twice connect
careers

LG: No Plans for U.S. Stores

Englewood Cliffs, N.J. — LG Electronics has no plans to open stand-alone showrooms or in-store shops in the U.S. 4/09/2013 08:51:00 AM Eastern

Englewood Cliffs, N.J. — LG Electronics has no plans to open stand-alone showrooms or in-store shops in the U.S.

Despite a reported rollout of additional company stores overseas, and Samsung’s plans to open branded shops within Best Buy locations, LG has no plans to open or operate its own retail outlets, LG Electronics USA communications and public affairs VP John Taylor confirmed to TWICE in an email.

The affirmation follows a report in today’s Wall Street Journal citing LG’s effort to open as many as 600 stores this year in Africa, India and the Middle East to help boost its smartphone market share and increase its global CE presence. The manufacturer already maintains some 3,000 showrooms overseas.

In addition, Korean CE/majap rival Samsung last week revealed plans to leverage the traffic in Best Buy stores by rolling out dedicated boutiques chain-wide for its cellphones, tablets, laptops, cameras and accessories, garnering praise from analysts and investors.

 

PHOTOS
ProSource Meeting Filled With Optimism

San Antonio — Optimism reigned at ProSource’s

Ingram Draws 500 To Spring Vendor Expo

Scottsdale, Ariz. — Ingram Micro Consumer

CEA Holds ’14 Digital Patriots Dinner

Washington — CEA held its annual Digital Patriots’

8 Technology Accessories For a Greener Earth

An Earth Day review of Earth-friendly products, by

BrandSource Shows Diverse Product Selection

BrandSource’s Summit show at the Marriott World

Scenes From Toy Fair

By Lisa Johnston

ADL Honors Morales, Bilas, Paull, Weedfald At Annual Dinner

New York — The Anti-Defamation League’s National