New Routes to Revenue (Top 50 Retailers)
Economic Woes Push Retailers Into Uncharted Business Territories
By Laura Spinale
Whether expanding into foreign climes, ferreting out new markets domestically or buffing up or scaling back operations, a plethora of North American consumer electronics retailers plotted new business courses last year. The Top 50 CE retailers listed in this year's registry rang up a whopping $109.79 billion in sales during 2002, a 7.29 percent increase over the $102.33 billion earned in 2001. But those sales didn't come easy.