The document discusses the declining music retail industry and challenges faced by traditional music stores. It notes that music stores exist in a declining industry and face competition from illegal music downloads and online stores offering low prices. However, retailers located near universities with deep catalogs and used CDs have been more successful. The document suggests that to remain successful, music stores should hire knowledgeable staff, bring music to customers in-store, and stay updated with technological advances. Innovation is key to remaining successful in the industry.
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