Canada's largest vinyl distributor, RPM, has told its clients that it is shutting down, effectively immediately. The announcement comes as surprising and bad news for independent record stores in Canada.
RPM President Paul Herzog informed clients this week in a letter that the distributor is ceasing operations and closing all its accounts.
The letter reads:
To all accounts,
I regret to inform you that RPM Distribution will be closing all operations effective immediately. No orders will be processed moving forward and any existing orders in the system will be cancelled. All returns on site will be processed and credits will be provided. New returns will not be issued or accepted. Limited staff will be here to facilitate and oversee accounts payable/receivables and supplier returns. Any questions or concerns can be forwarded to email@example.com.
I would like to thank you for your support over the years and I hope that we made a difference.
Concord, ON-based RPM supplied vinyl records for around 400 independent music retailers. Many independent record stores rely on distributors like RPM for the their product as they're not large enough to get direct accounts with the major labels, who often require a minimum-guarentee annual orders.