The latest news, research and information on electronics and appliance retailing including electronics distributors, electronics mergers, electronics and appliance buying groups, electronics warranties, appliance warranties, extended service contracts, co-op advertising and electronics economy.
Blockbuster/Circuit Gets Mixed Reviews By Alan Wolf - 04/21/2008
NEW YORK — Industry reaction was decidedly mixed to Blockbuster's $1 billion-plus cash bid for Circuit City. While some observers gave the concept kudos for its convergence of content and hardware, others failed to see a tangible upside to the consolidation. The video-rental chain went public with its hostile acquisition plan last week after Circuit City refused to fully open its books du... More
Circuit City Concedes To Dissidents' Demands by Alan Wolf - 05/09/2008 UPDATED! Richmond, Va. — Under pressure from dissident shareholders Mark Wattles and HBK Investments, Circuit City has agreed to open its books to would-be buyers Blockbuster and, possibly, Carl Icahn, and will add three of Mark Wattles’ four board nominees to its own directors’ slate.
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DTV Transition Faces Growing Pains By Bob Gerson - 05/05/2008
I got a real happy surprise the other day when I opened the mail to discover the U.S. government had sent me $80. The last time that happened to me was some 50 years ago when I was presented with complete sets of work and dress clothes, complete with footwear and a rifle. I got to keep the clothes but they took the gun back when I was discharged.
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Wal-Mart Tops Fortune 500 By Alan Wolf - 05/05/2008
NEW YORK — Wal-Mart continues its reign as the largest corporation in the United States, having retained the top spot on Fortune magazine's annual Fortune 500 ranking. In its May 5 issue, the publication said CEO Lee Scott's decision to slash holiday prices on popular CE, toys and other products by an additional 20 percent last fall yielded a $100 billion sales bonanza, which helped the w...
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Lessons Learned From The Billy Mays School Of Late-Night Retailing By William Matthies - 05/05/2008
I received a call from a telecommunications consulting company that wanted to know what I thought about the market potential for what they called remote-activation conditional access technology (I will call it RACAT for short). They were not very familiar with the CE market and were surprised to learn that RACAT was not already a big deal.
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Ingram Micro, Synnex Rank Among Fortune 500 By Colleen Bohen - 05/05/2008
NEW YORK — Distributors Ingram Micro and Synnex were named to Fortune magazine's annual ranking of America's 500 largest corporations this year. Ingram Micro ranked 69th on the list with revenues of more than $35 billion for fiscal year 2007. Synnex, which recently acquired New Age Electronics, was ranked 350th on the list due to its more than $7 billion in revenue for fiscal 2007.
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Reporters Notebook Greg Scoblete, Contributing Editor, TWICE December 18, 2007 Is Retail Impotent?
The news of sluggish holiday sales has The New Yorker’s James Surowiecki ... More
Reporters Notebook Greg Scoblete, Contributing Editor, TWICE May 10, 2007 Tech Users Studied
Whenever you see the words “typology” in the title, you know you’re... More
TWICE On The Scene: PRO Group The stars came out over the Hyatt Regency resort here and top vendors hobnobbed with a plethora of PRO Group members on Tuesday evening, here, to kick of the group’s annual spring meeting.
Spring RetailVision 2008 Highlights from Spring RetailVision which took place last week in Orlando, Fla.
TWICE On The Scene: CEA Washington Forum CE execs, Congressmen and policy advisers and makers CEA's annual Washington Forum to discuss free trade, HDTV and DTV labeling and the annual Digital Patriots awards dinner.
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BY THE NUMBERS
Cellular Gains As Sole Home Phone
ROCHESTER, N.Y. — Cellphones are gaining on analog landline and VoIP phones as the only phones in the house, a Harris I...