Music and electronics retailer J&R Music and Computer World will shutter its store on Park Row in lower Manhattan Thursday after 43 years in business.
In a letter to customers on the store's website, owners Joe and Rachelle Friedman said, "On April 10, J&R will close its doors so that we can rebuild this location into what we hope will be an unprecedented retail concept and social mecca. In order to facilitate this exciting new initiative, the buildings that J&R occupies have to be totally reimagined and redeveloped.”
J&R opened its doors in 1971 and eventually expanded to take over most of Park Row, having 10 different stores in as many as four buildings. While it began as a stereo component and record store, it soon offered computer products, camera's phones and all kinds of consumer electronics.