However, Best Buy said it will continue to carry vinyl records for another two years.
With the fact that inventory of CDs are hard to move in the digital age of iTunes, Amazon, and more, the stores are looking to pull back or pull out completely, and Best Buy isn't the only one.
According to Billboard, Target has demanded to music suppliers that it wants to be sold on what amounts to a consignment basis. That means Target would only pay labels for CDs when customers buy them, rather than buying the CDs in bulk and paying for shipments of unsold CDs back to the label for credit. The vinyl will be merchandised with the turntables, sources state. Spotify is the top streaming music service globally and still boasts the most paid subscribers in the United States, though Apple Music is on pace to leapfrog Spotify in the USA by this summer. That specific medium for music has seen a boost lately. According to the report by Billboard, Target sold more than 500,000 copies of Reputation by Taylor Swift since November 2017 its release date. Now, Target is trying to pass the risk to labels, by changing their operations to scanned-based trading. Though Target only stocks 100 titles at any given time, it's still responsible for a sizable chunk of sales.
Despite the news, Target claims it's still going to be committed to entertainment software.
What do you think about big box stores dropping, or at least threatening to drop physical music CDs?
So that got us thinking: How much longer before Blu-rays, 4K Blu-rays, and DVDs are yanked from Best Buy store shelves?