UK's largest music retailer to stop selling CD singles

CD single format is in "terminal decline

The U.K.'s biggest music retailer Woolworths Sunday announced that it is axing sales of CD singles.

Woolworths currently sells one in three of all audio CDs in the U.K., but said it believes competition from downloads means the CD single format is in "terminal decline."

From August 2008 Woolworths will sell only single tracks via its own download Web site — competing with operations such as iTunes.

Eight million CD singles were sold in Britain last year, when there were 72.6 million music downloads.