BrandSource Says Its Majaps Sales Will Outpace Industry

Steve Smith On Apr 7 2014 - 12:00am

BrandSource Says Its Majaps Sales Will Outpace Industry

 

ORLANDO, FLA. — BrandSource outpaced major appliance industry growth last year, and should continue to do so as it overcomes sluggish first-quarter sales due to bad winter weather.

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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.

 

Will The Aftermarket Play Ball With Apple CarPlay?

Joseph Palenchar On Apr 7 2014 - 12:00am

Will The Aftermarket Play Ball With Apple CarPlay?

 

NEW YORK – Apple and autosound suppliers don’t seem to be in any particular hurry to drive CarPlay into the car audio aftermarket.

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Suppliers, Retailers Surf Wireless Multiroom Wave

Joseph Palenchar On Apr 7 2014 - 12:00am

Suppliers, Retailers Surf Wireless Multiroom Wave

 

NEW YORK – The next boom in wireless might not come in smartphones but in wireless networked multiroom- audio systems, if the sheer number of product introductions is any indication.

In recent weeks, Samsung detailed its planned product expansion, AwoX and MartinLogan entered the market, Sony unveiled new wireless speakers, Nuvo added to its wireless multiroom capabilities, and Arcam introduced a new wireless DAC.

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TWICE People

TWICE Staff On Apr 7 2014 - 12:00am

TWICE People

 

Tim Coakley, formerly vendor management and marketing VP at Ingram Micro Consumer Electronics, has joined AudioSource as executive VP. The 28-year CE veteran was with Ingram for the past six years and will report to CEO Tom O’Mara … Bob Perry, veteran CE executive and global retail VP for BlackBerry, has joined PlastoForm Holdings as its deputy CEO, according to a posting on his LinkedIn page.

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Pflanz, 75, Praised As Industry Leader

Steve Smith On Apr 7 2014 - 12:00am

Pflanz, 75, Praised As Industry Leader

 

SIOUX CITY, IOWA — Vance Pflanz, 75, president of Pflanz Electronics, a veteran CE retailer, was praised by industry leaders just before and after his passing on Thursday, March 27.

Pflanz’ participation with industry associations, BrandSource and the Consumer Electronics Association (CEA), was praised for his willingness to share his retail experience of 55 years and his involvement with a variety of local charities.

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Fasulo: Sony's Restructure Aligns With Ultra HD

Greg Tarr On Apr 7 2014 - 12:00am

Fasulo: Sony's Restructure Aligns With Ultra HD

 

SAN DIEGO – Mike Fasulo, Sony Electronics U.S. president, said the company’s TV operations are changing but the focus is still on Ultra HD TV.

Under the weight of orders to reduce staff and spin-off the TV hardware business into a separate unit, Fasulo and Sony have narrowed their objectives, product lines and personnel in way that will help retailers that help Sony.

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Ultra HD TV Rollouts Offer New Growth

Greg Tarr On Apr 7 2014 - 12:00am

Ultra HD TV Rollouts Offer New Growth

 

NEW YORK – Time flies at Ultra HD speed, and already the industry is about to see the releases of thirdgeneration Ultra HD LED LCD TV models for the consumer market.

This year the stakes get a little more interesting with a veritable slew of TV brands entering the field looking to build their reputations around the latest high-resolution performance – often, at value pricing.

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Video & Audio Center Brings UHD TV To NAB

Greg Tarr On Apr 7 2014 - 12:00am

Video & Audio Center Brings UHD TV To NAB

 

SANTA MONICA, CALIF. – While many other consumer electronics retailers struggled under the weight of declining TV demand and price points in recent months, the three-store chain Video & Audio Center enjoyed record-breaking returns over the last two quarters.

The A/V specialty merchant is enjoying some of its best returns in its 34-year-history right now.

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Economic, Tech Trends Should Make For Good Year

Steve Smith On Apr 7 2014 - 12:00am

Economic, Tech Trends Should Make For Good Year

 

Last Monday the baseball season officially opened in New York. That morning it was rainy and cold with a bitter wind. Snow was blowing near the New York Mets’ home, Citi- Field. Yet the local meteorologists predicted clear skies, maybe even some sun, by the first pitch that afternoon. For once they were absolutely correct.

We can only hope recent predictions that we have heard about the electronics/appliance industry for this year, and the future, are close to being that accurate.

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Cobra Reports Higher Profits In 3rd Quarter

Cobra Reports Higher Profits In 3rd Quarter

By Steve Smith On Feb 19 2014 - 5:01pm

Cobra chairman/CEO Jim Bazet
Cobra chairman/CEO Jim Bazet


Chicago - Cobra Electronics reported higher net and operating income in the fourth quarter of 2013.

Net income was $1.9 million for the fourth quarter, compared with net income of $1.4 million in the prior year.

Operating income for the quarter was $1.8 million for the current quarter, compared with operating income of $1.4 million in the same quarter last year. These results reflected a decrease in selling, general and administrative  expense that was partially offset by slightly lower net sales and gross margin, Cobra said.

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