Wednesday, July 23, 2014
Deeper discounts at Kim's as closing countdown continues
The 50 percent off banner is now up at Kim's Video and Music at 124 First Ave. between East Seventh Street and St. Mark's Place.
As we first reported on April 21, the store is closing.
Our source tells us that the closing date will be right around the midpoint of August. However, the source says that it's conceivable that the owner, Yongman Kim, could decide to do shut the doors for good by the end of this month.
The space has not yet been rented. The asking rent is $16,500.
As for the sales, the new CD/DVD/Blu-ray releases are 30 percent off ... while the rest of the stock, from vinyl to DVDs, is 50 percent off. We've stopped by several times in recent weeks. For those with discerning tastes, there's still a lot of treasure to be found in the remaining piles.
Previously on EV Grieve:
[Updated] A really bad sign outside Kim's Video & Music on First Avenue (31 comments)
Source: Kim's staff looking for ways to save their store
More about the closure of Kim's: 'We are NOT closing because record stores are dying'
Listing for Kim's Video says space is 'ideal for Bank, 711, Starbucks'