San Antonio — The Progressive Retailers Organization was at the Westin La Cantera Hill Coun
As you have read, Sears Holdings lost $279 million in its fiscal first quarter. It is a major loss in a string of many for the retailer that operates Sears and Kmart.
While we don’t wish this on any company, this has to beg the question: “What happens if Sears goes away?”
In major appliances, where it is still No. 1, Sears had $7.28 billion in sales
If you remember the May 6 issue, we covered the industry’s buying groups and their members, the independent retailers. In this one, we will shift our focus to the annual TWICE Top 100 CE Retailers Report, which covers calendar year 2012, and it is one of the most unusual Top 100 reports I can recall. As a group, business declined 0.3 percent in 2012.
(A copy of the complete report is now available online. Please
Judging by the number of pitch emails I’ve received since International CES, Bluetooth “leashes” are exploding in popularity. Here are some recent additions to the ambitious crowd-funding crew:
MotionsTek has thrown its hat in the ring, hoping consumers will donate to Indiegogo to help get its TagIt tracking device off the ground. The TagIt, which costs $40 on Indiegogo
Proxy statements have been sent to Best Buy shareholders, who, among other pieces of business, are being asked to vote in a new slate of directors, including Dick Schulze’s nominees Brad Anderson and Al Lenzmeier.
The board has endorsed the former senior officers as part of its rapprochement with Schulze, and they are expected to retain their two-month-old directors’ seats.
What’s more interesting though is chairman Hatim Tyabji’s letter to shareholders
I read a blog online the other day about Best Buy’s turnaround in recent months, but halfway through, its author began to go down the road of gloom and doom.
I didn’t keep the link so pardon me if I don’t give the proper credit (or blame) to the author, but one line in the piece went something like this: “If Best Buy’s revival doesn’t succeed, consumer electronics will no longer have a national retail presence.”
I also recently heard
Apple won’t be asking Keith Richards for a product endorsement any time soon.
Rock-and-roll’s riff-master general doesn’t own an iPod, and told the Associated Press he prefers vinyl and even cassettes to its compressed digital sound.
“It has … a much better sound than digital,” he said of the analog formats.
The 69-year-old Rolling Stones guitarist
The Boston terror attacks may have pulled the news media’s attention away from the shenanigans of North Korean dictator Kim Jong-un, but IHS iSuppli has taken a look into what a war on the Korean peninsula would mean for the CE world.
In a word: bad.
IHS noted that about 66 percent of the world’s NAND flash and 70 percent of the tablet display manufacturing takes place in South Korea. So any outbreak of hostilities would essentially result in the immediate halt of
The life of the CE industry flashed before my eyes last week as I roamed through the back roads of the Appalachian Mountains in search of antiques.
The ghosts of dead formats and dead brands appeared before me in high-ceiling turn-of-the-century homes, old barns, and dark, decrepit cinder-block buildings that must have once been home to thriving commercial enterprises.
The tabletop radios bore the brands of Motorola, Admiral, and Atwater Kent. An Edison wax-cylinder
Apple may still not be ready to launch its long-anticipated and speculated-on iTV, but that’s apparently not stopping a couple of other industry giants from moving forward with ambitious online video streaming entertainment devices.
Speculative reports surfaced Wednesday that Microsoft may be preparing to launch its next-generation Xbox console at a special press event in Redmond, Wa
As you probably know by now, Marcia Grand, publisher/ VP of TWICE who has been here since the beginning, is retiring as of April 30.
I never thought I would read the words “retiring” and “Marcia” in the same sentence. If you have ever met Marcia, you know she is one of a kind. She never likes to look back, only ahead, but I think this is one of those times you have to reflect upon a life in publishing and in the consumer electronics business.
Steve SmithWhat Happens If Sears Goes Away?
Steve Smith2012 Was Unusual For The Top 100
Lisa JohnstonCrowd-Funding Spotlight: Bluetooth Edition
Alan WolfBest Buy Proxy Recaps Tumultuous Year
Steve SmithNever Underestimate Independent Retailers
Doug OlenickIHS Tallies Potential Korean War Fallout
Joseph PalencharGhosts Of Dead Formats, Brands Arise
Steve SmithMarcia Grand: One Of A Kind
Doug OlenickThe Netatmo Weather Station/Watchdog
Steve SmithDiversity Becomes An Industry Theme
Lisa JohnstonCrowd-Funding Spotlight
Greg TarrLG Puts Full-Court Press On Ultra HD TV
Steve SmithPanasonic’s ’13 TVs Are Stuffed With Features