Joe runs Empire Records, an independent Delaware store that employs a tight-knit group of music-savvy youths. Hearing that the shop may be sold to a big chain, slacker employee Lucas bets a chunk of the store's money, hoping to get a big return. When this plan fails, Empire Records falls into serious trouble, and the various other clerks, including lovely Corey and gloomy Deb, must deal with the problem, among many other issues.