Best Buy May Cut Size of Music Section
Best Buy is giving consideration to cutting the size of the music sections in its stores by 2-to-3 percent, a company executive told the Web site Digital Music News earlier this week.
Chris Smith, a music executive with the retail giant, told the site that the company's music offerings "need to be better tailored across different stores," which should lead to some "right-sizing" of the amount of music sold by the company.
Smith also told Digital Music News that the company may go ahead with more exclusive retail deals for new CD releases, despite what many saw as the disappointing sales figures of the Best Buy-only Guns 'n' Roses album "Chinese Democracy." Smith said he will closely watch the performance of the deal recently signed between Target and Pearl Jam.