Sanity, an Australian music retailer founded in 1980, closed after failing to adapt to digital streaming and shifting retail trends.

Sanity, a major Australian music and entertainment retailer founded in 1980, declined from over 400 stores due to the shift from physical media to digital streaming and downloads. Despite efforts to adapt by expanding merchandise and cutting costs, rising fixed expenses, declining shopping center traffic, and competition from larger retailers and online platforms eroded its business. Ownership changes and restructuring, including a 2012 administration, failed to reverse its decline. By the mid-2010s, the chain had shrunk to a regional presence, surviving only in areas with limited entertainment retail options.