the laser disc player would have made a great cd player
It was good for it's time. However the new blue ray players are cheaper & are being optimised for the new 4k TVs.
You can even buy models which are multi-voltage & multi-region.
Current 4K TVs cost a bomb but prices are slowly coming down. There is really no rush because to take advantage of the new 4k TVs, they will have to re-master the movies.
I have a collection of DVD movies but don't think it's worth while to replace them with Blue Ray versions
Nowadays I am more likely to watch movies on the internet. Once I upgrade to fibre I will take a look at services like Netflix, Amazon, Hulu,..
I think it is the trend & that's why you see fewer video stores around.