Harrisburg, Pennsylvania-based D&H Distributing announced that it has experienced double-digit overall sales growth for the consumer electronics holiday season for 2017, thus setting the industry up for potential massive growth this holiday season.
D&H said that niche growth areas for the season were seen in areas like digital signage solutions (up 51 percent year-over-year from the September-November period) and connected home solutions (up 42 percent). Additionally, video gaming hardware sales through the distributor increased 56 percent, while TVs, wearables, and computers increased 13 percent, 17 percent, and 11 percent respectively. In all, D&H has experienced 7.4 percent growth in total North American sales during its 2018 fiscal year, which began in May.
"These trends contributed to a profitable year for D&H, one in which the company has been aggressively recruiting new personnel and accelerating its vendor-based programs to drive etail and retail sales as it moves toward its 100th anniversary," the distributor said in a statement. "D&H expects a 5% increase in the breadth of its customer base over the next 18 months, based on ongoing expansions to its services and support programs."