Hey, 80's babies, have you felt old today yet?
Perhaps this will remind you that your childhood is long gone.
Come July 1st, Best Buy will not sell any more CDs, Billboard reports.
This news follows a steady decrease in revenue for the store, and its peers, due to people buying music less and less in general and, course, the rapid rise streaming in the past few years.
Sources suggest that CDs only make the company approximately $40 million annually. Best Buy's around the country will continue to fer vinyls for the time being as sales for records have been on the rise for the past 3-4 years.
It's also been reported that Target will follow suit and refrain from selling CDs in the near future if their consignment fer is not met.
In layman’s terms, Target is currently made to pay for any goods shipped and not sold within 60 days labels sending them out. Consignment would mean that labels take that risk now.
This could sadly be the beginning the end for all CDs everywhere.
Do you remember what the first CD that you purchased was?