XXL TV Sales Surge

XXL TV Sales Surge

cnn.com

XXL TV Sales Surge

Sales of extra-large TVs (97 inches and up) are booming due to lower prices and improved technology, with retailers like Best Buy expanding their offerings to meet demand.

English
United States
TechnologyLifestyleRetailSalesConsumer GoodsTelevisions
CnnBest BuyCircanaTargetCostcoWalmart
Corie BarryBlake HamptonPaul Gagnon
What is driving the increase in sales of extra-large televisions?
XXL TVs, measuring 97 inches or more diagonally, are experiencing a surge in popularity due to decreased prices and improved technology.
How are major retailers responding to the growing demand for XXL TVs?
Best Buy is expanding its offering of XXL TVs to 70% of its US stores to meet rising consumer demand, reflecting a broader trend across retailers like Target, Costco, and Walmart.
What is one popular feature of XXL TVs that is mentioned in the article?
A key feature driving XXL TV sales is the multi-view option, which allows for easy viewing of multiple events simultaneously by splitting the screen into smaller sections.
What factor contributes to the current demand for larger TVs besides price decrease?
The increase in XXL TV sales is partly attributed to consumers replacing older 65-inch TVs purchased during the pandemic, as these models are now considered outdated by some.
What is the percentage change in price and sales of 98-inch TVs compared to last year?
The price of 98-inch TVs has dropped by 53% year-over-year, while sales have increased by a remarkable 877%.