It Was A Record Record Store Day -- Especially For Vinyl
April 24, 2014 at 4:12 PM (PT)
NIELSEN reports that RECORD STORE DAY spurred record sales for the participating independent retailers. Sales during the week of the event increased 91% over the previous week's sales. That's a huge increase form 2013, which saw a 59% bump in sales from the previous week. The week's RECORD STORE DAY sold 11% more than last year's event.
"RECORD STORE DAY keeps shining the spotlight on the experience that independent record stores uniquely brings to music fans," NIELSEN ENTERTAINMENT SVP/Client Development & Insights DAVID BAKULA said. "Propelled by RECORD STORE DAY, independent record stores had their highest weekly Physical Album share in SOUNDSCAN’s history. It has become a major music event that compels artists to deliver premium content and drives music consumers to Independent Record Stores."
Other factoids from the event:
* Independent Record Stores represented 19.4% of the total national volume of all Physical Album sales this week, the highest share of Physical Album sales for the Independent stores since SoundScan started tracking sales by store strata.
* Vinyl LP sales at Independent record stores were up 280% vs. the prior week and up 58% vs. the week of Record Store Day last year. This is the most successful RECORD STORE DAY week for Vinyl LPs.
* Fueled by RECORD STORE DAY exclusives, Independent Record Stores represented 85% of the total national volume of Vinyl LPs this week. In 2013, Independent Record Stores sold 82% of the total national Vinyl LPs.
* This week represented the second-highest sales volume for the Independent Record Stores in a non-holiday week since 2008.
* RSD 2014 is the most successful RECORD STORE DAY ever for vinyl with LP sales up 58% over the week of RSD 2013.
* Vinyl LPs accounted for 52% of all album sales (CD, LP, other album formats) at Independent record stores this week. The week of RSD 2013, LPs accounted for 37% of all album sales at Independent record stores.
* Of the top 50 Vinyl LPs in the U.S. this week, 43 titles were either exclusive Record Store Day releases, or were widely released for the first time this week.
* 68 different Vinyl LPs sold more than 1,000 copies this week, compared to 17 Vinyl LPs with exceeding 1,000 copies sold during the week of last year’s RECORD STORE DAY.
BILLBOARD’s Top Vinyl LPs for the week ending 4/20/2014
1. CHILDISH GAMBINO/Because the Internet
2. AFGHAN WHIGS/Do To the Beast
3. NOTORIOUS B.I.G./Life After Death
4. BRUCE SPRINGSTEEN/American Beauty
5. JIMI HENDRIX/Live at Monterey
6. GRATEFUL DEAD/Live at Hampton Colliseum
7. TAME IMPALA/Live Versions
8. JOY DIVISION/An Ideal For Living
9. FLAMING LIPS/7 Skies H3
10. RAMONES/Meltdown With the Ramones
BILLBOARD’s Top Vinyl Singles for the week ending 4/20/2014
1. NIRVANA/Pennyroyal Tea
2. FLAMING LIPS & DEVO/Gates of Steel
3. THE CURE/Just Like Heaven
4. DAVID BOWIE/1984
5. LOVE/RUSH / 7 and 7 is
6. FRANK ZAPPA/Don’t Eat the Yellow Snow
7. PANTERA/Poison Idea/Side By Side: The Badge
8. PARAMORE/Ain’t It Fun
9. FLEETWOOD MAC/Dragonfly
10. GARBAGE/Girls Talk S**t