By John Young
Updated March 02, 2009 at 12:00 PM EST

The five remaining Virgin Megastores in the U.S. will close by summer, according to The Wrap. The stores are located in Los Angeles, San Francisco, Denver, Orlando, and New York — the last of which will become a Forever 21 store in April. Virgin Megastore, as well as many other music retail establishments, have been having trouble keeping pace with online businesses such as iTunes and