Retail Observer

January 2021

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

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RETAILOBSERVER.COM JANUARY 2021 6 Moe Lastfogel Moe's Musings Views Happy Retailing, and be safe- H appy 2021 to all of our readers and partners. 2020 was a different kind of year to be sure. I've been watching the current trends and this industry is rocking, as long as the product is available that is. Appliances, electronics, plumbing and furniture sales are up in all categories as consumers find their current products don't meet their current needs. Looking at the state of things with the Covid situation, new categories have opened for sales although the products themselves have been around for a while. In the appliance sector, companies like Liehberr, Summit, Frigidaire and Danby all have medical low temp freezers available that can be sold to the health care industry for vaccine storage. Laundry is also a category for hygiene that many businesses outside of your current customers are needing in order to handle PPE products (masks and cleaning materials. ) Plumbing Hygiene is another category that is taking off. Touchless faucets featuring electromagnetic sensors with a hands-free design and commercial foot pedal controls are starting to be specified more and more. Bidets are also a great option as an add-on sale to address current toilet paper issues. Wellness, home security and outdoor dining are also great areas to invest in new products for resale. UV sanitizers, video surveillance and controls, gun safes and outdoor accessories like bar carts have all started to show up in retail offerings. No matter in which category you sell or specify, there are many new revenue opportunities out there. You just have to find the correct clients with those needs and assist them in getting the products that can fulfill those niches. As we go into 2021, we will help facilitate you with news of these new products as they come available. PRODUCT IDEAS FOR 2021 We proudly support the following trade associations and buying groups throughout North America whose news and information greatly contribute to the quality of The Retail Observer and the education of our readers. THE RETAIL Follow us on: Join us at: Become a Fan:

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