By Lisa Johnston
New products on display at the American International Toy Fair, held in N
Boca Raton, Fla. — Office Depot has tied together fitness and worker productivity, announcing the office superstore chain will start carrying wearable fitness products.
Starting immediately, Office Depot is carrying devices like the Striiv Play pedometer, Striiv Smart pedometer, Rhythm by Scosche, Sync Burn and Fit, Sync GPS watches and heart-rate straps, and Sync Elite fitness bands.
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.
Las Vegas – Newegg.com bestowed its third annual Eggie Awards at Encore Resort’s XS Nightclub here during International CES.
The awards recognized the outstanding contributions made by the tech e-tailer’s vendors, suppliers and customers in 2013.
This year, 37 Eggies were handed out across 23 categories, including Best New Vendor (TV manufacturer ChangHong), Marketing Partner of the Year (Samsung), and Most Prolific Reviewer (customer Charlotte McCabe).
Minneapolis – Best Buy said declines in digital imaging, movies and MP3 players led a 1.5 percent dip in domestic holiday sales, to $9.8 billion for the nine weeks ending Jan. 4.
The retailer also lowered its fourth-quarter and full-year earnings outlook as a result of competing in what president/CEO Hubert Joly described as “an intensely promotional holiday season.”
Comp sales for the period slipped 0.9 percent, with growth in computing, appliances and gaming more than offsetting weakness in the legacy categories, the company said.
Washington – December sales for CE and appliance dealers slipped 1.4 percent year over year to $8.4 billion, the U.S. Census Bureau reported today.
The preliminary figures, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, also show a 2.5 percent dip from November.
Las Vegas – Online and brick-and-mortar retailers need to employ a special skill set to attract and sell to millennial female CE shoppers.
According to panelists on the TWICE/Cosmopolitan Digital Divas roundtable, held at International CES, here, on Thursday, retailers need to do market research, engage in social networking, analyze features and design, as well as hire more millennial sales women to sell CE to that key demographic.
New York – Chain stores sales rose 3 percent for the November-December holiday period, compared to a 1.8 percent increase in 2012.
According to a report by the International Council of Shopping Centers (ICSC), compiled from a tally of monthly reporting firms, comp sales rose 2.1 percent in November and 3.4 percent in December.
Issaquah, Wash. — Holiday sales were up for Costco, way up for Amazon.com’s Marketplace sellers, and down for Barnes & Noble.
Costco, the No. 1 warehouse club, today reported a 6 percent spike in December sales, to $11.5 billion, but continuing declines in CE.
Comp sales for the five-week period, ended Jan. 5, rose 5 percent excluding gasoline, driven by a 4 percent increase in holiday traffic and a 1.5 percent gain in average purchase size.
CES 2104 Las Vegas - National CE and IT distributor New Age Electronics named Conn’s as its 2013 Dealer of the Year last night at its annual CES customer appreciation gala at Caesars Palace, where guests were also entertained by Denver rock band The Fray.
Conn’s, the multiregional regional furniture, bedding, majap and CE chain, was selected based on its strong year-over-year revenue growth, close executive alignment, strategic partnership, sourcing of multiple brands and a consistent positive credit standing, the distributor said.
Las Vegas – The first ProSource board of directors was announced here this week, marking the formal merger of the Progressive Retailers Organization (PRO Group) and the Home Entertainment Source (HES) buying groups.
The announcement was made on the eve of International CES at PRO Group’s traditional Monday night reception at Bally’s, which was co-sponsored this year by the Consumer Electronics Association (CEA).
Las Vegas – National CE and IT distributor New Age Electronics has expanded its portfolio of emerging technologies with the exclusive additions of Google’s Chromecast, Pivothead wearables and personal robotics from WowWee.
The announcements were made this week at International CES.
Chromecast is a $35 HDMI dongle that allows users to stream online content to their TVs via their computers or mobile devices. A growing base of “castable” apps includes Netflix, YouTube, Hulu Plus, Google Play Movies and Music, and the Chrome browser.