Footlight Closing for Good


Following up on the closing of the store in NYC, Footlight.com is closing up shop.
To one and all: It is with deep regret that I must inform you that we will be closing on July 4th. It has been a difficult decision, but there seems to be no choice. The company was going into debt by keeping the store open. Our rent went from $2500.00 to $5000.00 then to $7000.00 and the landlord wanted to raise it again the following year. This was a dream I had since I was a kid, to own a record store. If I had closed the store sooner and not incurred such a debt than maybe we could have continued as a web-based company. . . Even that is doubtful in today’s market. Downloading is a affecting us more and more plus you have the fact that many smaller companies that produce Cast Recordings pre-sell their recordings at a discount price. This has probably cut into about 40% of our sales in cast CDs. I find it interesting that neither one of the internet based soundtrack companies that produce CDs (Intrada and Screen Archives) find the need to undercut the people they distribute their CDs to. They pre-sell their CDs on their site, but at the retail cost. Last of all many of you may not realize that even though I have a direct account with companies like Sony Music I do not pay the same price as Amazon. Amazon’s cost is much less than I have to pay, so how can I compete with this unfair practice. For instance the new Lucille Ball DVD Box Set cost me more than Amazon is selling it on sale for. All of this being said all of here Ron, David, Arnold, Will, Richard, and Steve have worked very hard the past couple of years. We love the music and really care about Footlight. Most of us have been with the company almost 20 years. It is a sad day for all of us. Most of all I would like to thank all of you that have been our regular customers and stuck by us even when you could have saved a dollar going some where else. We will miss the communications that we have had with our customers, many of you for dozens of years. After the site is closed on the 4th you will still be able to reach us at 718 963 0750 or through our old e-mail address: [email protected]. We will still be here working for weeks after the site is closed. You will be able to find the balance of our stock on Amazon under the name Footlight-com. All the best to each and every one of you now and in the future, Ron, Arnold, Dave, Richard, Steve, & Will
A sad day for US collectors.

1 Comment

Mister Matt wrote on June 29, 2007

New message from Footlight: "I just wanted to say thank you to all of you who have written to us with your regrets regarding the closing of the web-site. There have been dozens and dozens of e-mails from people all over the world. Many of your notes brought me to tears. I had planned to write to each and everyone of you individually, but there have been just so many e-mails that there just is not enough time. As an aside we have been receiving so many orders the past week that if it continues like this through the next week we may stay open a few days beyond the 4th. As you can see by the Sale Page and Rare Page we still have quite a bit of stock left. Plus we are still adding more LPs and CDs to these pages everyday."

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