Household Appliance Stores Industry Overview

Excerpt from Household Appliance Stores Report

The US household appliance store industry includes about 9,000 stores with combined annual revenue of about $15 billion. Major companies include ABC Appliance, Conn's, hhgregg, and PC Richard & Son. The industry is fragmented: the 50 largest companies account for about 40 percent of industry sales.

Competitive Landscape

Demand is driven by home sales, replacement due to product failure, and home remodeling. The profitability of individual companies depends on effective marketing and merchandising. Large companies can negotiate volume discounts from manufacturers. Small companies can compete effectively by offering superior customer service or specializing in product segments.

Products, Operations & Technology

Major product segments include kitchen, laundry, and small household appliances, and TVs. Kitchen appliances include refrigerators, freezers, dishwashers, and microwaves. Kitchen and laundry appliances are often referred to as "white goods." Other household appliances include room air conditioners, dehumidifiers, and vacuum cleaners. Appliance retailers may also sell consumer electronics, including video and audio equipment. Stores typically offer extended warranties and delivery, installation, or repair services.