Electronics and Appliance Specialist Retailers

While electronics and appliance specialist retailers was affected by the closure of non-essential outlets and consumers’ reluctance to visit brick-and-mortar outlets because of concerns about exposure to the COVID-19 virus, the channel proved more ...

Along with other non-essential retailers, when the COVID-19 pandemic hit Germany and the government mandated outlet closures associated with lockdowns from mid-March, electronics and appliance specialist retailers suffered notable losses in revenue. ...

Electronics and appliance specialist retailers was already starting to struggle prior to the emergence of the pandemic due to stiff competition from e-commerce and slim profit margins throughout the review period, as consumers increasingly moved ...

Overall, the electronics and appliance specialist retailers channel recorded heavy losses in 2020. Despite these losses, however, retailers in this category were able to retain certain sales thanks to remote working and home seclusion. The widespread...

As school closed and many offices moved towards remote/smart working, there was a spike in sales as consumers prepared for lockdown. These measures to help stem the spread of the virus led to high demand for computers, laptops and desktops, while ...

Electronics and appliance specialist retailers resorted to heavy discounting to drive sales in 2020, given that consumers have become more restrictive about their spending, thus placing higher pressure on profit margins and especially so due to rise ...

As in recent years, in 2020 overall current value sales in the electronics and appliance specialist retailers channel continued to decline, albeit at a much higher rate than the rest of the review period. The poor sales performance was mostly ...

During the pandemic in 2020, the need to stay at home prompted many customers to intensify purchases of certain consumer electronics products. The need for faster and more reliable access to the internet caused an increasing interest in network ...

Electronics and appliance specialist retailers have been heavily impacted by COVID-19 in 2020. The most direct cause of the sharp drop in sales has been the shuttering of stores from March to July, as the government struggled to contain the virus by ...

Electronics and appliance specialist retailers suffered a double-digit decline in value growth in 2020 due to the lockdown of stores from March until late June. However, sales began to bounce back once stores reopened in July, despite the rise in VAT...

Electronics and appliance specialists were negatively impacted by COVID-19 and suffered a reduction in current value sales. Shops were obliged to close for several weeks and while there were increased value sales through e-commerce channels, it did ...

Electronics and appliance specialist retailers witnessed a significant decline in value sales in 2020. In addition to growing competition from e-commerce and narrow profit margins, the sales channel was further challenged by mandatory store closures ...

COVID-19 had a significant effect on the retail current value sales of electronics and appliance specialist retailers in 2020. Lockdown measures disrupted the operations of these stores for several months, while the economic shock of the pandemic led...

In 2020, electronics and appliance specialist retailers recorded strong retail current value growth, spurred by the home seclusion of the COVID-19 pandemic. As consumers spent more time at home, many chose to spend their money on new items to use at ...

Store-based retailing was hard hit during the first wave of the pandemic as consumers restricted the frequency of their shopping trips, particularly to channels deemed to stock non-essential items. Outlets were required to implement early closing ...

Electronics and appliance specialist retailers were impacted by mandatory store closures in March during lockdown. Moreover, during the first lifting of restrictions, only shops up to 200 sqm were allowed to open. Electronics and appliance specialist...

The shock and panic created by the COVID-19 health crisis and strong government responses around the world to halt the spread of the virus resulted in significant growth in the numbers of people working from home. Many businesses that would never ...

Electronics and appliance specialist retailers did not suffer from mandatory store closures due to COVID-19 as Norway did not enforce a strict lockdown. While players experienced reduced footfall due to fear of the pandemic, this was compensated by a...

The Colombian Government established days without VAT in 2020 in order to stimulate sales across a wide range of retailing channels. Although there is no official information available on the breakdown of products sold on these days, to avoid ...

While Sweden did not introduce a lockdown or enforce restrictions, there was nonetheless a significant swathe of the population which took it upon themselves to self-isolate at home. With more time at home there was increased demand for products ...