Major Household Appliances Are Set to Experience a Torrid 2005 as Electrical Sector is Driven by Technology

DUBLIN, IRELAND, (NAMC) - Research and Markets  has announced the addition of Electrical Retailers 2005 to their offering.
(http://www.researchandmarkets.com/reports/c27725)

Alongside growing competition and heavy margin pressure, slow market growth is increasing the challenge for specialists. The electrical market managed to maintain 2003 growth levels in 2004 - but this represents weaker growth than at any other time in the past decade. And major household appliances are set to experience a torrid 2005. While much of the electrical sector is driven by new technology, this is far less the case with larger white goods such as fridges and washing machines. Many new purchases of these lines are made on moving house. As a result the slowdown in housing transactions is having a significant impact on the fortunes of the sub sector.

Companies Discussed:

Argos

Asda

Comet

Dixons Group

Game Group

Jessops

John Lewis

Powerhouse

Tesco

The Computer Shop (Granville Technology Group)

For more information visit http://www.researchandmarkets.com/reports/c27725

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Research and Markets
Laura Wood
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