Major Appliances - A Year of Change
Dave Kielly, Best Buy's merchandise manager of appliances, also thought that, from the retail perspective, it may take a few months into 2001 for the industry to stabilize.
"I think it's still too early to tell who the winner is," mused Mark Buss, vice president, strategic marketing, Maytag Appliances. "Probably, Circuit City's exit wasn't the first, and it won't be the last. It seems like you see new forms of distribution opening all the time. You see a lot of growth in the home improvement sector."
But, ultimately, it's the consumer who benefits. Jay Penney, vice president of sales and marketing, Electrolux Home Products, said, "As a result of the current distribution changes, consumers have a broader selection of shopping formats than ever before."