Appliances and Electronics Specialists

Sales of appliances and electronics specialists saw significant growth in 2021, producing a rebound from the great losses that these retailers had suffered due to the COVID-19 crisis. This growth was driven by the fact that families needed to acquire…

Appliance and electronics specialists were amongst a limited number of retailers that saw increased demand during COVID-19 due to home seclusion and the increased reliance on technological goods. As such, electronics and appliance specialist…

Retail current value sales of appliances and electronics specialists rebounded in 2022, although they remained below the 2019 level due to the slumps recorded in the wake of the Coronavirus (COVID-19) pandemic. Nonetheless, demand often moved online…

The impact of COVID-19 restrictions on global supply chains was still evident in 2022, despite the easing of restrictions. Similar to retailers in other channels, retailers of consumer appliances and consumer electronics were still seeing high costs…

With consumers having become very accustomed to using online shopping for appliances and electronics during the pandemic, it is unlikely that there will be a wholesale shift back from online to offline sales in the post-pandemic period. E-commerce…

Though appliance and electronic specialists registered current value growth, constant value sales fell. Inflation spiralled in 2022, largely caused by the energy crisis stemming from the war in Ukraine, as well as global shortages of key products. On…

Sales of appliances and electronics recorded a strong value decline during the first half of 2022. This was mainly attributed to the fall of online sales (not included in this channel). Nonetheless, store-based sales were also impacted. The downwards…

Appliances and electronics specialists witnessed a solid upturn in 2021 and continued growth in 2022, a year in which retailers benefited from no lockdowns having seen a string of restrictions affecting players even during the first half of 2021.…

While the long-term trend for the category has been negative over the review period, inflation drove retail value sales growth for appliances and electronics specialists in 2022, with price increases in appliances and electronics stores being…

The emergence of the pandemic in 2020 resulted in a shift to stay-at-home lifestyles and remote working with many consumers making investments in various appliances and electronics to improve their quality of life. Popular products in demand included…

Electronics and appliance specialist retailers did not suffer as much as a result of the COVID-19 related restrictions as other non-grocery channels in 2020 and managed to post growth in 2021 and 2022. Indeed, in the context of the pandemic, with…

After reaching positive results in 2020 and 2021, the channel faced challenges in 2022, especially during Q1 of the year. While consumers were confined to their homes during COVID-19, this boosted growth for home electronics. The need to work, study…

In 2022 demand for appliances and electronics specialists in Greece showed a significant slowdown in terms of current value sales growth. People are buying electronic devices only when they are out of order, resulting in a decrease in volume sales…

Appliances and electronics specialists saw continued growth in current value sales terms in 2022, with mobile. mobile phones being the main contributor. Various deals offered by retailers in this category, including instalment plans and trade-in…

The pandemic and subsequent home seclusion created a greater need for consumer appliances and electronics as the population adapted to remote working and learning. While sales through appliances and electronics specialists declined in 2022 following…

Electronics and appliance specialists registered another positive performance in 2022, recovering in value sales terms to pre-pandemic levels, while the number of stores also grew, despite ongoing strong e-commerce sales for this product category.…

Because of the complex economic situation and low levels of sales, several appliances and electronics chains disappeared during the review period, including the leading player, Garbarino. At the end of 2021, the chain filed for bankruptcy closing all…

Appliances and electronics specialists continued growing in current value terms in 2022, thanks to the full lifting of pandemic-related restrictions and rapidly rising product prices. In spite of this, appliances and electronics specialists failed to…

Appliances and electronics specialists suffered heavy losses during 2020 as consumers went online to purchase these products as COVID-19 restrictions meant consumers were unable or unwilling to shop in store. There was a reversal of fortunes in 2021…

To sustain demand both during and after the COVID-19 lockdown, many independent store-based electronics and appliance specialist retailers offered to take orders by telephone and deliver products to consumers’ homes. Moreover, some also collaborated…