Holiday Milestones
Black Friday set records and set the pace for how categories are sold. Now, some retailers are reacting.
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How is the climate, going forward?
You have to remember that tickets at most stores—meaning people—will be up; we’re selling more TVs than ever before but we’re making less per TV than ever before. I’d like to be making more [on margin]. The other thing is there are only so many TVs you can sell in a 24-hour period. Its great to sell more TVs, but you have to sell three TVs just to make what you sold last year on one. But [on the plus side], you have three customers, but you have three solutions and three opportunities. We’re very blessed we have a loyal customers base.
Sandy Bloomberg, Founder and Chairman of Tweeter
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- Companies:
- Tweeter Home Entertainment Group
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