Electronics/Appliance Retailing
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Dunn Cleared In Part; Schulze To Step DownBy Alan Wolf, May 14, 2012Minneapolis - Former Best Buy CEO Brian Dunn did not use misuse corporate resources in the course of an inappropriate relationship, a company investigation concluded, but founder Dick Schulze will relinquish his chairman's post next month for failing to alert the board to the allegations. More
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SED Reports Lower Sales, EarningsTWICE Staff, May 11, 2012Lawrenceville, Ga. - SED International Holdings, a distributor of CE, PC and other consumer products, reported slightly lower sales and net income in its third quarter, ended March 31. More
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Best Buy's Dunn Investigation Widens: ReportBy Alan Wolf, May 10, 2012Minneapolis - Best Buy is reportedly looking into whether some of its top executives withheld information about former CEO Brian Dunn's alleged improprieties from its board of directors. More
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PRO Leadership Further Details Plans, OpportunitiesBy Steve Smith, May 10, 2012Dana Point, Calif. - Progressive Retailers Organization (PRO Group) executives further detailed the 2012 strategies outlined in the "State of the Industry" presentation on Wednesday during a briefing with TWICE. More
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PRO Calls For Biz Changes, Cooperation With VendorsBy Steve Smith, May 10, 2012
Dana Point, Calif. - The Progressive Retailers Organization (PRO Group) called on cooperation with its name-brand suppliers to work on the unprecedented challenges facing the CE industry at a special "State of the Industry" presentation during the opening of its annual spring meeting, here, Wednesday.
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BrightPoint To Offer ProtectCell ServicesTWICE Staff, May 9, 2012Indianapolis - BrightPoint has entered into an agreement with Digital Leash, a company that safeguards consumers' wireless lifestyles with industry leading innovative protection solutions for its ProtectCell product. More
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D&H Posts Double-Digit Full-Year SalesBy Alan Wolf, May 9, 2012Harrisburg, Pa. - Strong demand for tablets and notebook PCs helped push D&H Distributing's net sales up more than 10 percent during its just-ended 2012 fiscal year. More
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Amazon Tops ForeSee's Customer Satisfaction SurveyBy Lisa Johnston, May 9, 2012Ann Arbor, Mich. - Amazon once again reigned supreme in ForeSee's Top 100 E-Retail Satisfaction Index, besting its own score from the previous year. More
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Nationwide Partners with DACAlan Wolf, May 9, 2012Winston-Salem, N.C. - Nationwide Marketing Group has tapped DAC Products to provide modular displays and store fixtures to its members. More
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Almo PRO A/V Expands D.C. EventTWICE Staff, May 8, 2012Philadelphia, Pa. -- Almo Professional A/V has expanded the lineup at its E4 AV training and networking event in Washington, D.C., on May 18. More
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Conn's Q1 Comps Climb 18%By Alan Wolf, May 8, 2012Beaumont, Texas - Conn's is on a roll. More
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OfficeMax Q1 Profits Fall 57% On Store ClosingsBy Alan Wolf, May 8, 2012Naperville, Ill. - Costs for closing 23 U.S. stores during the first quarter dragged OfficeMax's profits down 57 percent for the period. More
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Buying Groups Change Strategies, Broaden Benefits
By Alan Wolf, May 8, 2012NEW YORK — It’s been a busy year for the nation’s buying groups. More
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CEA, Retail Groups Push
Web Tax Reform In D.C. By Steve Smith, May 8, 2012WASHINGTON – The Consumer Electronics Association (CEA) — along with the International Council of Shopping Centers and Retail Industry Leaders Association (RILA) — made their case to the media for Internet tax reform just prior to CEA’s Digital Patriots’ dinner at a media briefing, here. More
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Car Buying Groups Tuning Up Programs By Lisa Johnston, May 8, 2012NEW YORK — While all industries were hit hard by the recession, the car electronics sector took a special hit and some of its retailers are still struggling to climb out of that hole. More
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Nationwide Acquires
Canadian Group From Sears By Alan Wolf, May 8, 2012WINSTON-SALEM N.C. — The Nationwide Marketing Group has purchased Cantrex, a $2 billion Canadian buying organization, from Sears Canada. More
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RadioShack Pursuing Three-Point Plan For Profitable Growth By Alan Wolf, May 8, 2012FORT WORTH, TEXAS – RadioShack is pursuing a three-pronged merchandising, marketing and expansion strategy to put the national CE chain back on a profitable growth track. More
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Wyden, Chaffetz, Rubenstein Receive CEA Digital Patriots Awards By Steve Smith, May 8, 2012WASHINGTON – The Consumer Electronics Association (CEA) held its 2012 Digital Patriots Dinner and honored Sen. Ron Wyden (D-Ore.), Rep. Jason Chaffetz (R-Utah) and David Rubenstein, managing director, Carlyle Group. More
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World Wide Stereo Helps Build Kids' Hospital GardenBy Alan Wolf, May 7, 2012
Philadelphia - World Wide Stereo has helped create a new rooftop garden at the Children's Hospital of Philadelphia.
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Capitol's CLI Expo Illustrated Trends, Sales TechniquesTWICE Staff, May 7, 2012Eagan, Minn. - Capitol hosted more than 150 CE and custom-installation professionals during the 2012 Capitol Learning Institute (CLI) Expo on April 29-30 in Bloomington, Minn. More
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