The most popular washing machine in the world has been sold for just $12.5 million, according to a report from the National Retail Federation.
The company behind the appliance said the sale was made possible by “an unprecedented wave of demand for its iconic, long-lasting, and durable washing machine.”
The washing machine has been on the market for two decades, with the first models sold in 1998.
But a new report from Consumer Reports shows the washing machine is not as popular as the industry says it is, with more than 50 million washing machines in the U.S. The company says that’s because more people are turning to the online shopping and social media sites to make purchases.
The report found that the average sale price of a washing machine was $6,900.
But many of the machines in this category cost less than $1,000.
In some cases, the sale price is just a few hundred dollars less than the retail price of the product.
In other cases, it is more expensive.
The average sale of a standard-sized washing machine rose by $15,200, or nearly $100, to $2,500 in 2016.
But when you compare the actual selling price of one of these machines with the advertised price, the real price jumps by nearly $50,000, the report found.
“This report is just one small piece of the puzzle in what is actually happening to washing machines,” said Robert B. Bader, president of the National Federation of Independent Business, which represents over 800 small and large businesses.
“When it comes to washing machine sales, the industry is not telling the truth.
The truth is we are seeing a dramatic decline in washing machine market share and prices.
The manufacturers and retailers need to make this transparent.”
The National Retail Firms Association (NRFA), the trade group for the nation’s retailers, said that the number of washing machine retailers is down by over 60 percent since 2015.
“There is no denying that the popularity of washing machines is declining,” NRFA CEO Craig Anderson said.
“Washing machines are one of the fastest growing consumer items in the economy and have become a major part of our nation’s everyday lives.
We’re committed to helping manufacturers and our members sell our wares at the highest prices.
In the end, our customers will pay for our products and the products they buy.”
The NRFA’s statement said the industry has invested millions of dollars to make washing machines “more durable and more efficient,” including adding stronger and longer-lasting parts, as well as new “towels” and “rubber mats.”
“While consumers have been able to buy these items online and at big box stores, there is a strong incentive for the retail business to sell at prices lower than the real-world price,” the statement said.