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Article: Circuit City, Best Buy duel. (consumer electronics chains)(Tactical Solutions Inc. report)
- Article from:
- HFN The Weekly Newspaper for the Home Furnishing Network
- Article date:
- December 23, 1996
- Author:
CopyrightCOPYRIGHT 1996 MacFadden Communications Group LLC. 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)
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With the Frankie and Annettes of today logging on line, listening to Dick Dale on CD, and getting the latest weather report via their DDS dish, Circuit City has grown into the "Big Kahuna" of consumer electronics retailers. The tide is rising not only for computers, but for the entire consumer electronics industry, with 7 percent to 9 percent growth in the industry in the past two years.
In fact, Tactical projects sales to reach $86.5 billion in 1997. By the year 2000, we expect sales to top $104.3 billion! While sales growth in virtually every other durable goods category have tapered off over the past few years, sales in consumer electronics have been nearly five ...