Target is making changes, too.
By Robert Marrujo:: Despite having (generally) equal if not better musical quality compared to the MP3 files that consumers download to their phones and tablets, CDs are rapidly verging on extinction. At least in terms of being able to buy them at brick and mortar retail locations. It's been reported by Business Insider UK that retail giant Best Buy will cease to sell Compact Discs starting this summer. Vinyl, which has seen a resurgence in recent years, will remain stocked at the chain for at least the next two years.
Meanwhile, Target, another chain that has traditionally sold physical media like CDs and DVDs, is also making a change to how it sells Compact Discs. It will now only compensate suppliers when it actually sells CDs, versus paying for the stock up front. Target asserts, however, that it fully intends to continue offering physical media, particularly where it can get in exclusive content that can't be found elsewhere (something the retailer has been doing for awhile now).
So what' spurring this change? All a y'all who stopped buying physical media and switched to digital. Streaming services like Spotify and Apple Music have made very sizable dents in the physical media market for music, with many consumers choosing to pay a fee every month to listen to a large library of tunes versus buying songs outright. CDs are anticipated to be gone at Best Buy as of June 1, so go make your purchase of Metallica: Hardwired... to Self-Destruct, best to do it now as opposed to later!