Tower Records open new outlet in Buenos Aires.

From: South American Business Information | Date: March 29, 2004 | Copyright information

Argentina, Mar 26, 2004 (El Cronista/SABI via COMTEX)

Tower Records, the US music store, has invested Pesos$186,000 in opening its seventh outlet in Argentina. The new outlet is located at the Buenos Aires Design shopping center. The company has plans open a further five outlets in Argentina by the end of 2004, despite having to renegotiate its Pesos$3mil debt with creditors. Tower Records operates in Argentina through a franchise agreement with an unnam...

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