Skip to main content

End of an era? Best Buy set to stop selling CDs

And Target could follow.
  • Author:
  • Updated:

What's happening?

Best Buy is reportedly going to stop selling CDs, with Billboard reporting the Richfield-based retailer has informed music labels it will pull them from its stores on July 1.

It will continue to sell vinyls for a further two years, the website notes, honoring commitments it has made to vendors.

Is this surprising?

Not really. Ever since the advent of music streaming and the introduction of the iPod, CDs have been on borrowed time.

That said, it was only in 2014 that digital music sales outstripped CDs for the first time, according to Motherboard, so they have remained pretty resilient despite the rise of online sales.

Billboard says CDs now only make up about $40 million of Best Buy's sales, whereas in the past it was one of the core pillars of its business.

This is another step in what is looking like a much-different future for the electronics retailer.

GoMN spoke to retail experts in summer 2016, who said that in 5-10 years time they expect products like CDs and DVDs to disappear from Best Buy's shelves.

The rise of online giants like Amazon are eating into Best Buy's business, but it still has a big role to play in the electronics market going forward thanks to the success of its Geek Squad.

Will Target follow?

Another Twin Cities retailer, Target, is also considering major changes to its CD offering, according to the same Billboard report.

The Bullseye is rumored to have issued an ultimatum to labels that would see it implementing consignment-based sales – only paying for the CDs that it sells, rather than its current model of paying for all the CDs it is shipping within 60 days.

GoMN has contacted Target for comment.

Next Up

Screen Shot 2022-10-02 at 7.18.52 PM

Rolled semi, livestock on freeway interchange in Woodbury

Traffic cameras showed what appeared to be hogs on the side of the road.

Eric Reinbold

Reinbold guilty of murdering wife with 'particular cruelty'

Eric Reinbold, 46, was convicted of two counts of murder in the second degree in Pennington County Friday.

police tape

Armed assault suspect arrested after standoff in Waite Park

The standoff ended early Saturday when officer obtained a warrant for the home.

Screen Shot 2022-10-02 at 9.06.25 AM

3 dead after plane crashes into house in Hermantown

Two people in the house were uninjured.


Destructive fire at Maple Grove greenhouse and nursery

The fire burned early Sunday morning at a longtime Maple Grove greenhouse and nursery.

st. cloud state university hockey

SCSU player hospitalized after being taken off ice on stretcher

Luedtke was checked into the boards in the first period and down for a reported 10-15 minutes.

Amber alert wisconsin

Amber Alert in Wisconsin: Search for missing 15-year-old girl

Police believe 15-year-old Kryssy King may be with a 22-year-old man.

Screen Shot 2022-10-01 at 10.18.12 AM

3 St. Paul fast food restaurants robbed in space of an hour

The thieves struck between 7:15 p.m. and 8 p.m.

Screen Shot 2022-10-01 at 9.06.40 AM

What to do with the Kmart site? Minneapolis wants your ideas

The project will connect Nicollet Avenue south of Lake street and north of the Midtown Greenway, reestablishing a street grid.

Screen Shot 2022-10-01 at 7.53.55 AM

Crowd evacuated at end of homecoming football game in Brooklyn Park

Police blamed 'unruly teens' in the stands and some who were trying to enter the stadium.


Best Buy just stopped selling unactivated iPhone Xs

It comes days after the company slapped a $100 surcharge on the $999 phones.

For the first time, Best Buy will sell TVs on Amazon

Best Buy will sell items on for the first time.

Best Buy is ending its Gamers Club Unlocked discount program

It's a blow for gamers, who get decent discounts in exchange for a 2-yearly fee.

Best Buy is selling an app-controlled evil R2-D2

The sought-after gadget will go on sale next month.

Best Buy is selling an app-controlled evil R2-D2

The sought-after gadget will go on sale next month.

Best Buy is closing its Mall of America store

It's come to the end of its 10 year lease.

Best Buy confounds expectations with huge rise in sales

But it's not all good news for the Richfield retail giant.

Best Buy reveals 11 exclusive tech in 'special edition' sale

The Richfield-based retailer means business this Christmas, and has revealed its latest pitch at holiday shoppers