Canister vacuum cleaner, nowadays, has become a great assistant of modern housewives. How much you know about this device? Let us learn a little bit about that before we take the advantage of best canister vacuum cleaner brings to. The mass merchant (discount) store distribution channel continues to dominate and grab a larger share of the full-sized floor care market.
Know a bit about Canister Vacuum Cleaner in Its History
In 90s of 20th century, the channel owned a 19 percent share of the market. Today, its figure is growing. Three major mass merchants own the lion’s share of the business, and the names should come as no surprise: Kmart, Wal-Mart and Target. Kmart is still recognized as the largest mass merchant floor care retailer, but Wal-Mart is closing fast. Its gains have been attributed to an increase in the number of retail outlets. The chain is often cited as the mass merchant that does the most volume on a per store basis. The only reason it has less volume than the top three mass merchants is simply that it has fewer stores. As a distribution channel, department stores continued to slide. The channel’s slide is attributed to the stores’ own financial woes, as well as increasing price competition from mass merchants.