Appliances and Electronics Specialists

In 2022, appliances and electronics specialists saw a partial recovery in current value terms, after the channel suffered declines in 2020 in 2021 due to pandemic-related store closures and restrictions. Even though consumer demand for appliances and…

Appliances and electronics specialists saw a notable current value decline in 2020, with a further slower fall in sales seen in 2021. Outlets closed temporarily during the lockdown in 2020, and although working from home supported growth in sales of…

After some respite in 2021, 2022 was another challenging year for appliances and electronics specialists in China, due to a decrease in foot traffic during the lockdowns. The decline in foot traffic was the result of the spread of the Omicron variant…

After sales growth slowed in 2020 in response to the outbreak of COVID-19 and the restrictions imposed, appliances and electronics specialists witnessed double-digit growth in current value terms in 2021. The most key factor underpinning this…

After posting double-digit growth over 2020-2021, appliances and electronics specialists saw current value sales decline slightly in 2022. Trade was depressed as rapidly rising inflation caused unit prices to increase sharply and weakened confidence…

While the number of outlets in the channel stagnated in 2022, appliances and electronics specialists’ sales surpassed pre-pandemic levels thanks to growing consumer demand coupled with the rising (double-digit) rate of inflation. Innovation was a…

Sales for appliances and electronics specialist retailers bounced back in 2022, following challenges seen during the era of the COVID-19 pandemic due to restrictions, closures, and social distancing measures. Indeed, within this landscape, players…

Appliances and electronics specialists witnessed healthy growth in current value terms in 2022, while the number of outlets recovered to pre-pandemic levels. During 2020, lockdown measures forced non-essential retailers including appliances and…

The dynamics of appliances and electronics specialists in 2022 was the continuation of strong current value growth witnessed during the pandemic, when restrictions and seclusion resulted in a greater focus on creating home offices and entertainment…

Non-grocery retailing in Finland in general saw rocky years after the COVID-19 pandemic emerged. At the beginning of the pandemic, in 2020, there were categories which suffered from the changes in lifestyles (more staying at home, less going to the…

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 two years of current value decline, the shocking increase of electricity and gas prices (despite the price cap for most households), and heightened awareness of the need to reduce energy usage at a household level, generated a boost to the…

After a steep decline caused by the COVID-19 pandemic in 2020, appliances and electronics specialists had a banner year in 2021, with retail value sales coming in higher than they were even in 2019. In 2022, however, economic headwinds and a…

Appliances and electronics specialists witnessed strong value growth in 2022 as a result of higher retail prices. The shortage of imported products and the sharp increase in inflation rates in the second half of 2022 underpinned this increase. In…

The appliances and electronics specialists channel continued to see declining sales in current value terms in 2022. With COVID-19 restrictions being lifted and fears subsiding, people increasingly started to venture outside again and started spending…

Appliances and electronics specialists saw stronger than average current value growth in 2020, due to COVID-19. Increased home working practices and extended leisure time at home encouraged consumers to upgrade their technology to make their work and…