I guess that it’s the end of the CD revolution. Starting July 1, Best Buy stores officially stopped selling CDs.
According to an article on Billboard entitled Best Buy to Pull CDs, Target Threatens to Pay Labels for CDs Only When Customers Buy Them, Best Buy was the “most powerful merchandiser in the U.S.” However, the article says that it’s now a “shadow of its former self,” because they have a “reduced and shoddy” CD selection.
With that being said, there are still options for you if you enjoy collecting physical music. Best Buy will still continue to sell vinyl records — for the time being.
However, while Best Buy is removing CDs off of the shelves entirely, Target is trying to change its agreement to suppliers. The article says that Target now has demanded to music suppliers that it wants to be sold on a “consignment basis.” This means that the risk of shipping unsold goods is now on the label.
Previously, if a CD doesn’t sell in the san of 60 days, the article says that Target takes the “inventory risk” by agreeing to pay for any goods that is shipped within 60 days. Due to this, they must pay to ship back unsold CDs for credit.
The article says that Target demanded this as an ultimatum. But, imagine if record labels don’t agree to it. That means the phase out of CDs could happen much faster.
Of course, this comes as no surprise. Many listeners have now used streaming services as their primary method to get music. Now, many new cars don’t even have CD players in them. Instead, you just can plug your phone in by using USB or an auxiliary cable.
Needless to say, all of this has taken a direct impact on CD sales.
However, you still have options if you opt to collect physical copies of music. One is to get them online. The second is to support local music stores, such as Merle’s Record Rack in Orange.
Suffice to say, CDs are on their final leg.