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Best Buy says CDs are out, vinyl is in

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Retail giant Best Buy told Billboard they will stop carrying CDs in store in July because compact discs are out and vinyl is in. 

Did you ever think you'd see the day where you could buy vinyl records but not CDs?

The once commonplace digital music format is getting hammered in the US. CD sales were down 18.5 percent last year and some experts pin Best Buy's CD receipts to just $40 million annually. 

In an interesting twist, the store committed to carrying records for the next two years. 

The vinyl format has enjoyed a resurgence lately.

You're also likely to see fewer CDs at Target stores in the coming months. Executives there are reportedly insisting they will only pay music companies for the discs they sell instead of paying upfront for inventory. 

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