Jim Cramer: Best Buy Should Stop the Music

From TheStreet.com:

Best Buy should get out of the business of selling CDs, Jim Cramer said on The Street.com Wall St. Confidential Web video Friday.

Although Cramer says the consumer electronics retailer "really has this field to itself," it has a "tremendous amount of floor space" devoted to music CDs.

Cramer called CDs a "going-away business. Way too much floor space devoted to a dead weight category."

Cramer said many people get their music from iTunes, and that's a trend that's going to continue.

"The weakness is what they have on the floor," Cramer said, "but the strength is that they may be the only game in town."

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