The
National Alliance of Trade Merchants (NATM)
Annual Conference, held from July 23 to July 26 at the Omni Frisco
Hotel at the Star, concluded with resounding success. Bringing
together the nation’s top independent retailers and vendors, the
three-day event was a celebration of collaboration, innovation, and
strategic growth within the consumer electronics, appliance, and
furniture/bedding industries.
The NATM 2024 Conference offered a range of
impactful events, starting with keynote sessions where leading
voices from the consumer electronics, appliance and furniture
industries shared invaluable insights that set the stage for future
developments. Networking opportunities facilitated meaningful
connections among attendees and industry leaders, while the
exhibitor showcase allowed participants to explore the latest
products and technologies from top vendors. Workshops and breakout
sessions provided critical insights into business development,
market expansion, and maximizing NATM membership benefits. The
conference culminated in a prestigious leadership dinner, where
industry leaders and NATM members celebrated their achievements and
strategized for future goals.
John Riddle, Head of NATM, expressed his vision for
the future, stating, "Our mission is to continue unifying the
voices of the nation’s top regional retailers, who represent more
than $11 billion across the retail sector. NATM's strength lies in
its ability to unite vendors and retailers to combat big-box
retailers, create partnership and networking opportunities, and
provide in-depth analytics and data that prove tremendously
valuable to our esteemed members and vendor partners."
The NATM 2024 Conference featured an impressive
array of vendors, showcasing the latest products and innovations in
the consumer electronics, appliance, and furniture industries.
Participating major sponsors include Midea, Bosch, Electrolux,
Tempur+Sealy, GE, LG, Purple Innovations, TCL, Samsung, Sharp and
many others. The NATM Vendor Conference showcased products from
over 50 companies.
Peter Weedfald, Senior Vice President of Sales and
Marketing at Sharp Electronics, stated, "NATM continues to be a
critical partner in driving our mutual success. Their commitment to
innovation and strategic growth aligns perfectly with Sharp’s
vision for the future."
The NATM 2024 Conference not only celebrated
current achievements but also highlighted the success of the three
strategic goals set out last year. Firstly, NATM successfully
delivered retail sell-through events, starting with the Trade and
Save event last fall, and continuing with Black Friday, year-end
clearance, Presidents' Birthday, Memorial Day, and July 4th
promotions. Secondly, NATM refined opportunities for partnering
with key vendors through dedicated committees, fostering stronger
collaborative efforts. Most notably, the organization made
significant strides in enhancing its data and analytics program,
earning rave reviews from members. This advancement in providing
more comprehensive reporting analytics and competitive intelligence
has proven to be invaluable, as discussed extensively by members
who praised its impact on their businesses.
"Our success this year is a testament to our
commitment to achieving our strategic goals," said Riddle. "By
delivering impactful retail events, strengthening vendor
partnerships, and advancing our data and analytics capabilities, we
have created immense value for our members. The positive feedback
from our members affirms that we are on the right path, and we will
continue to build on these accomplishments."
NATM proudly acknowledges its esteemed members, who
represent the pinnacle of regional retail excellence in the
appliance and electronics industry. These members include Aarons,
ABC Warehouse, ABT, Appliance Factory and Mattress Kingdom,
BrandsMart USA, Cowboy Maloney’s, Electronic Express, Nebraska
Furniture Mart, P.C. Richard & Son, RC Willey, Video Only, and
Walts.
Each of these members contributes significantly to
the collective strength and success of NATM, embodying our
commitment to innovation, collaboration, and industry
leadership.
As the NATM 2024 Conference concludes, the
organization looks ahead with optimism and determination. "We are
dedicated to expanding our influence, fostering collaboration, and
driving growth within the industry," said Riddle. "The future is
bright, and together, we will achieve remarkable success."
Mark your calendars for the next NATM’s 2025
Conference, which will take place July 21st – July 25th at the Omni
Frisco Hotel at the Star.
ABOUT NATIONAL ALLIANCE OF TRADE
MERCHANTSEstablished in 1970, the National Alliance of
Trade Merchants (NATM) is a preeminent national buying co-op that
encompasses 12 regional retailers within the appliance and
electronics sector. The organization orchestrates member buying and
merchandising strategies while fostering an arena for the
interchange of ideas. By harmonizing these strategies, NATM not
only optimizes value and profitability for its members but also
delves into uncharted market prospects. For additional details,
please visit natmcorp.com.
Media
Contact: Kim@echomediateam.com
Photos accompanying this announcement is available
at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/be136585-769c-4b96-abb6-2e8ec7c4e690
https://www.globenewswire.com/NewsRoom/AttachmentNg/f0fea7e4-24e5-4ead-9eee-a310d21e2b05