Sears’ Majap Sales Slip As Mass Channel Softens
New York – The mass merchant channel, which had held up better than specialty CE chains against the summer slowdown, is now reporting sluggish...
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New York – The mass merchant channel, which had held up better than specialty CE chains against the summer slowdown, is now reporting sluggish...
Minneapolis, Minn. – Fueled by 76 new Best Buy stores and the inclusion of Future Shop revenue, Best Buy’s total sales for its fiscal...
Ridgefield Park, N.J. — Samsung Electronics America, Sears, Roebuck and Co. and CBS Television have renewed and expanded their partnership to present CBS college...
Hauppague, N.Y. – Audiovox Electronics’ Code Systems, formerly Code Alarm which was recently acquired by the company, has restructured its national sales force, according...
New York – San Francisco will host the Home Entertainment 2003 Show, June 5-8, 2003 at the Westin-St. Francis Hotel in downtown `Frisco. HE2003...
Dayton, Ohio – Specialty retailer Rex Stores enjoyed a healthy boost in net income, but a decline in overall and comparable store sales, during...
New York – Walmart.com broke a new PC price barrier this week with the entry of two $199 computer systems from Microtel. To meet...
New York – Authorized download sites built on the Pressplay platform have begun to support transfers of downloaded music to Internet audio portables, but...
SIMI VALLEY, CALIF. — Cerwin-Vega is close to selling the company following a severe cash crunch that forced it to cut its U.S. workforce...
Xitel, a 26-year-old OEM supplier to the PC and telecom industries, has launched its first branded consumer product, a bridge that delivers downloaded or...
The custom-installation industry withstood assaults from an extended bear market, the dot-com implosion, a slow-growth economy and terrorism to begin a turnaround in recent...
Factory-level audio sales rebounded in the second quarter by 9.4 percent to $2.04 billion, but the first quarter’s 9.1-percent decline kept first-half sales almost...
Armed with a line of value-priced digital television sets and monitors, Daewoo Electronics hopes to rebuild its brand image into a supplier of high-value...
Looking to take an early lead in the flat-panel TV market, Sears, Roebuck and Co. formally announced it has added LCD and plasma TV...
Continuing to push the upmarket evolution of its brand, Sharp staged a dealer show here featuring a broad range of products and new technologies,...
Sony introduced two second-generation models for its ultra-compact MicroMV digital camcorder series. Both models — the DCR-IP55 ($1,500 estimated street price) and the DCR-IP220...
SONICblue, which holds patents to Go-Video dual-deck VCR technology, announced that JVC will license its Dual-Deck technology for forthcoming JVC-branded combination products including a...
While some national chains have reported slower than normal July and August sales, business for MARTA Cooperative of America members was good during the...
The leadership of Associated Volume Buyers (AVB) pulled out all the stops to rally member dealers around the Brand Source flag during last month’s...
Citing what it described as a dramatic deterioration in August revenue, RadioShack has lowered its sales and earnings estimates for the third quarter, echoing...
Some 2,000 attendees comprised of member dealers, manufacturers and retail service organizations packed the 60,000-square-foot exhibit area at Caesar’s Palace for the Nationwide Television...
Aaron Rents, a 650-store chain that rents and sells consumer electronics, major appliances and office and residential furniture, is buying out NATM Buying Corp....
Strong demand for room air conditioners and microwave ovens, driven by blistering summer climes, helped send unit shipments of major appliances soaring 19 percent...
WINSTON-SALEM, N.C. — Independent distributor Crosley Corp. has launched a new promotion to support its private label Crosley line of clothes dryers. Beginning this...
WEBSTER CITY, IOWA — Frigidaire Central Vacuum Systems, a division of Beam Industries, has named The Advantage Group (TAG) as its exclusive national distributor...
NEW YORK– Zenith kicked off a $30 million HDTV fall advertising campaign September 1 in which Zenith is sponsoring the majority of prime time...
Meridian brought digital audio connectability between DVD-Audio players and digital processors to lower price points. Earlier this year, Meridian upgraded its card-upgradable 800 DVD-A/V...
CEA is holding HDTV update meetings in five markets this fall to bring retailers, broadcasters and cable representatives up-to-date on the state of the...
To the Editor: At RadioShack, we support the expansion of digital technology. Generally speaking, we are also in support of speeding the reality of...
Ron Boire, president of Sony Electronics consumer sales, Mike London, senior VP of Best Buy, and Hugh Panero, president and CEO of XM Satellite...
WASHINGTONEDITOR’S NOTE: Due to a production error, an incomplete version of this story appeared in the Aug. 5th issue of TWICE. Reprinted here is...
Home Improvement rivals Lowe’s and Home Depot both reported strong sales and earnings for their fiscal second quarters, both of which ended in early...
Gemini Industries is going into the set-up solutions business — filling what it strongly considers a need-niche by sorting out the common, everyday problems...
Net income at Ultimate Electronics was cut by nearly half in the retailer’s fiscal second quarter, down to $853,000, from $1.8 million in the...
Increasing optical disc, videotape and tape-based data storage media sales boosted dollar volume in the recording media and systems segment at TDK 2.1 percent...
Iomega moved to keep its Zip drive business competitive in a world dominated by CD-RW by introducing a new drive that reads and writes...
Wherify expects to start shipping its GPS-based personal child locator device in September with the primary retail rollout taking place the following month. The...
DVR maker TiVo reported a net loss of $3 million on sales of $23.9 million for its second quarter, ended July 31, and said...
The Betamax-VHS format war officially ended last week when Sony announced that it will pull the plug on its consumer Betamax product line. The...
GERS Retail Systems and its users gathered at the Westin Hotel here late last month to discuss the company’s new products aimed at saving...
Keynote speaker Rick Gallagher, National Retail Federation (NRF) VP, gave a sobering yet, in the end, hopeful presentation during GERS’ Retail World 2002 event,...
The hardware, software and computer accessories categories all will be well represented at RetailVision next week. Alera Technologies will showcase its new DVD+R Cruiser,...