The demise of the CD

There is a report out that CD's will be defunct by 2016-probably signaling the end of the retail music store as well. If you are in your currently in your 40's consider yourself the last generation to have used all of the formats of modern recording-the LP, 8-Track, Cassette, CD & MP3 (you can throw in Reel to Reel as well). Do you  remember going to the "record store" and just browsing for music, the discount bin, shirts and posters etc. Hey I love shopping online but......