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Circuit City phasing out VHS tapes

Written by Petteri Pyyny (Google+) @ 23 Jun 2002 5:59

U.S. second largest consumer electronics retailer, Circuit City, is phasing out its VHS selection in many of its stores and plans to increase significantly the DVD selection instead, says Friday's Washington Post.
Move comes after American consumers have adopted the digital format as their number one choice. VCR sales have declined during the last year while DVD player penetration is currently at 30 per cent and is rising rapidly.

U.S. number one consumer electronics retailer, Best Buy, is not going to drop VHS yet, but is going to increase the DVD selection dramatically while keeping the current VHS offering at current level.

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