By Lisa Johnston
New products on display at the American International Toy Fair, held in N
Colorado Springs, Colo. – Westone, a manufacturer of high-performance audio and in-ear earphones, has joined the vendor roster of the Azione Unlimited (AU) buying group.
AU’s member dealers and custom integrators will have access to
Westone’s ES line of custom in-ear monitors, which is aimed at affluent clients, audiophiles and musicians who desire a professional-grade earphone, the manufacturer said.
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.
New York – Retailers are making a final push to drive holiday sales this last weekend before Christmas.
Among the measures: a TV blitz by Best Buy, Walmart and other national chains with last-minute gift ideas; extended store hours and sales; and reminders by Amazon.com and other online-only merchants of pending Christmas delivery cut-offs.
The efforts follow a spate of severe winter weather and a massive Target credit card hack that could lead to a ho-hum holiday for retailers following record Thanksgiving sales.
Boca Raton, Fla. — Office Depot has taken another major step toward its consolidation with OfficeMax with the creation of a new organizational structure.
The new management chart “focuses on accountability and streamlined decision making,” recently installed chairman/CEO Roland Smith said, and includes an executive committee and a leadership team.
Chester Springs, Pa. – Thorens Turntables and Accessories has joined Azione Unlimited (AU) as a vendor member.
Richard Glikes, founder, president, and chief creative officer of the buying and educational group for integrators and custom retailers, described Thorens’ addition as serendipitous. AU was looking for a high-quality turntable supplier, and Glikes – a former Thorens owner and fan – was coincidentally introduced by a mutual friend to Norm Steinke, sales director for Thorens’ North American distributor Rutherford Audio.
Tustin, Calif. – Registration has begun for the BrandSource buying group’s spring Summit & Expo.
The annual event will return to the World Marriot Center in Orlando, Fla., March 16-19, and promises productive idea sharing with peers; new product introductions and demonstrations; one-on-one vendor/member face time; buying opportunities and deals; best practices; and live entertainment.
As 2013 comes to a close, TWICE presents this special year-end retrospective.
Highlighting the issue is our inaugural Newsmaker of the Year series, which profiles the industry’s principal movers and shakers of the past 12 months. Filling the top debut spot is Hubert Joly, who resuscitated Best Buy and, in the process, brought renewed zest to the CE business and brick-and-mortar retail.
Chicago – Consumer Intelligence Research Partners (CIRP) confirmed what Amazon had always planned, that a Kindle will help drive sales.
The CIRP study found that Kindle owners spend about $1,233 per year on the site, compared to $790 for other Amazon customers. These results are based on a CIRP report based on a survey of 300 people who made a purchase on Amazon for the three month period ending Nov. 15.
Washington – Retail sales of consumer electronics rose 8 percent in November as the shorter holiday season and pervasive Thanksgiving weekend promotions spurred increased consumer spending.
The year-over-year sales increase, reported by the U.S. Census Bureau today in its monthly retail sales tally, covers electronics and appliance dealers and is unadjusted for calendar fluctuations and seasonal variations.
CE sales were also up 1.1 percent from October, seasonally adjusted.
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.