San Antonio — The Progressive Retailers Organization was at the Westin La Cantera Hill Coun
(Dateline - Retail Doldrums) Once there was a time when we could blame slow winter sales on the weather. Or the disappointment of our local team to fail to reach the SuperBowl. Or any other idea we might invoke to rationalize why no one buys electronics in February. We know they don’t. We complain about it every year. Be we sales people, retail operators or manufacturers, we enter this soft season with the hope that we’ve squirreled away enough profit until the customers flock
One Saturday morning when I was 14, I took a temporary job in a lamp factory. I strung electric cords through metal parts. Over and over and over. For hour after hour. By the time my father picked me up late in the day, I’d had enough. I got in the car and solemnly promised, “I am going to college.”
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Apple announced on Wednesday the next generation of its iPad tablet. The new iPad will start at $499 for the 16GB version and $629 with high-speed cellular connectivity starting March 16. The new iPad has several new noteworthy features including an A5X processor, iSight 5-megapixel camera (similar to the one used in the iPhone 4S), voice-dictation capability, 4G LTE cellular connectivity and, as expected, a high-resolution display. The new iPad is slightly thicker and heavier than the
Apple announced on Wednesday the next generation of its iPad tablet. The new iPad will start at $499 for the 16GB version and $629 with high-speed cellular connectivity starting March 16. The new iPad has several new noteworthy features including an A5X processor, iSight 5-megapixel camera (similar to the one used in the iPhone 4S), voice-dictation capability, 4G LTE cellular connectivity and, as expected, a high-resolution display. The new iPad is slightly thicker and heavier than the
The March 3 edition of The Economist included an article describing some of the management philosophy of Amazon’s founder/CEO Jeff Bezos (“Taking the Long View”). It also tells us that he has invested $42 million of his own money in a 10,000 year clock being built in west Texas that measures time one tick every year (”10,000 Year Clock“).
Bezos described the project
Since the 1980’s, the consumption of mass media in the typical American home has splintered from three broadcast networks into thousands of entertainment and media channels, including cable TV, Web content, games and user generated content. Thirty years ago, with just three networks, marketers could easily reach a large audience and leverage many significant shared experiences. But today, the splintering of the media has created both challenges and opportunities for marketers.
There is a new word floating around in the wonderful world of retail and that is “showrooming.” In case you have not heard about it, allow me to explain. Showrooming is the practice of researching a product in-store and then buying it elsewhere, most likely at Amazon.com or eBay. With the increasing proliferation of data-enabled devices such as smartphones and tablets, showrooming is becoming a legitimate concern for most retailers. In current times, when money is tight,
Competition in the consumer products and appliances industries is causing all of us to rethink how we do business and ways we can work smarter and faster. This has spurred many companies to work across geographic boundaries and enable employees to work on the go - whether it’s from a client site, on a train or in a home office.As a result, most companies nowadays are grappling with the reality of a workforce that does business on tablets and smartphones just as often as on a
Bloomberg.com recently weighed in on CE retail with an article whose title summarizes the reporter’s contentions regarding the future of Best Buy, Walmart and a few other companies that do business in large stores (”The Era of Big Box Retail is Coming to an End“).
So what’s next?
Bloomberg cut to the chase in the first sentence of the second paragraph of their article, saying, “The new mantra is small
A customer walks into a showroom and the TV says, “Hey, big spender. Come spend a little time with me.”
The customer replies, “Of all the TVs on the wall, why should I spend any time with you?”
The TV answers, “Because I’m not just any TV. I’m really smart. I not only tune channels but I can stream, surf, download, Skype and text, all at the same time. I speak Bluetooth. I’m Wi-Fi-ready and mobile app-enabled. My

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