New York — The Anti-Defamation League’s National Consumer Technology Industry divisio
Purchase, N.Y. – For CE retailers that opened their doors on Thanksgiving the gambit may have paid off.
According to a MasterCard SpendingPulse report, CE sales enjoyed triple-digit growth on turkey day compared to 2012, as consumers proved eager to leave the dinner table for doorbuster deals on tablets, TVs and other tech devices.
But the heavy holiday draw ate into Black Friday sales, which declined slightly for CE.
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.
Issaquah, Wash. – Costco’s U.S. comp sales edged up 3 percent in November, blunted in part by a downturn in CE.
The No. 1 warehouse club said CE comps were negative for the month, continuing a recent reversal in what had been steady category growth through most of this year and last.
Total revenue rose 5 percent in November, to $8.9 billion, and also increased 5 percent for the three months ended Dec. 1, to $24.5 billion. U.S. comps for the quarter were up 4 percent excluding gasoline.
The Woodlands, Texas — Conn’s was firing on all cylinders in the third quarter as double-digit comp increases across nearly all product categories contributed to record sales and profits.
Net income more than doubled to $24.4 million for the three months, ended Oct. 31, on total revenue of $310.9 million, a 50.6 percent increase, while comp-store sales soared 35.1 percent.
New York — Gap Intelligence reported that Hewlett-Packard put forth the most notebook advertising effort on Black Friday, pushing out 25 different ad placements.
Overall, vendor advertising was flat year over year, Gap said, with HP and Dell claiming the lion’s share.
HP’s models on sale for the Black Friday shoppers started with the $178 2000-2D09WM and went up to include the company’s high-end Envy products.
San Luis Obispo, Calif. — Shopatron, provider of Cloud-based e-commerce order management, reported record-breaking Cyber Monday sales with a year-over-year GMV increase of 52 percent.
This is according to data collected by Shopatron’s patented Order Exchange, which powers the e-commerce orders for more than 1,000 branded manufacturers and leading multichannel retailers.
Seattle — Two Kindle tablet models were the best-selling items on Amazon.com over the Thanksgiving weekend, the e-tailer reported.
Sales of the Kindle Fire HDX (7-inch version) and Kindle Fire HD also helped make the holiday shopping weekend “the best ever” for the company’s proprietary tablet and e-reader line, which enjoyed record orders.
“We’re excited that so many customers have chosen Kindle this holiday season,” said Kindle VP Neil Lindsay. “And it’s just getting started.”
San Jose, Calif. — Cyber Monday sales rose 16 percent year over year to hit a record $2.29 billion, Adobe Digital Index reported.
The company said it was the fifth consecutive day of record online sales, beginning with Thanksgiving.
“Retailers earned 10 percent of their holiday sales in just the last five days, an increase of 26 percent year-over-year,” said Tamara Gaffney, principal analyst for Adobe.
Anaheim, Calif. — BrandSource, the $14 billion buying group for CE, majap and home-furnishings dealers, is projecting “a banner year” in 2014 thanks to its strategic member programs and the recovering economy.
“Despite a very rough patch in the economy these past few years, things are looking up economically,” said CEO Bob Lawrence “We expect that 2014 will be a banner year for the BrandSource organization.”
Washington – Higher Thanksgiving Day sales failed to lift the entire four-day Black Friday weekend, which saw sales slip 2.9 percent year over year to an estimated $57.4 billion.
According to the National Retail Federation (NRF), which based the estimate on weekend consumer surveys, brick-and-mortar traffic rose 27 percent to nearly 45 million shoppers on Thanksgiving, and more than a quarter of all holiday shoppers had hit the stores by 8 p.m. or shopped online at some point during turkey day.
Amherst, N.Y. – Stampede Presentation Products announced the opening of a new field sales office in Seattle and plans to open its first southwest field sales office in Phoenix by the end of the first quarter of 2014.
The moves have been made since the distributor is projecting a 2014 growth rate that will exceed this year’s, Stampede said.
The two new offices join the company’s other field sales offices located in Amherst, New York; Atlanta, Georgia; Miami, Florida; and Columbus, Ohio.