August 1986. Nielsen Business Media. 7 April 2017.
  2. Billboard Magazine August 26, 1978, p. 11 Inside Track
  3. Billboard Magazine October 18, 1980, p. 69 Elroy Opens Store No. 33
  4. Billboard Magazine July 17, 1982, p. 18 Retailing
  5. Billboard Magazine June 19, 1982, p. 70 Retailers Dubious About One-Sided Single Choices
  6. Billboard Magazine November 10, 1984, p. 25 Retailing
  7. Web site: Moleski. Linda. "Record World Maps New Expansion" (Billboard Oct 12, 1985 - page 22). Google Books. 12 October 1985. Nielsen Business Media. 7 April 2017.
  8. News: Record World Meet: Coming Of Age . . October 11, 1986 . 8, 90 . 98 . 41 . Mayfield . Geoff . . Nielsen Business Media . 7 April 2017.
  9. Web site: Holland. Bill. Mayfield. Geoff. Morris. Chris. "Record Chains Cut Use of Print for Holiday Ads" (Billboard Dec 27, 1986 - page 49). Google Books. 27 December 1986. Nielsen Business Media. 7 April 2017.
  10. Remember Times Square Stores (TSS)? http://www.retroist.com/2013/05/20/remember-times-square-stores-tss/
  11. Web site: Christman. Ed. Retail Track (Billboard Jul 25, 1992 -. Google Books. 25 July 1992. Nielsen Business Media. 7 April 2017.
  12. Record-store Chain Gets A New Spin When Wee Three Records Took Over Wall To Wall, A New British Invasion Was Only Just Beginning http://articles.philly.com/1992-04-27/business/26005145_1_stores-regional-chains-compact-disc-sales