New York — The Anti-Defamation League’s National Consumer Technology Industry divisio
LONG ISLAND CITY, N.Y. — Aereo will expand its “antennae/DVR” local TV via the Cloud service to the Denver metropolitan area beginning today.
The new territory includes 67 counties across Colorado, Nebraska and Wyoming, potentially serving more than 3.4 million consumers.
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 — Apple might not boost its shrunken unit share of global tablet sales with the launch of its premium- priced iPad Air and second-generation iPad Mini, but its global tablet sales will resume growth.
Analysts contacted by TWICE also said Apple will win the tablet-profit wars and likely continue to lead the industry in tablet revenues.
FORT WORTH, TEXAS — RadioShack opened three new concept stores last week, including one near corporate headquarters here that drew local dignitaries and past and present management to the ribbon cutting.
The other two, located in Detroit and Philadelphia, join eight “high-touch” stores in New York, New Jersey, Boston and Fort Worth that were designed from the ground up with interactive demos, touchscreen displays, and more intuitive floor plans to enhance the shopping experience.
NEW YORK – Panasonic in Japan confirmed last week that it will end the production of plasma display panels in December, sparking competitors and retailers to brace for a possible surge in last-minute demand.
Panasonic, which had three plasma display factories still operatiing in Amagasaki, Japan, said in a statement out of Osaka that it has now stopped business operations at two of those three facilities, with the last ending operations by the end of March 2014.
For suppliers attending the 2014 International CES that want coverage of their products in the TWICE Jan. 7 issue and the Official CES Daily published by TWICE, we must receive your information by Wednesday, Nov. 13.
*Only official CES products will be featured in the Daily. Please include your booth number and no more than three high-resolution (300 dpi) images.
This time of year the industry is awash in surveys about demographics, possible consumer holiday spending and the like, as you can see by the 2013 TWICE Business Annual, which begins on p. 17.
NEW YORK — U.S. chain-store sales rose 5.1 percent year over year in September, according to a new report from the International Council of Shopping Centers (ICSC).
The trade group’s preliminary figure is based on a compilation of available sales results for 11 publicly traded chains, and excludes gasoline stations and September’s tally from Gap Inc., which has not yet reported.
The report is far rosier than MasterCard’s assessment of September, which pegs total retail sales growth at 3 percent year over year.
ISSAQUAH, WASH. — Costco Wholesale reported higher sales and better net profits in its fiscal fourth quarter, ended Sept. 1, and higher volume for the year.
Net sales for the quarter were $31.77 billion, an increase of 1 percent from $31.52 billion in the prior year’s fourth quarter. Net sales for the 52-week fiscal year 2013 were $102.87 billion, an increase of 6 percent from $97.06 billion in the prior fiscal year.
HAUPPAUGE, N.Y. — Voxx International reported higher net earnings but slightly lower sales in its fiscal second quarter, ended Aug. 31.
Net income for the quarter was $4.9 million, compared with net income of $3.7 million for the comparable period last year. Net income for this year’s fiscal second quarter was favorably impacted by funds Voxx received as part of a class action settlement and funds related to the Circuit City bankruptcy.
LOUISVILLE, KY. – GE Appliances has appointed Rob Posthauer general sales manager with responsibility for all sales activities within the retail and contract channels.
He succeeds Mike McDermott, who left in September to head Lowe’s building and maintenance businesses.
Posthauer, a former Maytag manager, joined GE in 2004 and most recently served as general manager of GE’s Home Depot business, earning a Vendor of the Year award from the home improvement chain in 2012.