Racked is no longer publishing. Thank you to everyone who read our work over the years. The archives will remain available here; for new stories, head over to Vox.com, where our staff is covering consumer culture for The Goods by Vox. You can also see what we’re up to by signing up here.
We're not sure this rumor entirely holds water, but a Columbia tipster tells us that the university-dependent retail strip along upper Broadway, which includes the late Kim's Video, had a particularly bad summer. "Columbia kids didn't have very lucrative internships this year, so they spent less money," says our source. [RackedWire]