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Research and Markets: Consumer Electronics Stores: Industry Includes About 27,000 Stores, Including Best Buy and Radioshack, With Combined Annual Revenue of About $60 Billion

DUBLIN, Nov 12, 2010 (BUSINESS WIRE) -- Research and Markets (http://www.researchandmarkets.com/research/84dba3/consumer_electroni) has announced the addition of the "Consumer Electronics Stores" report to their offering.

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Executive Summary Brief Excerpt from Industry Overview Chapter: The US consumer electronics store industry includes about 27,000 stores with combined annual revenue of about $60 billion. Major companies include Best Buy and RadioShack. The industry is highly concentrated: the 50 largest companies account for 80 percent of sales.

COMPETITIVE LANDSCAPE Technological innovation and the need to replace or upgrade products drive demand. Profitability for individual companies depends on the ability to generate store traffic and repeat business, as well as effective merchandising.

Large companies enjoy economies of scale in purchasing and marketing. Small companies can compete effectively by offering specialized products or superior customer service.

Competitors of consumer electronics stores include discount stores, warehouse clubs, department stores, Internet and mail order retailers, and specialty office and computer retailers.

PRODUCTS, OPERATIONS & TECHNOLOGY Major product segments include computer equipment, TVs, audio equipment, video equipment, phones, and electronic games. Computer hardware and software account for about 25 percent of sales; TVs, audio equipment, and telephones account for about 20, 20, and 15 percent, respectively. Audio equipment includes stereo components, MP3 players, CD players, car stereos, home theater audio systems, and accessories. Video equipment includes video recorders, video cameras, videotapes, digital cameras, DVDs, and electronic game devices. Other sources of revenue include installation and repair or maintenance agreements, along with resale of third-party wireless phone, Internet access, or satellite TV or radio service.

Key Topics Covered: Industry Overview Quarterly Industry Update Business Challenges Trends AND Opportunities Call Preparation Questions Financial Information Industry Forecast Website and Media Links Glossary of Acronyms For more information visit http://www.researchandmarkets.com/research/84dba3/consumer_electroni Source: First Research SOURCE: Research and Markets CONTACT: Research and Markets Laura Wood, Senior Manager, press@researchandmarkets.com U.S. Fax: 646-607-1907 Fax (outside U.S.): +353-1-481-1716 Copyright Business Wire 2010 -0- KEYWORD: United States

North America INDUSTRY KEYWORD: Technology

Consumer Electronics