Best Buy says bye bye to discs

Best Buy is reducing the number of DVDs and CDs it sells to make room for more current and popular products. While the retailer isn't doing away with the category entirely, it has been scaling back over recent years, consistent with the decline of packaged media and rise of digital downloads.

Best Buy Chief Executive Brian Dunn announced the move during a conference call this week. The retailer's sales were up 60% for its second fiscal quarter and as the largest remaining national consumer-electronics retailer, looks to be facing a happy and profitable holiday season. In order to make the most of it though, Best Buy is adding more hot new products like mobile devices, tablet computers and video games.