Here is the magazine rack at my local Fry's Electronics store. They used to sell a huge array of magazines. Now they are selling blank notebook paper and spiral notebooks
It is bad enough that magazines were seen as a poor enough product that they get replaced by a bunch of generic, low-value, presumably low-margin items. But I find it especially ironic that periodicals have been replaced by blank bound paper. It implies that the paper in the magazines had value but the writing on them somehow reduced that value, such that they would rather just sell paper that is blank.