Tuesday, June 17, 2008

Appliance Sales Flat For Major Dealers in 2007

Twice Magazine's Top 100 Appliance Retailers Report finds that white goods sales for those companies dipped just 0.3% in 2007 from 2006 to $25.03 billion.
Says the report,
"Smaller independent dealers regained lost ground, the report shows, supporting claims of market share gains by the major buying groups.
Also weathering the storm were retailers that cater to the carriage trade, operate outside the hardest-hit real estate markets, or have limited exposure to the builder channel."

Sears led the group with $8.3 billion in major appliance sales, down 7.3% from 2006.

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