San Antonio — The Progressive Retailers Organization was at the Westin La Cantera Hill Coun
Eagan, Minn. — Capitol will be offering Toshiba’s new flagship L9300 84-inch 4K Cloud Edge LED TV for residential and commercial applications alike.
The Toshiba L9300 sets are said to feature the proprietary Cevo 4K Quad + Dual Core Processor, which creates the best quality restoration of resolution, color and fine texture details and advanced 4K Resolution+ technology that can up-convert programming to near-4K Ultra High Definition, Capitol said.
Edmond, Okla. —Petra Industries recently mailed its 1,200+ page, 2013 spring catalog to more than 75,000 independent retailers, e-tailers and custom installers and integrators across the U.S.
Petra’s spring 2013 catalog showcases over 20,000 products from more than 500 industry-leading manufacturers including Sony, Canon, SiriusXM, JVC, Garmin, Clarion, RCA, Midland, Monster, Jensen, Belkin, Peerless, Ballistic, Trident, Griffin, iLuv, Speck, iHome, Scosche, Pentax, Conair, Panasonic and more.
Lawrenceville, Ga. – SED International Holdings, a distributor of computer technology, CE and other home products, reported lower net sales and a net loss in its fiscal third quarter ended March 31.
Net sales were $128.8 million for the quarter, a 7.1 percent decrease over net sales of $138.7 million reported for the same period last year. The decrease was driven by weak demand in U.S. IT storage system products and across Latin American operations, SED said.
Philadelphia – Almo, the national appliance and consumer and professional electronics distributor, reported it has been named one of Philly.com’s top workplaces of 2013.
Almo ranked 16th in the midsize company category and was ranked amongst companies such as Hyatt at The Bellevue and Fox Chase Bancorp.
Harrisburg, Pa. — D&H Distributing, the 95-year old privately held CE and computer products distributor, reported 8 percent sales growth in its fiscal year, ended April 30, due to sales of mobility products.
D&H said its sales performance is more than three times the organic growth rate achieved by consumer electronics distribution in general over the past year.
St. Petersburg, Fla. — Industry veteran Mike “Sparky” Detmer, formerly president of Niles Audio, has launched a company offering strategic planning and business-optimization services to manufacturers, distributors and dealers in the technology-integration and consumer electronics industries.
Santa Ana, Calif. — Ingram Micro reported higher worldwide sales but lower net and operating income for the first quarter, ended March 31.
Worldwide sales were $10.26 billion, up 19 percent in U.S. dollars when compared with $8.64 billion in the first quarter last year. The company's 2012 fourth-quarter acquisitions of BrightPoint and Aptec Holdings added $1.1 billion and $75 million, respectively, to 2013 first-quarter revenue, contributing 13 percentage points to the growth.