Open Enrollment | Subscribe to Dealerscope HERE
Connect
Follow us on
Advertisement
 

Black Friday CE Sales Slide 5.6 Percent

December 4, 2012
Get the Flash Player to see this rotator.
 
Retail sales of consumer electronics on Black Friday dropped 5.6 percent from last year, a steeper decline than expected, according to NPD Group research released Tuesday.

Successful products on Black Friday included Android tablets and larger flat-panel TVs. Less successful ones were smaller flat-panel TVs and notebook PCs.

“This slow start is merely a continuation of the challenges seen in the consumer electronics business throughout 2012,”  Stephen Baker, vice president of industry analysis at NPD, said in a statement. “In an unbalanced market, where just a few categories deliver significant dollars, and even fewer offer any growth, the ability to deliver positive results will remain difficult for companies exposed to the entire consumer electronics marketplace.”

 

Companies Mentioned:

COMMENTS

Click here to leave a comment...
Comment *
Most Recent Comments: