It's been a really crazy start to the year for the consumer electronics retail industry. At least, that's the story that's been told by retailers through the Dealerscope CE Retail Confidence Index survey conducted each month. During the first three months of the new year, CE retailers have set a new all-time high DS Index score, but they've also seen their confidence level begin to drop at a not-so-great pace.
The Q1 2018 DS Index report details some of the whys and hows.
A few new wrinkles to the DS Index in 2018 include a deeper dive into specific store types and how those impact the overall confidence score. In what's turned out to be one of the other more-interesting points about the DS Index has been our breaking the survey data into retailer-size specific results. This has allowed us to paint a slightly clearer picture of just how the different retail segments within the CE retail industry (Big Box, Regional Chains, and Independents) have faired throughout the quarter.
We learned that Independent retailers, for example, are not only the lifeblood of local communities, driving commerce and economic activity at the local level, but the DS Index as well. When things are going well for the small, anti-big box retailer, things are typically going well for the economy in general. When there’s uncertainty—as there was during much of the first three months of the year on Wall Street—it has an impact that can ripple across industries and through local communities. Those retailers, as we detail in this report, struggled through the first quarter of 2018, and they pulled the DS Index down with them.
Other areas that this report looks at include:
- CE retail sales performance
- By-product confidence levels
- The impact of store size on confidence
- An outlook for the remainder of 2018
For a complete breakdown on all of this and more, be sure to download our free DS Index Q1 2018 report.