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Report: Best Buy to stop selling CDs

Posted at 10:18 AM, Feb 06, 2018

Did you ever think you'd see a day where you could buy vinyl records but not compact discs? 

According to Billboard, that's what you'll find at Best Buy starting this July. 

The retailer reportedly plans to pull all CDs out of its stores by then. 

The once commonplace digital music format is getting hammered in the U.S. 

CD sales were down 18.5% last year and some experts pin Best Buy's CD receipts to just $40 million annually.  

But in an interesting twist, the store is committed to carrying records for the next two years. The vinyl format has been enjoying a resurgence lately.

You're also likely to see fewer CDs at Target stores in the coming months.  Executives there are reportedly insisting they will only pay music companies for the discs after they sell them instead of paying upfront for inventory.