Oh Kmart, it’s not enough that you’re holding a Black Friday sale. You also have to outdo everyone else and hold a Thanksgiving Day sale. Yes, on November 24, 2011, Kmart stores that aren’t in Massachusetts, Maine or Rhode Island will be open from 6am to 9pm with more exclusive deals.
2009 Dealerscope Distributor Profiles
In 2006, Dell was affected by a massive recall of Sony batteries—batteries Dell uses to power many of its laptops. In early 2007, the company opened its first store in Shanghai. Store counts and sales represent the company’s United States operations only. Best Buy Canada is covered elsewhere in this registry. Wal-Mart is aggressively remodeling many of its stores, and some analysts believe that it will take several months before its sales begin to benefit from those efforts. Sales and store counts represent United States and Canadian operations only. Falling prices on flat panel TVs helped account for Circuit City’s disappointing third quarter sales,
A fifty-eight-year-old business continues to succeed The Bernie's of 2005 is very different from the Bernie's of 1947, though they still hold some important things in common. When Milton Rosenberg's father, Bernie, started the business as a gas station in Hartford, Conn., gas stations were called service stations. Now, with 14 stores selling major appliances and consumer electronics, service is still the key element to Bernie's success. Bernie's 14 stores serve the southern New England territory of Connecticut, Massachusetts and Rhode Island. The business carries about half major appliances and half consumer electronics, plus some Serta bedding. These stores do a brisk business with
The Effects of Low-Interest Rates on Major Appliance Sales By Natalie Hope McDonald According to the National Association of Home Builders (NAHB), annual sales of new homes totaled 976,000 units last year, with average selling prices reaching $227,500. The NAHB predicts that as home loan rates decrease over the next year, new home sales will grow with fixed interest rates forecast at a low 6 percent. For major appliance retailers, it means that among new home owners, more money is being pooled for big-ticket items. According to NAHB's February "Eye on the Economy" study, "The single-family housing market, supported by mortgage rates that have
A History of the Magazine By Grant Clauser Editor-in-Chief The issue of Dealerscope you hold in your hands is the result, or perhaps evolution, of more than 80 years of consumer electronics reporting and publishing. Like the "always-on" feature of broadband, Dealerscope has been continuously connected to the retail world of electronics. The number 80, which we settled on for our special issue, actually comes from the advent of the annual Consumer Electronics Statistical Survey and Report, which hit 80 this year in Dealerscope's August issue. This annual market share report was a feature started by Electrical Merchandising magazine in 1922, which