Friday, September 11, 2009

Rockaway Records to mark 30th anniversary with huge sale

Rockaway Records, a Los Angeles landmark acknowledged by collectors and experts of music memorabilia as one of “the best record stores in America,”[1] is celebrating their 30th anniversary! In honor of their three-decade milestone, Rockaway is turning back the clock and throwing one of their famous parking lot sales Sunday, September 27th at their Silver Lake location at 2395 Glendale Blvd. 30,000 CDs will all be priced at 99 cents each while every item in the store, including collectibles, will be on sale.

While nearly every independent record store (and many chains) in Los Angeles have closed, Rockaway is flourishing. Co-founders, brothers Wayne and Gary Johnson are aggressively acquiring extensive record industry collections and purchasing personal collections of CDs, records, DVDs, concert-related items, tour programs, toys, as well as rock ‘n’ roll promo items and collectibles. Frequently paying five and six figures for valuable collections, Rockaway recently paid $600,000 for a single collection of vinyl and $150,000 for a CD collection.

“It’s remarkable to reflect on founding Rockaway Records 30 years ago and to have actively witnessed the evolution and revolution of an entire industry in a mere three decades. We’re extremely proud of our success and know how fortunate we are to be not only weathering a difficult economy, but continuing to make key acquisitions and grow during such a volatile time,” said Wayne Johnson, co-founder Rockaway Records. “While we have seen a number of our independent peers come and go over the years, what we offer is more unique than any big box retailer could ever possibly undertake. We are continually looking ahead and plan to not only remain relevant in years to come, but aggressive in the retail marketplace. Trends come and go everyday, but real style and substance is always rediscovered. We feel that moment everyday we open our doors.”

Wayne and Gary began re-selling albums in 1979 after attending one of the legendary record swap meets at the Capitol Records parking lot in Hollywood. What began as a hobby more than 30 years ago, quickly turned into a business when they were virtually forced to open a store, if only to house their growing collection! Expert appraisers of music memorabilia, the brothers Johnson have traveled the world buying and selling some of the most highly sought after music and collectibles.

Not only are collectibles in demand for their novelty, but also for their potential appreciation. One often-overlooked area is music memorabilia. These collectibles have yielded some impressive returns. The Johnson brothers are known throughout the world for their honesty and for paying the fairest prices for records and memorabilia. They regularly travel the United States and overseas to purchase private collections and make certain that sellers receive the highest market price.

Rockaway Records, one of the last remaining truly independent purveyors of fine music and memorabilia, is located at 2395 Glendale Blvd. in Silver Lake, one of Los Angeles’ hippest neighborhoods.

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