<?xml version="1.0" encoding="UTF-8"?>
<rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
	>

<channel>
	<title>MediaMemo &#187; Borders Group</title>
	<atom:link href="http://mediamemo.allthingsd.com/tag/borders-group/feed/" rel="self" type="application/rss+xml" />
	<link>http://mediamemo.allthingsd.com</link>
	<description>by Peter Kafka</description>
	<lastBuildDate>Wed, 25 Nov 2009 21:20:46 +0000</lastBuildDate>
	<generator>http://wordpress.org/?v=2.8.4</generator>
	<language>en</language>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
	<image>
		  <url>http://allthingsd.com/theme/images/logo-rss.jpg</url>
		  <title>All Things Digital</title>
		  <link>http://allthingsd.com/</link>
		  <width>144</width>
		  <height>22</height>
	</image>		<item>
		<title>Why Are Music Sales Dropping? Because It's Hard to Buy Music</title>
		<link>http://mediamemo.allthingsd.com/20081202/why-are-music-sales-dropping-because-its-hard-to-buy-music/</link>
		<comments>http://mediamemo.allthingsd.com/20081202/why-are-music-sales-dropping-because-its-hard-to-buy-music/#comments</comments>
		<pubDate>Tue, 02 Dec 2008 12:34:52 +0000</pubDate>
		<dc:creator>Peter Kafka</dc:creator>
				<category><![CDATA[Peter Kafka]]></category>
		<category><![CDATA[digital]]></category>
		<category><![CDATA[music]]></category>
		<category><![CDATA[AC/DC]]></category>
		<category><![CDATA[analog]]></category>
		<category><![CDATA[Best Buy]]></category>
		<category><![CDATA[big box]]></category>
		<category><![CDATA[book]]></category>
		<category><![CDATA[Borders]]></category>
		<category><![CDATA[Borders Group]]></category>
		<category><![CDATA[CD]]></category>
		<category><![CDATA[chain]]></category>
		<category><![CDATA[disc]]></category>
		<category><![CDATA[floorspace]]></category>
		<category><![CDATA[GNR]]></category>
		<category><![CDATA[Guns N' Roses]]></category>
		<category><![CDATA[inventory]]></category>
		<category><![CDATA[music business]]></category>
		<category><![CDATA[retailer]]></category>
		<category><![CDATA[revenue]]></category>
		<category><![CDATA[sales]]></category>
		<category><![CDATA[shopper]]></category>
		<category><![CDATA[Target]]></category>
		<category><![CDATA[Wal-Mart]]></category>

		<guid isPermaLink="false">http://mediamemo.allthingsd.com/?p=1563</guid>
		<description><![CDATA[Americans spent billions on CDs last year. But big-box retailers are increasingly uninterested in selling the discs in their stores. Newest data point: Borders Group, which has cut its music inventory by 30 percent in the last year.]]></description>
			<content:encoded><![CDATA[<p><a href="http://mediamemo.allthingsd.com/files/2008/12/chinesedem2_03.jpg"><img class="alignright size-medium wp-image-1564" title="chinesedem2_03" src="http://mediamemo.allthingsd.com/files/2008/12/chinesedem2_03-300x225.jpg" alt="" width="250" height="187" /></a>Digital is the future, but analog is the present. Which is why <a href="http://mediamemo.allthingsd.com/20081104/going-going-not-yet-gone-cd-sales-drop-accelerating/">CD sales remain the biggest revenue driver for the music business</a>. But big-box retailers, who sell almost all of the industry&#8217;s discs, are determined to change that, by relentlessly cutting back on the amount of floorspace they allocate to CDs.</p>
<p>Latest example: Borders Group (BGP), the struggling book chain, has cut its music inventory by 30 percent in the last year, the <a href="http://seekingalpha.com/article/108158-borders-group-inc-q3-2008-qtr-end-11-01-08-earnings-call-transcript?page=-1">company said</a>. Music now occupies about seven percent of its floorspace, and the space it used to take up has been given over to higher-margin products like children&#8217;s books.</p>
<p>Borders makes up a relatively small portion of U.S. music sales, but <a href="http://www.alleyinsider.com/2007/10/how_much_will_t">most big retailers have been doing the same thing for more than a year</a>. If you don&#8217;t believe me, try to find the CD section next time you visit a Target (TGT) or Best Buy (BBY) this month.</p>
<p>The big stores will embrace individual albums&#8211;if they have an exclusive, like Best Buy&#8217;s deal with Guns N&#8217; Roses, or Wal-Mart&#8217;s (WMT) recent AC/DC promotion. (That&#8217;s Best Buy&#8217;s GNR promotion, pictured above. Lonely, isn&#8217;t it?) But beyond that, they are basically telling music shoppers, who bought some $7 billion worth of discs last year, to take their business elsewhere.</p>
<p>[<em>Image Credit: <a href="http://idolator.com/5097234/chinese-democracy-so-howd-all-that-pent+up-demand-work-out">Idolator</a></em>]</p>
<span class="fdPrintIncludeParentsPreviousSiblings"></span><span class="fdPrintIncludeParentsChildren"></span>]]></content:encoded>
			<wfw:commentRss>http://mediamemo.allthingsd.com/20081202/why-are-music-sales-dropping-because-its-hard-to-buy-music/feed/</wfw:commentRss>
		<slash:comments>13</slash:comments>
		</item>
	</channel>
</rss>