Tuesday, February 6, 2018

Farewell to CDs (Again)

Best Buy stores will stop selling music CDs, and Target could be next



Best Buy planning to end CD sales in stores     

Another sign of the digital times surfaced this week as Billboard reported that Best Buy plans to stop selling CDs. Citing anonymous sources, the trade publication said the retailer only sold $40 million worth of CDs last year, and noted that national sales of CDs were down more than 18 percent in 2017. Up in Best Buy's hometown, the Minneapolis Star-Tribune reports the company has already been shrinking the amount of floor space it devotes to music because of the trend toward streaming and downloading music in digital formats.
Baby boomers may find irony in the fact that Best Buy plans to continue selling vinyl records, in an effort to honor industry agreements. They are expected to be marketed alongside turntables.

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