NewsMay 22 2018

Call It A Comeback: TWICE Top 100 Consumer Electronics Retailers Sales Near $140 Billion

Voice Control, Mobile Shopping, Inventory Diversification Trends Alter Retail Landscape

TWICE Top 100 Consumer Electronics Retailers sales totaled $139.56 billion in 2017, up 3.3% from 2016more than double the previous year’s increaseaccording to the first in an annual series of must-read industry research reports published today on TWICE.com.

Additional significant intelligence in the Top 100 CE Retailers Report and analysis from TWICEthe industry’s most trusted source of consumer technology insightincludes reveals of the top five consumer electronics growth categories, how voice control and mobile shopping are changing the customer experience, and other key data points, such as:

  • Best Buy solidified its lead in the race for top tech retailer.
  • Nine of the top 10 retailers experienced year-over-year sales growth.
  • The top 10 retailers accounted for almost 86% of total sales.
  • Some dealers are diversifying inventory to grow revenue (and succeeding).

Published shortly after retailers file year-end financials, the 2018 TWICE Top 100 was created in partnership with Senex and features an expanded amount of breakout analysis. It’s available for purchase in the NewBay Online Store. To order and immediately download the latest report, click here.

Additional reports in the series to be made available for purchase in the NewBay Online Store as they are released in upcoming weeks on TWICE.com include:

  • Top 50 Major Appliance Retailers (to be released June 4, 2018)
  • Top 25 Consumer Electronics E-tailers (June 18, 2018)
  • Top 100 Combined (consumer electronics, appliance retailers) (July 9, 2018)

For further analysis of the TWICE Top 100 Consumer Electronics Retailers Report, including multimedia coverage, click here.

 

For the full press release, see here.