Wednesday, 8 June 2016
Vinyl sales are still on the up thanks to Sainsbury's
If you take a trip to your local Sainsbury's, you may notice a wonderful addition to their shelves. The company decided to reintroduce vinyl back in March, and it definitely hasn't gone unnoticed by music industry figures.
According to the supermarket chain, it is the biggest retailer of vinyl in the UK; the company's sales figures for the first quarter or 2016 also show that consumer demands for the format grew by 70%.
The company have also claimed that it has an 8% market share in all vinyl sales in the UK- this is a bold claim but considering its sales figures it is definitely on the right track.
Tesco were actually the first supermarket to restock vinyl in the UK, and this increase in sales figures and customer interest from Sainsbury's has proven that vinyl is on the up again. I saw a stand of vinyl in my local Sainsbury's the last time I went there and I was so happy to see how well the vinyl is doing again.
It's not just the supermarket's figures that are great, as the overall UK sales of vinyl has increased for the eighth year in a row; surprisingly, this means that the industry makes more money out of vinyl sales than it does from streaming sites such as YouTube. More than 2 million LPs were sold in the UK in 2015- the last time that figure was so high was at least 22 years ago when Oasis and Blur were battling it out. Oh how the tables have turned.
The resurgence of vinyl is one that has made many music fans happy, particularly collectors like myself. As much as I love rooting through charity shops and boot fair stalls for LPs, there's something amazing about being able to add a vinyl to your grocery shop.
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