I’m one of those people that has to have the physical copy of the album in order to officially “own” it. If I download it, it’s on my phone, my iPod, my computer… yes. But there’s nothing like having the physical copy of it in hand. (Not to mention the sound is not nearly as good as an .mp3). And because of this, I’ve been going to local music stores as much as possible to shop for music. Going to department stores in the CD section has gotten progressively worse over the years because of soaring digital music sales.
But Best Buy, on the other hand… They’re not just downgrading their music section. They’re revoking it COMPLETELY.
July 1st is when Best Buy will stop selling CDs in their stores. With the total sales of CDs going down 18.5% in 2017, it’s forcing stores to stop selling them, or even changing the way they’re being sold.
Target is another example of this. According Billboard,
“Target has demanded to music suppliers that it wants to be sold on what amounts to a consignment basis. Currently, Target takes the inventory risk by agreeing to pay for any goods it is shipped within 60 days, and must pay to ship back unsold CDs for credit. With consignment, the inventory risk shifts back to the labels.”
Damn, this is kind of making me sad! I remember the days of going to Sam Goody after school to get a new release, or even going to WalMart at midnight to get it! Doesn’t even seem like it’s been that long ago, but now all you have to do it hit the Download button on your phone. Unreal. Read the rest of the story from Billboard HERE.