The Rich Get Richer in Dealerscope’s 2019 Top 101 CE Retailers
In April, Dealerscope published its annual ranking of the Top 101 consumer electronics retailers. The companies in this annual registry of tech sellers in the U.S. and Canada found that these companies achieved total CE sales of $283.958 billion in 2018—an increase of 7.5 percent over the $264.17 billion the previous year.
The promising thing to note about the Top 101 list is that, despite all of the upheaval the retail industry experienced during the 2018 calendar year, the retailers on this list mostly held strong and continued to show year-over-year growth. Whereas the struggles of major names like Sears, GameStop, and Toys R Us could have put a serious dent in the overall performance of the Top 101 that simply wasn’t the case. Retailers this year average 4.09 percent growth in 2018, which was up from 0.5 percent last year.
At the top of the rankings, Amazon shored up its grip on the consumer electronics retail industry. The ecommerce giant’s CE sales ballooned more than 21 percent in 2018, hitting $41.26 billion, extending its lead over number-two Best Buy to nearly $7 billion.