The beleaguered compact disc, made increasingly obsolete in the age of streaming, now has found itself in the bargain bin.
Richfield, Minn.-based Best Buy, once one of the bigger music retailers with several aisles of CDs, now has a time capsule to another era jumbled up inside the $5.99 bargain bin. Lynyrd Skynyrd, the Who, Cat Stevens, Billy Ocean, Lionel Richie — all a nod to the aging demographics of those who still buy them.
“Does anybody remember the last time they bought a CD?” Best Buy CEO Hubert Joly asked rhetorically earlier this year in confirming the retailer is “de-emphasizing” the category.
The truth is that CDs have been in a freefall for more than a...