One area where Best Buy thrives is customer service. It had customer service reps and members of its Geek Squad readily available throughout the store.
One area where Best Buy thrives is customer service. It had customer service reps and members of its "Geek Squad" readily available throughout the store.
Best Buy will only be selling "value CDs" going forward. AP Photo/Paul Sakuma
- According to a Billboard report, Best Buy recently told music suppliers that it plans to pull CDs from its stores by July 1.
- The company said in a statement to Business Insider, "The way people buy and listen to music has dramatically changed and, as a result, we are reducing the amount of space devoted to CDs in our stores. However, we will still offer select CDs, vinyl and digital music options at all stores."
- Even though CD sales are dropping and physical format music is being pushed out by streaming services, many were upset with Best Buy's reported decision to pull CDs from stores.
- I went to a Best Buy store myself to see why it may have made this decision, and what Best Buy is doing to keep up with the rise of online retailers like Amazon.
Digital music streaming sites have been growing rapidly, all the while making CDs less and less relevant.
Billboard recently reported that Best Buy plans to pull CDs from all of its stores by July 1. Even though CD sales have been dropping rapidly for years, people were shocked and upset with Best Buy's decision to move forward and start pulling them from its shelves.
One reason for the ongoing decrease in sales is the rise in music streaming and digital media. With products like CDs becoming obsolete and other products being sold for lower prices online, Best Buy is fighting to stay relevant in an increasingly digital marketplace.
The company said in a statement to Business Insider, "The way people buy and listen to music has dramatically changed and, as a result, we are reducing the amount of space devoted to CDs in our stores. However, we will still offer select CDs, vinyl and digital music options at all stores." The CDs still sold in store will be "value CDs," according to Best Buy.
Carrying fewer CDs isn't the only thing Best Buy has done in recent years to keep its product offerings fresh and relevant.
Video: Businesses That Boom During Recession and Bad Economies
7 Best Flat Iron Models That Don’t Fry Hair
Meghan and Harry’s plane forced to abort landing in Sydney
Gorgeous Wedding Dresses That Are Not White – Part III
Fifty Shades of Grey nominated for National Book Award
21 Super Cool Women Outfits With Low-Slung Jeans
How to Stop a TV Addiction (for Kids)
Man Abandons Dog In Strangers Yard With Heartbreaking Note To Explain Why
Feeling Stressed Breathe your way to peace and relaxation
How to Improve Cheer Jumps
How to Protect Yourself from Common Restaurant Scams
Mony Roy Looks More Stylish In These Pics Fashion And Style In Hindi
The Coast Golf Club Little Bay
How to Become a Medicare Auditor
How to Make a Hello Kitty Cake
Join Us At Harvey Nichols To Discover The Future Of Beauty