PRO Group Looks To Fresh Start In ’03
Following a trying year marked by weak sales and the departure of its second-largest dealer, The Progressive Retailer Organization (PRO Group) is welcoming 2003...
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Following a trying year marked by weak sales and the departure of its second-largest dealer, The Progressive Retailer Organization (PRO Group) is welcoming 2003...
CE and appliance emporium Fry’s Electronics opened the doors to its first Nevada location here earlier this month, raising the store count of the...
One of the very best things about being is journalist is the fact that you get to meet some fascinating people. As anybody who...
New York – CE retailers posted poor sales results for December, citing weak consumer demand and diminished store traffic. Bucking the trend was Best...
GERS Retail Systems introduced a host of enhancements across its product line at CES. The San Diego-based retail systems software provider unveiled the next...
Taking advantage of its inherently tech-savvy customer base, Amazon.com will begin emphasizing early adopter products within its CE offering this year. CEO Jeff Bezos...
Faced with mounting losses in its Musicland business and poor fundamentals going forward, Best Buy shut 107 Sam Goody and Suncoast stores, eliminated president...
Most entrepreneurs do not need a consultant or anyone else to tell them where they are going. “Making a profit” is still a worthwhile...
In the year after 9/11, the nation, and consequently the nation’s consumer electronics retailers, are still feeling the aftershocks of the terror attacks. Despite...
Ultimate Electronics is resigning from the Progressive Retailers Organization (PRO Group), the high-end dealer consortium that it helped found 17 years ago. The departure...
Maytag plans to nearly double the size of its 2-year-old Maytag Store appliance chain to at least 49 units next year. The retail stores,...
Of all the investments a retailer can make to improve the profit picture of his business, none can be more productive than the time...
Despite a slew of grim economic indicators, all is not doom and gloom for holiday CE sales. While acknowledging the “very tough selling environment,”...
Kmart has completed work on a new prototype store that was designed to address some of the problems plaguing the bankrupt discount chain. The...
The unique set of circumstance facing retailers this quarter — economic uncertainty, the threat of war, seaport logjams — has cast the outlook for...
The industry’s three largest music retailers and five biggest record companies are paying $67.4 million in cash and $75.7 million in CDs to settle...
“Home entertainment” is increasingly becoming a commodity business. National chains are buying up independent specialty retailers. Hard drive music servers, home networking, and Internet-provided...
A new survey by the Consumer Electronics Association (CEA) suggests that providing shoppers with more information about products, either before purchase or at the...
The list of the departed and walking wounded consumer electronics retailers in my home area — generally referred to in the media as “affluent...
In a previous column I made reference to the fact that each year in this country we sell or lease almost as many new...
To provide a more comprehensive service offering to customers — while enhancing their recurring revenue streams — RadioShack and Best Buy have expanded their...
Last spring Tweeter Home Entertainment Group began a sweeping reorganization that, by year’s end, will have fully integrated the management and chief merchants of...
Energy efficiency has been a focus of the consumer electronics industry for many years. As our country looks for ways to conserve energy, companies...
The news from the NECO Alliance, the Northeast buying group organization, is similar to other groups of independent retailers: business remains strong and the...
The recent downturn in discretionary consumer spending sent September and quarterly comp sales skidding for national CE and general merchandise chains. The weak comparisons...
The North American Retail Dealers Association (NARDA) and its National Association of Service Dealers (NASD) has published the 2002 Compensation and Benefits Report, a...
BrandsMart, the Kansas City, Mo.-based independent CE dealer, borrowed a page from department store floor planners for its fifth location, which opened here last...
Given what’s gearing up to be a price-competitive Christmas, retailers will likely be relying more than ever on back office systems to improve efficiencies...
Despite the recent slowdown in CE sales and foot traffic — or, more accurately, because of it — sales of extended service and replacement...
Retail sales will rise 4 percent this holiday season — nearly matching the 4.3 percent gain during November-December 2000 — as consumers slowly regain...
Technology can be made to advance by order of the government. That’s a misguided tenet that appears to be deeply entrenched in the minds...
Lowe’s to the left of them, Home Depot to the right of them, and Best Buy breathing down their necks with smaller market stores....
The retail mantra “Know thy customer” is assuming an added urgency this season given the sudden sales slump reported by leading CE specialty chains....
After forging e-commerce pacts with Circuit City and Target, leading pure-play e-tailer Amazon.com has further expanded its online CE reach with the launch earlier...
Despite continued economic uncertainties, Americans plan to spend more on back-to-school products this year than last, according to a survey by the International Mass...
“Will our lives ever return to normal?” It was the final question from the floor, and none of us could really answer it then....
Our industry faces a challenge. Our flexibility with technology is conflicting with the rising power and strength of copyright owners. How we resolve this...
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...
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...
WEBSTER CITY, IOWA — Frigidaire Central Vacuum Systems, a division of Beam Industries, has named The Advantage Group (TAG) as its exclusive national distributor...
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...