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P.C. Richard & Son, LLC Business Reports

P.C. Richard & Son, LLC Overview

Address

150 Price Pkwy. Farmingdale, 
NY 11735 United States
Phone: 631-843-4300
Fax:631-843-4309

Company Description

Best Buy has rivals, but none more so than P.C. Richard & Son. The family-owned retailer has about 65 electronics stores in the New York, New Jersey, Pennsylvania, and Connecticut area. P.C. Richard sells home electronics (DVD players, TVs), computers and appliances (microwaves, vacuum cleaners), and entertainment systems (portable electronics, video games, satellites). P.C. Richard also sells its wares online. In 2003 the company acquired the name, trademark, and customer list of bankrupt electronics chain Nobody Beats The Wiz. Founded in 1909 by Dutch immigrant and jack-of-all-trades Peter Christiään Richard as a hardware store, the business is operated by third- and fourth-generation Richard family members.

P.C. Richard & Son, LLC Company Profile Report

Purchase Report
 
$49

Hoover's industry experts provide proprietary editorial analysis supplemented with content from multiple data sources to bring you the Company Profile Report. The depth of each report varies, so be sure to view the sample and review the report contents listed next.

 

Sections Included in Report

  • Company Overview
  • Company Description
  • People
  • Biographies
  • Industry Information
  • Financial Summary
  • Historical Financials
  • Competitors List

    Company Profile Report Highlights

    • Company Description

      Quickly grasp how a company operates and understand its current business environment.

    • Industry Information

      Identify the often times disparate industries a company does business in, and find the corresponding SIC and NAICS codes.

    • Biographies

      Learn the background and technology interests of the company's executives, to better understand possible growth directions.

    • Company History

      When you want to know where a company is going, you'll be helped by first knowing where it's been. Use this to get up tp speed on a company's history.

    • Key People

      Uncover the roles and responsiblities of the management team and identify the correct decision maker, so you are sure to talk to the right contact.

    • Company Financials

      Review key financial information to gauge health and growth potential.

    Company Profile Report

    Purchase Report
     
    $49

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    Overview

    The US household appliance store industry includes about 9,000 stores with combined annual revenue of about $16 billion. Major companies include ABC Appliance, Conn's, hhgregg, and PC Richard & Son. The industry is fragmented: the 50 largest companies account for about 35 percent of industry sales.

    SIC: 5722

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    Sample Questions & Answers

    How are the company's sales affected by changes in home sales?

    Sales of new and existing homes help drive growth for appliance retailers, as consumers are highly likely to buy new appliances when buying a home. A soft housing market can significantly depress appliance sales. US new home sales fell by more than...

     

    How does the company compensate for declining retail prices?

    Retail prices for major appliances have been driven down by imports of low-priced products, mainly from China and Mexico. Increasing import volume and strong demand for low-end products contribute to flat and decreasing prices across most major...

     

    To read this full Call Prep Question and others, purchase the full report.

     

    General Report Description

    Save valuable research time, increase confidence on sales calls, and get the competitive edge to win more business with Hoover's Industry Report. Proprietary editorial analysis synthesizes hundreds of sources into an easy-to-digest format so that you can quickly understand a client's business challenges. Insight into critical business issues, industry trends and opportunities, and financial benchmarks is an integral part of each report.

     

    Sections Included in Report

    • Industry Overview
    • Quarterly Industry Update
    • Business Challenges
    • Trends and Opportunities
    • Call Preparation Questions
    • Financial Information
    • Industry Forecast
    • Website and Media Links
    • Glossary of Acronyms

      Industry Report Highlights:

      • Recent Developments

        Stay up to date on crucial industry news that may affect your strategy.

      • Trends & Opportunies

        Identify avenues for expansion and get prospects thinking about growth opportunities that justify investing in your product.

      • Call Preparation Questions

        Gain instant rappart with prospects during youir sales calls using done-for-you call prearation questions.

      • Industry Forecast

        Identify growth and integrate projections in your own business planing.

      • Business Challenges

        Engage your prospects with solution selling that makes their life easier by first understanding their pain points.

      • Executive Insight

        Identify the correct decision maker and tailor your presentation to his or her needs, and maximize the effectiveness of your pitch.

      • Financial Information

        Increase your credibility and support your presentations by adding verifiable industry metrics.

      • Web Links & Acronyms

        Speak the Prospect's language by demonstrating an understanding of industry trade associations and jargon.

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      Overview

      The US breakfast cereal manufacturing industry includes about 30 companies with combined annual revenue of about $11 billion. Major companies include Kellogg, General Mills, Post Foods, and Quaker (owned by PepsiCo). The industry is highly concentrated: the top four companies account for 80 percent of revenue.

      SIC: 2043

      NAICS: 311230

       

      Sample Questions & Answers

      How dependent is the company on the success of ready-to-eat cereal?

      Cereal manufacturers depend highly on a single type of product (cold, ready-to-eat cereal) that's overwhelmingly consumed at a single time of day. Because cereal with milk can't be easily consumed on-the-go, busy families and professionals may be...

       

      How does the company manage commodity price swings?

      The price and availability of cereal grains can fluctuate sharply due to farm yield, weather patterns, and government farm subsidies. Wheat, corn, and oat prices routinely swing 10 percent or more from year-to-year. Price and supply instability isn't...

       

      To read this full Call Prep Question and others, purchase the full report.

       

      General Report Description

      Save valuable research time, increase confidence on sales calls, and get the competitive edge to win more business with Hoover's Industry Report. Proprietary editorial analysis synthesizes hundreds of sources into an easy-to-digest format so that you can quickly understand a client's business challenges. Insight into critical business issues, industry trends and opportunities, and financial benchmarks is an integral part of each report.

       

      Sections Included in Report

      • Industry Overview
      • Quarterly Industry Update
      • Business Challenges
      • Trends and Opportunities
      • Call Preparation Questions
      • Financial Information
      • Industry Forecast
      • Website and Media Links
      • Glossary of Acronyms

        Industry Report Highlights:

        • Recent Developments

          Stay up to date on crucial industry news that may affect your strategy.

        • Trends & Opportunies

          Identify avenues for expansion and get prospects thinking about growth opportunities that justify investing in your product.

        • Call Preparation Questions

          Gain instant rappart with prospects during youir sales calls using done-for-you call prearation questions.

        • Industry Forecast

          Identify growth and integrate projections in your own business planing.

        • Business Challenges

          Engage your prospects with solution selling that makes their life easier by first understanding their pain points.

        • Executive Insight

          Identify the correct decision maker and tailor your presentation to his or her needs, and maximize the effectiveness of your pitch.

        • Financial Information

          Increase your credibility and support your presentations by adding verifiable industry metrics.

        • Web Links & Acronyms

          Speak the Prospect's language by demonstrating an understanding of industry trade associations and jargon.

        Retail Sector Industry Report

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        Overview

        The US computer and software store (computer store) industry includes about 10,000 stores with combined annual revenue of about $16 billion. No major companies dominate the industry.

        SIC: 5734

        NAICS: 443120

         

        Sample Questions & Answers

        How have retail price trends affected the company's merchandising strategy?

        Rapidly declining retail prices for computers, peripherals, and software can squeeze margins, even when companies account for decreasing manufacturer prices. Intense competition and consumer demand for affordability have resulted in falling price...

         

        How has the company developed ways to compete with multiple types of alternative retailers?

        Computer stores face intense competition from a variety of sources, including consumer electronic stores, Internet and catalog retailers, computer and peripheral manufacturers, office supply stores, and mass merchandisers. As the general population...

         

        To read this full Call Prep Question and others, purchase the full report.

         

        General Report Description

        Save valuable research time, increase confidence on sales calls, and get the competitive edge to win more business with Hoover's Industry Report. Proprietary editorial analysis synthesizes hundreds of sources into an easy-to-digest format so that you can quickly understand a client's business challenges. Insight into critical business issues, industry trends and opportunities, and financial benchmarks is an integral part of each report.

         

        Sections Included in Report

        • Industry Overview
        • Quarterly Industry Update
        • Business Challenges
        • Trends and Opportunities
        • Call Preparation Questions
        • Financial Information
        • Industry Forecast
        • Website and Media Links
        • Glossary of Acronyms

          Industry Report Highlights:

          • Recent Developments

            Stay up to date on crucial industry news that may affect your strategy.

          • Trends & Opportunies

            Identify avenues for expansion and get prospects thinking about growth opportunities that justify investing in your product.

          • Call Preparation Questions

            Gain instant rappart with prospects during youir sales calls using done-for-you call prearation questions.

          • Industry Forecast

            Identify growth and integrate projections in your own business planing.

          • Business Challenges

            Engage your prospects with solution selling that makes their life easier by first understanding their pain points.

          • Executive Insight

            Identify the correct decision maker and tailor your presentation to his or her needs, and maximize the effectiveness of your pitch.

          • Financial Information

            Increase your credibility and support your presentations by adding verifiable industry metrics.

          • Web Links & Acronyms

            Speak the Prospect's language by demonstrating an understanding of industry trade associations and jargon.

          Computer & Software Stores Industry Report

          Purchase Report
           
          $129

          Consumer Electronics & Appliances Stores Industry Report

          Purchase Report
           
          $129

          Overview

          The US consumer electronics store industry includes about 27,000 stores with combined annual revenue of about $60 billion. Major companies include Best Buy, RadioShack, and the retail operations of Apple. The industry is highly concentrated: the 50 largest companies account for 80 percent of sales.

          SIC: 5722, 5946, 5734, 5731

          NAICS: 443112, 443111, 443130, 443120

           

          Sample Questions & Answers

          How have declining retail prices affected the company?

          Retail prices for many major segments of consumer electronics products have been declining. Between 2008 and 2009, retail prices declined about 24 percent for TVs and about 13 percent for computers and peripherals. While electronics retailers have...

           

          How does the company deal with increasing competition from alternative channels?

          Consumer electronics stores face heavy competition from numerous other channels, including warehouse clubs, mass merchandisers, department stores, and Internet and mail order retailers. Internet and mail order retailers sell over $30 billion in...

           

          To read this full Call Prep Question and others, purchase the full report.

           

          General Report Description

          Save valuable research time, increase confidence on sales calls, and get the competitive edge to win more business with Hoover's Industry Report. Proprietary editorial analysis synthesizes hundreds of sources into an easy-to-digest format so that you can quickly understand a client's business challenges. Insight into critical business issues, industry trends and opportunities, and financial benchmarks is an integral part of each report.

           

          Sections Included in Report

          • Industry Overview
          • Quarterly Industry Update
          • Business Challenges
          • Trends and Opportunities
          • Call Preparation Questions
          • Financial Information
          • Industry Forecast
          • Website and Media Links
          • Glossary of Acronyms

            Industry Report Highlights:

            • Recent Developments

              Stay up to date on crucial industry news that may affect your strategy.

            • Trends & Opportunies

              Identify avenues for expansion and get prospects thinking about growth opportunities that justify investing in your product.

            • Call Preparation Questions

              Gain instant rappart with prospects during youir sales calls using done-for-you call prearation questions.

            • Industry Forecast

              Identify growth and integrate projections in your own business planing.

            • Business Challenges

              Engage your prospects with solution selling that makes their life easier by first understanding their pain points.

            • Executive Insight

              Identify the correct decision maker and tailor your presentation to his or her needs, and maximize the effectiveness of your pitch.

            • Financial Information

              Increase your credibility and support your presentations by adding verifiable industry metrics.

            • Web Links & Acronyms

              Speak the Prospect's language by demonstrating an understanding of industry trade associations and jargon.

            Consumer Electronics & Appliances Stores Industry Report

            Purchase Report
             
            $129