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# Tower To Be Liquidated
- URL: https://www.hypebot.com/tower_to_be_liq/
- Published: 2006-10-07T15:10:30.000Z
- Updated: 2006-10-07T15:10:30.000Z
- Description: After what was reportedly an intense 30 hour auction, venerable music retailer Tower Records will be liquidated. Liquidators Great American beat music retailer Trans World by $500,000 paying $134.4 million. Continue reading [https://www.hypebot.com/hypebot/2006/10/tower_to_be_liq.html]
- Author: Bruce Houghton
- Tags: Vinyl, Cassettes & Retail, #wp, #wp-post, #Import 2026-01-21 11:10

[![Tower_13](https://hypebot.typepad.com/hypebot/images/tower_13.jpg "Tower_13")](http://hypebot.typepad.com/photos/uncategorized/tower%5F13.jpg?ref=hypebot.com)

After what was reportedly an intense 30 hour auction, venerable music retailer Tower Records will be liquidated. Liquidators Great American beat music retailer Trans World by $500,000 paying $134.4 million for the rights to sell off the inventory. Trans World had hoped to keep at least some of Tower’s stores open.

Make room on your shelves…the inventory sell-off will begin almost immediately and last about six weeks.

More: [LA Times](http://www.latimes.com/business/la-fi-tower7oct07,0,4538052.story?coll=la-story-footer&ref=hypebot.com), [AP](http://www.sanluisobispo.com/mld/sanluisobispo/news/15697803.htm?ref=hypebot.com)