Times Square Virgin Megastore To Close Its Doors Forever

It’s the highest volume music store in the country and makes roughly $6MM in profit annually, but who cares about that, what this city really needs is another Forever 21! And so it will be: In April the Times Square Virgin Megastore will close, and from its dust will rise a discount department store. Sad. Meanwhile the Union Square location is not being closed! (Yet). More info for you to read and weep at Billboard.biz.