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Tuesday, March 6, 2018

R.I.P.: Russ Solomon, Founder of Tower Records

Talk about the perfect coda: Tower Records founder Russ Solomon died with a drink in his hand and a smart-aleck remark on his lips.

The swashbuckling, visionary entrepreneur who built a global retailing empire and the most famous company in Sacramento history died Sunday night of an apparent heart attack. He was 92.

Russ Solomon
Solomon was watching the Academy Awards ceremony Sunday night at his Sacramento-area home when he was stricken, said his son, Michael Solomon, the former chief executive of Tower.

"Ironically, he was giving his opinion of what someone was wearing that he thought was ugly, then asked (his wife) Patti to refill his whiskey," Solomon said. When she returned, he had died. reports The Sacramento Bee.

Russ Solomon was the guiding force behind Tower, the chain that revolutionized music retailing until it was swamped by iPods, big-box stores and other dramatic changes in the industry.

"Long aisles were packed with bins containing thousands of titles in every imaginable genre. The stores stayed open late and became evening hangouts," wrote Variety magazine in an outline obituary. "The Towers on Sunset Boulevard in Los Angeles and Broadway in New York's Greenwich Village were landmarks in their own right."

A pioneer who was admired by employees and competitors alike, Solomon made Tower a $1 billion-a-year business stretching from Boston to Bogota, Colombia, with major outposts in Tokyo and London. He operated on a philosophy that was obvious to him but extraordinary for its day: Build big stores and pack them with as much music as possible. The company eventually branched into books and video.

But in the late 1990s and early 2000s, Tower was overwhelmed by big-box discounters, Amazon.com and digital downloading. The company also over-expanded and was partly to blame for its downfall.

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