It has been reported by Business Tech that retail group Clicks says that it will be shutting down Musica in South Africa, after several years of decline.
Clicks acquired the brand in 1992, where it was a leading entertainment brand in the country for many decades, Clicks said.
However, despite a shift in more recent years from selling physical media like CDs and DVDs to more general electronics and entertainment, it has not been able to keep pace with the rise of digital streaming and online entertainment.
This has been exacerbated by the Covid-19 pandemic, the group said, which resulted in a massive drop in foot traffic over the last year.