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Virgin Megastores have found a profitable way to beat the music sales slump: sell less music. Clothing, DVD, video game, and book sales all went up for the company in 2007, nicely offsetting the decrease in CD purchases. "For the first time in five years our store traffic is up over plan," said Virgin Entertainment North America CEO Simon Wright. Promising news for music retailers willing to sell something else. [Rolling Stone]


3:45 PM on Mon Apr 7 2008
By Anthony Miccio
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