Electronics retailers say they are seeing strong sales during 4th qtr 1994 largely due to new products, more consumer disposable income and new merchandising strategies.
The retailers expect 1994 sales figures to be larger than those of 1993, but margins will be slim. Some areas, especially the West Coast, are still suffering from a poor economy.
Retailers’ main complaint regards the limited supply of large-screen TVs due to a glass shortage.
Electronics retailers canvassed across the country reported generally good fourth-quarter holiday business, most indicating that strong sales will most likely top last year’s figures.
Double holidays, new products, an upbeat customer mood, more consumer disposable income, and revamped merchandising strategies were among some of the reasons cited by retail operators to why their sales figures for 1994 will top last year.
However, industry observers noted that fourth-quarter profit margins again will be slim, particularly for those retailers carrying PCs or software.
Both national retailers Best Buy and Circuit City have already indicated their fourth-quarter profit margins will be lower than last year.
And some sections of the country, most notably the West Coast, are still feeling the crunch of tough economic times.
For certain retailers, the biggest complaint came in the form of limited inventory of certain large-screen TVs, the result of an ongoing glass shortage.
In the Northeast, Farmingdale, N.Y.-based P.C. Richard & Son reported Christmas ringing twice with Chanukah’s early arrival providing an extra boost in sales.
“In the metropolitan New York area the Jewish holiday is very important for gift giving. By being separate from Christmas by a matter of several weeks in effect will give us … Read More
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There are basically five categories of essential oil diffusers. Each has its strengths.
Also called essential oil misting diffuser, it is the most traditional and probably the most effective diffusers.
They always consist of a glass portion and a generally concealed pump in the diffuser base. The principle is, the essential oil is then sucked and blown propelled at high speed against the glass wall, creating a mist of pure essential oil (that is to say, thousands of micro oil particles essential in air). These micro particles are then propelled the top of the glass in your room.
Their principle … Read More