Wal-Mart Replacing Music with Blu-ray?
Posted by Dave Cowl
closeAuthor: Dave Cowl
Name: Dave Cowl
Email: dave@formatwarcentral.com
Site: http://www.blu-raystats.com
About: Originally from New Zealand, Dave now resides in the San Francisco Bay Area. With a doctorate in Electrical Engineering, Dave's day job
involves developing high resolution LCoS projectors.
Dave also has a strong interest in cinema and film making, and has
always been an early adopter - he still uses his Sony DVP-S7000 DVD
Player and also owns first generation Blu-ray, HD DVD and DTheater
D-VHS equipment.
Dave has been following the HD Disc format war since the beginning,
which resulted in the Blu-ray Statistics and HD DVD Statistics
websites, designed to track the studio progress with features as they
have released HD media product.See Authors Posts (353) on November 6, 2008
Filed Under: Blu-ray, Format War, Retailers, Software, Wal-Mart
Home Media Magazine is reporting that Wal-Mart stores are downsizing shelf space used for music CDs and increasing space for Blu-ray and consumer electronics in select locations, according to a new report.
Citing a 23% drop in CD sales during the first four weeks of the fourth quarter, Wal-Mart continues to reduce inventories of music packaged media; replacing it with electronics and movies.
“We believe Wal-Mart is increasing its exposure to consumer electronics, video games and Blu-ray, and reducing floor space devoted to CDs and standard DVDs,” said Richard Greenfield, a Pali Capital analyst.
John Fleming, Wal-Mart’s chief marketing officer, said in an analyst meeting last week that electronics would be getting space expansion in stores due to the decline in physical packaged media.
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- NPD Says Intent-to-Buy Blu-ray Grows
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Tags:
Blu-ray,
blue-ray,
CD,
consumer electronics,
electronics,
floor space,
Game,
Movies,
shelf space,
stores,
wal-mart
Now if WalMart could just lower their prices on BD…..