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Business News Labels & Publishers Retail
Record Store Day reports boom in sales
By CMU Editorial | Published on Tuesday 24 April 2012
This year’s Record Store Day seems to have been a resounding success, if stats released by the Entertainment Retailers Association are anything to go by. Vinyl sales were up 50% on the event last year, while some of the 230 participating stores have reported more than 100% increases over 2011. Also, seven of the 450 exclusive releases made available for the event appeared in last week’s top ten vinyl chart, while the entire top ten for physical singles is made up of Record Store Day releases, despite them only being on sale for one day.
Record Store Day coordinator and manager of Rough Trade East Spencer Hickman said: “I can’t believe just how busy RSD was again this year, there were queues round the block with fans both young and old enjoying the unique atmosphere indie stores provide ensuring that RSD has become the date music buyers are marking in their diaries. With vinyl sales again on the rise for the fifth year in a row indie record stores and RSD are proving to be more relevant than ever for the discerning music buyer”.
More detailed analysis of Record Store Day 2012’s sales data will be released later this week.
