Home appliance inventory shortages were the prominent setback in early 2020. We’ve been adjusting ever since, but that was just the beginning as new headwinds would soon follow.
As we wind our way through the first quarter of 2021, we are reminded of the remarkably challenging year that was 2020. When it comes to appliances, our industry continues to dig out of a global pandemic, but there is light ahead.
How did COVID impact the home appliance business during the first half? The answer to that could depend on who you ask, but there are enough headwinds and tailwinds to go around.
The constant need for home appliances creates opportunity for your business and the Independent retail channel to serve as the preferred shopping destination for consumers.
The smart home is no longer a gimmick or a fad but instead has become a part of millions of households worldwide. From the simplest of daily routines – such as turning your lights or music on or off – to protecting what matters to you most, your family, there’s a good...
Economic indicators aside (unemployment, housing market, wage growth, etc.), total television revenue grew an incredible 6% in the domestic market from the previous year (2017 vs. 2018). This is due largely to the recovery in personal disposable income, which –...