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Consumer Electronics & Appliances Stores

  • ID: 1052411
  • June 2015
  • Region: United States
  • 10 pages
  • First Research

Brief Excerpt from Industry Overview Chapter:

Companies in this industry sell household appliances, cameras, computers, and other electronic goods. Major companies include Best Buy, Conns, GameStop, hhgregg, and the retail operations of Apple (all based in the US); as well as Dixons (UK), Gome (China), and Yamada Denki (Japan).

Global sales of consumer technology products are about $1 trillion, according to the Consumer Electronics Association. China is the worlds largest market for consumer electronics. India, Brazil, and other emerging economies with growing middle classes have strong potential for retail growth.

The US consumer electronics and appliance store industry includes about 50,000 stores with combined annual revenue of about $100 billion.

COMPETITIVE LANDSCAPE

Demand is driven by consumer spending as well as technological innovation, which entices consumers to replace or upgrade older products. Profitability for individual companies depends on the ability to generate store traffic and repeat business, as well as effective merchandising. Large companies enjoy economies of scale in purchasing and marketing. Small companies can compete effectively READ MORE >

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Industry Overview
Quarterly Industry Update
Business Challenges
Business Trends
Industry Opportunities
Call Preparation Questions
Financial Information
Industry Forecast
Web Links and Acronyms

Note: Product cover images may vary from those shown
Note: Product cover images may vary from those shown

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