retail news in context, analysis with attitude

So here are some statistics that say something about the demands and expectations of the American consumer...

Telecompetitor.com reports that "high-definition television (HDTV) sets are present in 75% of U.S. households, up from 23% five years ago according to Leichtman Research Group’s (LRG) 1Q 2013 Research Notes."

The study also says that 38 percent of US households have more than one high-definition television set, up from 26 percent with multiple HDTVs just two years ago and five percent that had more than one five years ago. In fact, more than half of US households equipped with a high-definition TV actually have more than one.

The numbers skew upscale ... but not wildly so: "84% with annual household incomes over $50,000 have an HDTV compared to 73% with household incomes of $30,000-$50,000, and 56% with household incomes under $30,000."
KC's View:
I just think this speaks to consumer expectations ... they have these marvelous televisions at home, which then forces the movie theater industry to work harder to be differentiated and relevant. That could be a metaphor for what is happening in many industries - heightened competition that ratchets up the pressure on a wide range of companies.