By Lisa Johnston
New products on display at the American International Toy Fair, held in N
Philips Electronics said it will be moving its operations to Stamford, Conn., over the course of the year as part of the ongoing merger with the company's personal care division.
The new Philips Consumer Lifestyle North America operation will use a building on Summer Street in Stamford that has been occupied by the domestic appliances unit since last summer. Philips said it also plans to move the offices for its accessories division in Ledgewood, N.J., to the Stamford location. For the time being the accessories group's warehouse operations will remain in New Jersey, a spokesperson said.
The consumer electronics unit in Atlanta currently has about 200 employees, a spokesperson said. Philips is evaluating which employees will make the move.
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.