By Lisa Johnston
New products on display at the American International Toy Fair, held in N
Kmart has turned over a new CE leaf.
Under the direction of recently named home electronics VP Ray Brown, the discounter has begun to significantly upgrade its assortment from low-end commodity goods to newer technology products bearing better brands.
Among the new offerings in Kmart's self-described “New electronics department”:
a pair of Panasonic 4:3 LCD TVs ($449.99 for the 14-inch model, $699.99 for the 17-inch option)
a pair of Olympus digital cameras ($129.99 for the 3.2 megapixel model, $249.99 for the 4 megapixel option with 3x optical zoom)
an RCA 7-inch portable DVD player (on sale for $259.99)
an iRiver 128-MB MP3 player with FM tuner ($99.99)
The chain has also added Advent to its vendor matrix, which is represented by a 27-inch HD-ready direct-view TV ($399.99).
Brown, who also oversees entertainment software, was previously Sears' chief CE merchant. Joining him at Kmart is former Sears TV buyer Chuck Bacon, who has assumed a similar role in Troy.
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.