Retail Observer

May 2017

The Retail Observer is an industry leading magazine for INDEPENDENT RETAILERS in Major Appliances, Consumer Electronics and Home Furnishings

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MAY 2017 RETAILOBSERVER.COM 57 A s appliance, furniture, and mattress retailers, we easily fall into a commodity mentality. Because of this we always need new opportunities to drive incremental sales and profits by drawing more attention to our stores, and hopefully footsteps in the front door. With that thought in mind, MEGA is excited to bring two brand new categories to our dealers. At first glance, some may be wondering how these fit, but after review many members will find that these fit their business model and can drive the profits they are looking for. These two new vendors, ICON Health & Fitness and Saratoga Spas, offer products that fit well with the MEGA whole home strategy. Both vendors offer products that we all know, but these are also products with a built-in consumer base because of the recognized brand names. We believe these new lines will create a new wave of traffic in store, as well as present new profit opportunities through incremental sales. Why? Fitness has been a very large part of the Sears offering and every large regional independent retailer is in the business. ICON Fitness' National Sales VP Dave Jackman, relates that home fitness equipment is as much a part of the home furnishings industry as appliances or furniture. Based in Logan, Utah, ICON is one of the world's largest developers, manufacturers, and marketers of exercise equipment with brands including Nordic Track, Free Motion, Pro Form, Weider, and Gold's Gym. ICON has become the fitness industry's leader in technology and innovation, and continues to strive towards the advancement of each product and continue to push the envelope. Why spas? Outdoor Casual is a $4.5 billion dollar a year category, and Saratoga Spa CEO Anthony Brennan says that appliance and furniture dealers are better equipped to sell spas that any pool dealer. Saratoga Spas has 45 years of manufacturing excellence behind them with a long history of design and innovation. Saratoga Spas strives to provide the ultimate pool and spa experience through relaxation and hydrotherapy, focusing on redefining hydration, providing relief and rejuvenation through their handcrafted spas. With their suite of spas, there is something for every shopper. Saratoga Spa and ICON debuted at the MEGA Spring Show in New Orleans, both presenting individual breakout sessions on their products, and gave overviews of their specific industries. Two lucky MEGA dealers walked away from the buying show with an Adirondack Spa from Saratoga Spas, and a Pro Form treadmill from ICON. Retailers who stopped at either breakout or the buying show saw the quality available first-hand, and the ease by which they can enter both new categories. With minimal square footage requirements and a good-better-best display strategy that doesn't take a tremendous amount of inventory, each offers opportunities to position the independent retailer to compete with national and regional players, and provide a new approach for customers. RO

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