Owners Nate Nott and Simon Karis will now focus on its Brunswick Street, Fitzroy store, which began 30 years ago. They promise “some great changes” starting with a redesigned website within the month.
A statement released this morning explained: “When the Flinders Lane store opened some six years ago, it was a good idea in the climate; CD sales were stronger and vinyl was still experiencing a rapid rise (which is debatably still on the up). However, given the ever-increasing rent in our current location the city, we’ve had to make a call to downsize back to one store for now. We feel it’s the smart move to make in the short term and, after a period of stabilising, we can look to return to the city to a more size-and cost-efficient space.”
A closing date has not been determined for the Flinders Lane store, which was renowned for some of its great in-store sessions. This will depend on the real estate agent, apparently. But they hope to be still operating on Record Store Day on Saturday April 19.
