PORTLAND - Another Portland record store is calling it quits after 40 years.
“For What it's Worth” owner John Gregos started in the music business in 1972, selling cassettes and 8 track tapes out of a mattress store.
At one point during the 1980s, he had some 11 stores in Oregon, Washington and Alaska.
For the past several years, he's been selling music online. Gregos said rates for overseas shipping had increased so much, he was losing business. He went from 100 orders a week to just three or less.
“I'll miss the people and the music and the new releases and all that, and all the acts I had in store,” he said. “We had many acts in store, autograph sessions, I sponsored so many tours, basically anytime I go to a show, it's an all-access pass, so I’m there rubbing elbows with bands and having a good time.”
For the next two months, Gregos is liquidating his music catalog at a store on Southeast 82nd, between Johnson Creek Blvd and Sunnyside Road.
KGW Business Reporter Joe Smith contributed to this report