Russ Solomon, 92, founder of the Tower Records retail empire, died of a heart attack Sunday at his Sacramento home. Solomon built Tower from a single store in 1960 to a $1 billion-a-year international chain with 240 outlets. He owned…
Sign up for a free preview to unlock the rest of this article
Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.
15 percent of the company when it filed for bankruptcy in 2006. Even after Tower’s demise, Solomon opened Resurrection Records in one of Tower’s former Sacramento flagship stores in 2007 (see 0703060138) and ran it for three years before selling it to a local entrepreneur. Solomon was one of the "architects" of the National Association of Recording Merchandisers, later renamed the Music Business Association, blogged Jim Donio, the trade group's president. Solomon's survivors include his wife and two sons.