|
|
Article: Cool sales season for room air: prices plunge as inventory piles up.(Major Appliances)
- Article from:
- TWICE
- Article date:
- August 9, 2004
- Author:
CopyrightCOPYRIGHT 2004 Reed Business Information, Inc. (US). This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
NEW YORK -- Retailers and vendors are facing another tough season for room air conditioning, thanks to unusually cool weather across most of the country. Although the summer is halfway over and the prime room air selling period has passed, dealers and their suppliers are still holding out hope for a torrid August to help move remaining inventory.
But besides creating overstocks, tepid AC sales are also putting additional pressure on pricing. The category, which independent dealers could once count on as a high margin boost to the bottom line, is now regularly footballed by national and regional chains, particularly in the smaller Btu window units, as a means to ...