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Consumer Electronics & Appliances Stores in the US Product Image

Consumer Electronics & Appliances Stores in the US

  • ID: 1052411
  • August 2014
  • 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 Best Buy, RadioShack, and the retail operations of Apple, Conn's, and hhgregg (all based in the US), as well as Dixons (UK), Gome (China), and Yamada Denki (Japan).

Worldwide, emerging economies with growing middle classes have the greatest potential for growth in retail sales of consumer electronics and appliances. Brazil, India, and China are among the countries expected to see retail expansion. Central Europe, Africa, and the Middle East are also being targeted for growth.

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

COMPETITIVE LANDSCAPE

Technological innovation and the need to replace or upgrade products drive demand, which also depends on consumer disposable income. 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 READ MORE >

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

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