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Best Buy Will Stop Selling DVDs After This Year

Hayley by Hayley
October 17, 2023
in News
0
Best Buy Will Stop Selling DVDs After This Year

FILE - A woman walks with a boy to the Best Buy store at the Mall of New Hampshire, Tuesday, Aug. 4, 2020, in Manchester, N.H. Best Buy reported declines in fiscal first-quarter sales and profits, Friday, May 25, 2023 as the nation’s largest consumer electronics chain continues to wrestle with a consumer spending slowdown in gadgets. However, the company’s profit beat Wall Street expectations even as sales were below expectations. (AP Photo/Charles Krupa, File)

It’s about to be the end of an era! Best Buy announced they will stop selling DVDs and Blu-ray discs at the end of the 2023 holiday season. They said streaming has made DVDs obsolete, and they can use physical space in their stores and warehouses for tech products in higher demand.

Best Buy’s exit from the market will leave Walmart, Amazon, and Target as the top retailers stocking DVDs. Walmart reportedly controls 45% of the market. With that being said, Best Buy’s choice definitely makes sense. Even though I’m sad to see DVDs go, I couldn’t tell you the last time I bought one. Excited to see what Best Buy does with the extra space! 

Tags: best buyDVD
Hayley

Hayley

Voted “Biggest Gossip” in high school, so I made it my career! On Air: Afternoons 2:30PM-7PM

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