Rumormongering: We're not sure this rumor entirely…

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]For more stories from Racked, go to racked.com.

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