New York — The Anti-Defamation League’s National Consumer Technology Industry divisio
Austin, Texas – The holiday selling season is far from over according to a new poll by digital coupon provider RetailMeNot.
The survey, conducted Dec. 3-5, shows that 87 percent of respondents, representing nearly 200 million consumers, had not yet completed their holiday shopping.
Parents appeared to be the biggest procrastinators, with 95 percent of moms and dads surveyed admitting to waiting until the last minute to buy holiday gifts.
This TWICE webinar, hosted by senior editor Alan Wolf, will take a look at what may be the hottest CE products at retail that will be sold during the all-important fourth quarter. Top technologies, market strategies and industry trends will be discussed with industry analysts and executives.
Bentonville, Ark. – Walmart said it will drop prices on popular CE, toys and other products this Friday for a post-Black Friday sale.
The discounter is also expecting its largest shipment of PlayStation 4 consoles to arrive at its stores on Sunday.
“As our customers count down the final days until Christmas, we remain focused on offering them great prices and the hottest gifts to place under their Christmas trees,” said U.S. chief merchandising and marketing officer Duncan Mac Naughton.
Indianapolis, Ind. – h.h.gregg has appointed former Walmart marketing exec Julie Lyle as chief marketing officer.
She fills a vacancy left by the departure of chief merchandising and marketing officer Doug Moore in 2012.
Lyle joins the chain following stints at Prudential Corp. Asia Ltd., where she was chief marketing officer, and at general merchandise retailer Pamida, where she served as chief merchandising and marketing officer.
San Francisco - Twentieth Century Fox Home Entertainment and Anchor Bay Entertainment have become the latest Hollywood studios to adopt Dolby Digital Plus as their surround-sound format for movies and TV programs encoded in the UltraViolet Common File Format (CFF).
Fort Worth, Texas – RadioShack has secured $835 million in new financing.
The credit line includes $585 million from GE Capital and other backers, and a $250 million term loan led by Salus Capital Partners.
The retailer said it will use the funds to refinance existing debt and add about $200 million in liquidity. The moves will further strengthen the company’s balance sheets as it moves forward with CEO Joe Magnacca’s turnaround strategy.
Port Washington, N.Y. – CE sales rose 10 percent during Black Friday week, which represents the first double-digit increase for the category in three years.
According The NPD Group’s Weekly Tracking Service, the tech tally for the Nov. 24-30 period hit nearly $5 billion. Of that, TVs, tablets and notebooks accounted for $3.1 billion.
NPD industry analysis VP Stephen Baker noted that “The most significant sign of positive holiday momentum is that all of the top five categories delivered positive revenue in 2013.”
New York – BrightLine, a decade-old provider of “rich media” TV advertising, introduced Wednesday a proprietary suite of interactive TV ad products for connected television platforms.
The company said it is now offering the next generation of TV services enhanced with “connectivity.” The spots will enable more turnkey experiences for marketers with greater levels of user engagement, the company said.
Seoul – LG’s G Pad 8.3 tablet has become the first tablet to be designated by Google as a Google Play Edition tablet.
It joins two Google Play Edition smartphones, one from Samsung and one from Sony.
The devices are available in the Google Play store and are positioned as offering the latest version of the Android OS, being the first to get automatic Android updates, offering a pure Google user experience, and coming preloaded with key Google apps such as Google Now, Chrome, Gmail, and You Tube.
Arlington, Va. – The Consumer Electronics Association (CEA) today hailed the introduction of the House of Representatives bill H.R. 3674, The Federal Spectrum Incentive Act.
The bill was introduced by Brett Guthrie (R-Ky.) and Doris Matsui (D-Calif.), co-chairs of the House Energy and Commerce Committee Spectrum Working Group. The bill will provide financial incentives to encourage government agencies to terminate or share with other federal agencies their existing spectrum assignments to free up spectrum for commercial use.
Boca Raton, Fla. – Office Depot has selected its headquarters here to house the retailer’s newly enlarged staff.
The office superstore retailer chose the Florida location over the facility of its just acquired OfficeMax competitor located in Naperville, Ill. The company said the Boca Raton location has sufficient space to hold both the Office Depot staff and those from OfficeMax that will be moving to Florida.