By Lisa Johnston
New products on display at the American International Toy Fair, held in N
Anaheim, Calif. – BrandSource has added furniture products to its popular BrandSource app.
This enhancement will allow BrandSource members to leverage changes in consumer shopping habits, which include the use of mobile devices, to compete better in their local markets, the buying group said.
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.
New York – J&R Music & Computer World said it closed its six-year-old Express shop in Macy’s Herald Square last week due to ongoing store construction.
The 3,500-square-foot satellite store, located in Macy’s vaunted housewares Cellar, carried a tightly edited selection of A/V, digital imaging, software and mobile products.
The offer is valued at approximately $8 billion, or between $24 and $26 per share.
This investigation concerns whether Best Buy’s board has breached its fiduciary duties to stockholders by failing to adequately assess Schulze's offer, and whether the company has disclosed all material information to shareholders about the transaction.
Schulze is Best Buy’s largest shareholder, controlling 20.1 percent of Best Buy shares, according to a statement issued by him this morning. He has developed a business plan that addresses the many challenges Best Buy faces and has held discussions with leading private equity firms interested in participating in the acquisition, according to statement he issued this morning.
Net income was 8.915 million euros compared with a loss of 489.3 million euros year on year. Revenue was 262 million euros, down 17 percent from the prior year’s 314 million euros. Harold Goddijn, CEO, commented in a statement, “Since we communicated that we would be taking a more modular approach to our products, selling map content, navigation software and HD Traffic as stand-alone solutions, we have signed a number of deals, especially in the automotive sector.
LAWNDALE, CALIF. – Top Sony Electronics executives from Japan recently visited Video & Audio Center’s store, here.
The chain, which is the largest Sony independent dealer in Southern California, opened this location last November with the introduction of Sony’s Digital Recording Binoculars that record in 3D and 2D FullHD video and the company’s Personal 3D Viewer.