Home Business News Sainsbury’s halts CDs and DVDs sales as streaming giants take over

Sainsbury’s halts CDs and DVDs sales as streaming giants take over

by LLB Editor
9th Jul 21 7:12 am

Sainsbury’s has stopped selling CDs and DVDs amid the dominance of streaming services.

“Our customers increasingly go online for entertainment, so earlier this year we took the decision to gradually phase out the sale of DVDs and CDs, so that we can dedicate extra space to food and popular products like clothing and homewares,” Sainsbury’s said.

However according to the British Phonographic Industry (BPI), the value of record sales in 2021 is expected to surpass that of CDs for the first time since the late 1980s.

“The CD has proved exceptionally successful for nearly 40 years and remains a format of choice for many music fans who value sound quality, convenience and collectability,” said a BPI spokesperson.

“Although demand has been following a long-term trend as consumers increasingly transition to streaming, resilient demand is likely to continue for many years, enhanced by special editions and other collectible releases.

“If some retailers now see the format as less of a priority, this will create a further opportunity for others, such as independent shops and specialist chains such as HMV, to cater to the continuing demand.”

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