Industry Analysis & Industry Trends
Specialised electrical household appliance retailers are under pressure on a number of fronts. They are facing a weak market, and intense competition within the industry and from retailers outside the industry, both bricks-and-mortar and online stores. Department stores, supermarkets and pharmacies also sell household appliances. Specialised household appliance retailers are expected to account for 88% of the value of household appliances sold in the United Kingdom in 2011-12, with retailers in other industries accounting for 12% of sales. As such, the Electrical Household Appliance Retail industry is forecast to generate revenue of £7.84 billion in 2011-12, down 4.0% on the previous year.
Industry revenue is expected to decrease by an average 6.0%.. purchase to read more
Industry Report - Industry SWOT Analysis Chapter
This industry is in the decline stage of its life cycle. Industry value added is expected to decline as a share of the UK economy over the 10 years through 2016-17. The numbers of industry operators and employees are also forecast to fall. Competition levels in the industry are high; in addition to internal competition, the industry faces competition from department stores and supermarkets.
The level of technology change in this industry is low. Internet retailers tend to adopt technology developed by others. Computers, inventory control and point of sales terminals are the main equipment used... purchase to read more