It's the highest volume music store in the country and makes roughly MM in profit annually, but who cares about that, what this city really needs is another Forever 21! And so it will be: In April the Times Square Virgin Megastore will close, and from its dust will rise a discount department store. Sad. Meanwhile the Union Square location is not being closed! (Yet). More info for you to read and weep at Billboard.biz. - Source