Filed under: News | Technology News
Apr 27 2009, 8:55pm CDT | by Luigi Lugmayr
In response to sagging CD sales, electronics retailer Best Buy may soon start selling vinyl records, according to a report in the New York Post.
The report goes on to claim that Best Buy is considering dedicating 8-square feet in each of its 1,000 plus stores, leaving room for approximately 200 albums, after a test in 100 select stores proved successful.
The reason behind the seemingly bizarre move? Vinyl sales are up. The report claims that vinyl record sales grew15 percent year-over-year in 2007, and 89 percent in 2008, while CD sales have fallen roughly 20 percent in each of the last few years.
Best Buy currently sits in third place behind iTunes and Walmart in terms of total US music sales.
[Via Gizmodo]
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Luigi Lugmayr
Luigi is the founding chief Editor of I4U News and brings over 15 years
experience in the technology field to the ever evolving and exciting
world of gadgets. He started I4U News back in 2000 and evolved it into
vibrant technology magazine.
Luigi can be contacted directly at ml@i4u.com. Luigi posts regularly on LuigiMe.com about his experience running I4U.
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