Keeping Current
UPS, FedEx Straining Under Holiday Crush
The nation’s two largest private shippers are pushing their systems to the limit to meet record holiday demand as shoppers continue to migrate online....
Keeping Current
Keeping Current
L.A. Sues Four National Chains Over Deceptive Sales Ads
The Los Angeles city attorney’s office claims that some sales ads by JCPenney, Sears, Kohl’s and Macy’s falsely indicated that items were being reduced...
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Eddie Lampert’s Lending Hand
Sears CEO Eddie Lampert has offered to take a larger equity position in Sears Hometown & Outlet Stores, his ailing company’s ailing specialty-store spin-off....
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Why Softbank’s $50 Billion U.S. Investment Doesn’t Include Sprint
When President-elect Donald Trump trumpeted a $50 billion investment in the U.S. by Softbank CEO Masayoshi Son earlier this week, and the creation of...
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Trump To Meet With Tech Industry Leaders
The president-elect has reportedly summoned some of the biggest names in Silicon Valley to New York next week for a roundtable discussion that could...
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Why T-Mobile’s CEO Could Beat Donald Trump in 2020
If charismatic and confrontational is what America wants now, then T-Mobile CEO John Legere could give Donald Trump a run for his money in...
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Net Neutrality, Other FCC Reforms Could Be Scrapped Under Trump
A host of consumer-friendly FCC reforms instituted under chairman Tom Wheeler (net neutrality, cable-box competition, broadband privacy protections, higher defined broadband speeds) could be...
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Social Network Leaders Step Up Efforts To Remove Terrorist Content
YouTube, Facebook, Twitter and Microsoft are creating a common database to more readily identify and remove extremist content from their websites. “Web giants YouTube,...
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Best Buy Cuts Holiday Ad Spend By 50%
An analysis of November media buys by Kantar Media shows that Best Buy cut its ad outlays by half year-over-year, as Black Friday disperses...
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Verizon, AT&T Voilating Net Neutrality Rules: FCC
The Federal Communications Commission (FCC) found that Verizon, through its FreeBee Data 360 program, and AT&T with its zero-rated DirecTV streaming services, are in...
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Steve Mnuchin Leaves Sears’ Board For Trump Cabinet Post
Billionaire investor Steven Mnuchin has stepped down from Sears Holdings’ board of directors after 11 years to pursue his pending nomination as treasury secretary...
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Nokia Poised For Smartphone Comeback
A team of former Nokia execs have obtained the brand from Microsoft, where it had foundered under a mobile licensing deal with the Finnish...
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GoPro To Cut 15% Of Its Workforce
GoPro’s struggles continue. The action-cam manufacturer will reportedly shutter its entertainment division and has scrapped its ambitious plans to release over 30 original shows....
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Trump May Save A Thousand Jobs At Carrier
In keeping with a campaign pledge, President-elect Donald Trump appears to have brokered a deal with AC maker Carrier Corp. — a unit of...
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Best Buy And Amazon To Carve Up Tech Retail: CEO Joly
After leading Best Buy through five holiday seasons, chairman/CEO Hubert Joly feels confident about Christmas, and foresees a time when CE retail will be...
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Consumers Unfazed By Samsung’s Galaxy Note7 Recall: Poll
A Reuters survey shows that the Note7’s notorious battery issues and eventual recall has done little to dissuade shoppers from purchasing Samsung phones, with...
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LeEco Gets A $600M Lifeline
Following reports of a a severe cash crunch, Chinese tech and entertainment conglomerate LeEco has come up with $600 million in fresh financing from...
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3 Ways A Trump Presidency Will Affect Apple
Donald Trump has said he will get Apple to bring manufacturing back to America, but that looks exceedingly unlikely. “Republican Donald Trump is...
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Like Most Of Us, The Election Can’t End Soon Enough For Best Buy And Target
Minneapolis’ hometown national chains Best Buy and Target are all geared up for the big holiday selling season, but one key element is still...
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Walmart Taking A Page From Target, And Vice Versa
The Nos. 1 and 2 discount chains are borrowing from each other’s playbooks this holiday season, with Walmart focusing on service — long a...
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LeEco Faces Cash Crunch
Vizio’s new owner LeEco, the Chinese maker of cars, TVs, smartphones and a streaming service that connects them, is overextended and running short of...
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Sears Planning More Appliance-Only Stores
At least two Sears stores, in Lynwood, Wash., and Paramus, N.J., along with their adjacent auto centers, will be converted into standalone appliance showrooms,...
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MQA Joins Entertainment Industry Association DEG: The Digital Entertainment Group
MQA, has joined DEG: The Digital Entertainment Group to support the expansion of high-resolution audio as a standard component of consumer entertainment. The DEG...
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China’s Xiaomi Seeks A Mobile Home In America
Xiaomi, one of the world’s fastest-growing value mobile phone brands, has set its sights on the U.S. market. But rather than go the typical...
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Peter Thiel Explains Why He’s Backing Trump
Peter Thiel, co-founder of PayPal, praised presidential nominee Donald Trump as having the ability to remake the GOP into a party that rejects bubble...
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Are T-Mobile And Sprint In Play?
Even before AT&T announced its planned acquisition of Time Warner, speculation has swirled around the possible purchases of the Nos. 3 and 4 mobile...
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Apple: 90% Of Apple Chargers & Cables On Amazon Are Counterfeit
According to a lawsuit filed against accessory manufacturer Mobile Star, Apple said it has tested more than 100 cables and chargers being fulfilled through...
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Samsung Faces Lawsuit From Note7 Owners Who Couldn’t Use Their Phones
Carriers are now being affected by the Samsung 7 recalls. “Samsung’s problems with lawsuits from alleged victims of overheating batteries in the Galaxy Note7...
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New Jersey’s Retail Vacancy Rate Is Rising
New Jersey’s native son Bruce Springsteen probably wasn’t thinking retail vacancies when he wrote “The Rising,” but the Garden State, which is among the...
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Macy’s Opens First Department Store Apple Shop
Macy’s flagship Herald Square location in Manhattan has earned the distinction of being the first department store to house an Apple shop. The chain...
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Amazon Primed To Take Target’s Customers
Target has resumed selling Amazon’s Kindle and Fire devices this week, four years after they were shown the door. According to the author, whatever...
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Amazon Opening Convenience Stores
First bookstores, then mall stores, and now convenience stores. Amazon’s latest brick-and-mortar foray will support its growing Fresh subscription grocery service, and the company...
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Google To Showcase Latest Wares In NYC Pop-Up Shop
If brick-and-mortar is dead, how come digital companies are opening so many stores? The most recent comes from Google, whose latest physical manifestation is...
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Amazon’s New Dash ‘Wand’ Isn’t As Magical As It Sounds
Unlike the original Dash Wand, this new portable scanner can be used to order nearly anything from Amazon. This hands-on review, however, shows it...
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Living With Amazon’s Alexa
“New Yorker” contributor Sarah Larson recounts her occasionally trying path toward finding common ground with her new AI pal. “The first time I met...
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Plane Evacuated After Galaxy Note 7 Smoldered
A Southwest Airlines jet was evacuated before takeoff at Louisville International Airport when a passenger’s Samsung Galaxy Note 7 began burning. “I looked around...
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Mall Of America Will Be Closed On Thanksgiving
Adding momentum to a growing holiday-shopping backlash, the nation’s largest shopping mall has decided for the first time to shut its doors on Thanksgiving...
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Amazon Bans Incentivized Reviews Tied To Free Or Discounted Products
After a blistering study showed how third-party sellers could be gaming Amazon’s review system, the e-tailer announced that the only incentivized reviews now permitted...
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Retailers Up Perks To Lure Holiday Temps
With the economy recovering and the labor market tight, retailers are working harder to recruit temp workers for the upcoming holiday season. Among the...
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Are Toy Makers Wary Of Selling To Sears?
In a research note, BMO Capital Markets analyst Gerrick Johnson says toy makers are spooked by Sears Holdings’ shaky finances. “Toy makers fearful of...
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How To Increase Mobile Website Conversion Rates
Wanna drive traffic to your m-commerce site and convert those visits into purchases? Here’s some tips on how. “Today consumers spend more time on...
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Fitch Gives Sears Two More Years At Best
The Fitch ratings service said Sears faces a “significant default risk” within the next 12 to 24 months that will likely result in a...