There's no official word, but the OC Register reports that markdown signs indicate the place is shutting down. Located at The Block in Orange, it’s the only Virgin Megastore in OC and one of four in California (the others being in Hollywood, SF and Ontario). We should be careful about jumping to conclusions about the whys and wherefores, but it's a pretty interesting development.

*A reader notes that the store in Ontario is closing as well. The Daily Bulletin had the news last week.