Page Last Updated: 12/22/2020
Hello Everyone,
Please click here to view numbers through Week 48.
Sometimes we all feel like we are losing! Every time we lose a sale to the competition because they have the item and we don’t, our blood pressure goes up. Every time a customer cancels a sale and we have to open the cash register and refund money it hurts! Every time each day when we look around our stores and are concerned for our employees safety it hurts!
Yet we have to be thankful that we are selling appliances and we are not in the travel or hospitality business.
This is the time to be thankful for Family and Friends. "Be thankful for what you have; you’ll end up having more. If you concentrate on what you don’t have, you will never, ever have enough.”
Now for the bad news! We are down 1.82% in compactors. 😂😂
Please refer to this file. We are winning the battle! November and December has been tough as we see the nationals getting more product but we are getting product too.
Our inventory went from 20 million in stock to 25 million within the last 2 weeks. Nationals had a poor November so we are getting product reallocated to us.
We are still seeing individual models that are struggling and dates being pushed out till February and March. Today I saw a couple of GE models with dates in May.
Thanks for all your support.
Happy Holidays and a Healthy New Year!
Rob
Robert Balzano
Executive Director of Merchandising
The New England Appliance & Electronics Group
126 Grove Street, Franklin, MA 02038
Tel: 508.528.4500 x1103 Cell: 203-641-8115
Email: rbalzano@neaeg.com