TWICE magazine’s Top 100 CE Retailers Report for 2019 listed about seven car audio & electronics dealers that made the cut.
The seven are retailers whose electronics assortment is largely in car electronics. So Cabela’s is included as most of its electronics is in GPS and marine audio, and Auto Zone is included because its electronics selection includes mainly car audio.
Crutchfield was listed at $304 million with one store, compared to $310 million last year, down 2 percent.
Car Toys, with 48 stores, was listed at sales of $130 million, even with last year.
Audio Express, with 27 stores, was listed at sales of $49 million, down 12 percent from 2017 at $56 million. Audio Express, however, told us the reverse was true, when you look at same store sales, where the company was up 12 percent.
TWICE listed Audio Express as closing 5 stores since 2017. The chain’s president John Link agreed it closed older, “outdated locations where the city has grown past the location. We have also relocated some locations that made sense and are on the fast track to open new locations in the right parts of town that show growth. We have also remodeled about 70% of our current locations over the past three years. …Like everyone; we are adjusting where needed and expanding where it makes sense and overall we are very happy with the results.”
Cabela’s, with 155 stores saw sales rise slightly to $40 million, up 2.6 percent from 2017 at $39 million.
Auto Zone sales were pegged at $24 million, up 3 percent from $23 million. Its store count rose to 5,618 in 2018, up from 5,471 in 2017.
Mickey Shorr, with 16 stores, saw a 2 percent increase in sales to $22 million, up from $21 million, according to the TWICE Report.
Pep Boys showed sales of $14 million, technically down 1 percent. Its store count was 974 in 2018 compared to 961 in 2017.
There are many car audio specialty chains that missed the net cast by TWICE. Custom Sounds in TX, for example, has sales of $19 million. Sales at Al & Ed’s Autosound of CA total $7.4 million.
Of course, Best Buy, Amazon and Walmart are car audio dealers as well, and were ranked in the number 1,2 and 3 slots by TWICE.
To purchase the full Top 100 Retailer Report from TWICE click here.