In an official release, owner Nigel Rennard has stated:
After 30 years of retail, in the Melbourne CBD, Missing Link Records will cease trading on Friday 7th October.
The doors at 405 Bourke Street will be closing for the last time, however the store will continue under the management of Collectors Corner, as it has traded for the last year, in a new location to be announced shortly.
Adverse trading conditions, over the past few years and the continued decline in hardcopy music sales, the ever present theft of music and digital options have combined to bring about the decision. The owners wish to thank all those that have supported us over a very long journey and hope that in return our support for Australian and overseas independent music will be remembered.