Stimulus Checks Boosting Mobile Electronics Sales

Apr 24, 2020

Mobile electronics retailers, reps and distributors are reporting a notable boost in sales following the release of government stimulus payments to consumers, according to a CE Outlook poll.

Dealers have reported back to the magazine that sales are up 20% to 300% in the mobile electronics segment since stimulus checks hit consumers’ bank accounts, and according to several respondents, the bump in sales could last for several weeks.

Click here to head over to CE Outlook and hear how retailers are being impacted by the consumer stimulus package.