By Lisa Johnston
New products on display at the American International Toy Fair, held in N
Madison, Wis. – American, the three-state TV, appliance and furniture chain, is going out of business after 60 years.
The privately held retailer cited an “unforgiving” economy, and said it will go into receivership and close its remaining 10 big-box stores after completing a liquidation sale that begins on Thursday.
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.
Miramar, Fla. – JL Audio has begun shipping all models in its next-generation of XD car-audio amplifiers with multiple upgrades while continuing to incorporate NexD switching technology to deliver cool-running amps in a compact chassis.
Amherst, N.Y. — Stampede’s Spring 2014 Stampede Big Book of AV (BBOAV) Tour, will roll into Montreal, Canada on Feb. 20, where A/V industry dealers and manufacturers will showcase their latest solutions at the Sheraton Montreal Airport hotel.
“Each stop on the 2014 tour features a compelling mix of product demonstration, business building idea sessions, networking opportunities — and more than a few surprises,” said Stampede’s president and COO Kevin Kelly.
New York – Marketers and advertisers must find new ways to engage the hyper-connected consumer, who now comprises nearly half the U.S. adult population.
According to a new study by brand strategy consultants Vivaldi Partners, 48 percent of these “always on” consumers own at least three connected devices, and use them to go online multiple times a day from at least three different locations.
New York – Sales in the United States of Sony’s PlayStation4 entertainment console topped Microsoft’s Xbox One in the month of January, a new report from the NPD Group revealed.
Exact numbers were not revealed, but reports said the PS4 results more than doubled its closest rival in the month.
Mountain View, Calif. – Motorola Mobility CEO Dennis Woodside will leave the company at the end of March following the recent announcement that Motorola owner Google is selling the business to computer maker Lenovo.
Woodside will become COO of Dropbox.
New York – Dolby Laboratories is developing an audio technology that adds height information to specially mixed surround-sound soundtracks played back on mobile devices and delivered through any pair of headphones.
The unnamed technology, not yet available to Dolby customers, would use movie and game soundtracks mixed via object-based mixing technology. Dolby has developed a version of that technology, called Dolby Atmos, for movie theaters.
Naperville, Ill. – Barrett’s Technology Solutions has revamped its Chicago-area showroom to better demonstrate the pairing of home automation with elegant design.
The 48-year-old A/V specialty dealer, system integrator and custom installer said its new Design Center was developed to inform as well as inspire, and shows how smart technology can complement décor without disrupting aesthetics.
Washington – Sales at CE and appliance retailers fell 4.7 percent to $8.1 billion in January as severe winter weather compounded soft demand.
According to the U.S. Commerce Department’s monthly sales projections, total U.S. retail sales, excluding restaurants and car dealers, rose 2.6 percent in January, led by a 6.5 percent increase in online and other direct sales, as storms closed stores and kept shoppers home.
January sales within the furniture and home furnishings channel slipped 2.4 percent.
Tustin, Calif. — Home Entertainment Source (HES), a specialty CE division of the BrandSource buying group, will debut three new vendors at the groups’ annual spring meeting next month.
The new additions — Access Networks, Altona and Screen Innovations — will be on display at the 2014 Summit & Expo, slated for March 16-19 at the Marriot World Center in Orlando, Fla.