Independent Business Awards 2010
tighten their belts they have also responded to the fierce competition with great resourcefulness and imagination. “Many polished further their
considerable sales skills with the help of retra training courses and manufacturers’ training offers. These have not only given independents insights into the latest technology and tools to compete in the aggressive market but also the confidence to stand tall in the face of such competitors as Best Buy. It was good to see that two of the industry’s leading brands have launched selective distribution strategies this spring which aim to reward retailers who add value to their brands and are able to give customers a good shopping experience. And who can do this better than the independent!”
Setting the scene for the evening Nigel
Catlow, GfK business group director, presented an overview of the electrical market’s performance in 2009 and identified the emerging product opportunities in 2010. During the first 22 weeks of 2010, the best growth was recorded in the flat panel television sector (95% increase on 2010, with large panels – above 33in and LED televisions performing particularly well). Set-top
boxes and laptops are growing fast. In domestic appliances, value growth exceeded volume growth; for washing machines it was 7.5% and for freezers - 4.4%. The sales of large capacity washers are booming; for 6-6.7kg capacity washers the growth was 31%, while for 9kg washing machines – 116% (April 2010 compared with April 2009). In the SKA sector, coffee machines are the best sellers. Also 3D TVs recorded a very encouraging performance – almost 4,000 3D panels were sold in May.
The Winners of the IBA 2009 received awards in the following categories:
BEST INDEPENDENT RETAILER AWARDS Introduced two years ago, this award category recognises electrical independents’ professional skills and service excellence and their very special place in the electrical market.
Best Large Independent Retailer - Consumer Electronics The finalists were: Barretts Digital World, Booth for Better Service, Inverurie, F. E.
Electronics (Fortuna Jersey), Home Cinema Store, Basildon and Romford, Pana Stores, South West, RGB Hi-Fi & Video, TV & Video Direct and Central Sony Centre - A Division of William Robb Limited.
Winner: Barretts Digital World
Best Small Independent Retailer - Consumer Electronics The finalists were: F C Bailey UK, Gerald Giles, Norwich, Havills, Home Cinema Store, Romford, Lutterworth Sound and Vision, Scanview Electronics, Hammersmith and Sound Technology.
Winner: Havills
Best Large Independent Retailer – Domestic Appliances The finalists were: Barretts Digital World, Colin M Smith, ForFar, David Bury, Grimsby, H.B.H Woolacotts and H. Carter and Sons.
The winner: Colin M Smith, ForFar
34 The Independent Electrical Retailer August 2010
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