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Sears Trimming More Stores
Sears Holdings is conducting another round of store closings, affecting an undisclosed number of Sears and Kmart locations around the country. All the retailer...
Retail
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Best Buy Had Ho-Hum Holiday
“Significant declines” in mobile phones, tablets and digital imaging led to a nearly 1 percent dip in Best Buy’s U.S. revenue over the holiday selling...
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Amazon Sweetens Prime Pot For Gamers
Amazon has upped its (video) game by offering Prime members 20 percent off all new titles. The newest perk to Amazon’s $99/year Prime loyalty...
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Target’s Take On CES 2016
Updated! Target’s top brass is in town for CES 2016 and in between booth tours and vendor meetings they managed to share their impressions of...
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Best Buy, Target, Amazon Cop DEG Awards At CES 2016
Hollywood’s The Digital Entertainment Group (DEG) bestowed retail honors upon Best Buy, Target and Amazon at its annual CES awards reception last night at The Encore. The studio-driven...
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Video & Audio Center Planning Fifth Store
Updated! Encouraged by strong results from its recently opened interactive digital flagship store, L.A.’s Video & Audio Center (VAC) is planning to bring the...
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Holiday Promos Hurt Sales At hhgregg, Conn’s
Fierce holiday discounting and month-long “Black November” promotions took a toll on two of the industry’s largest multiregional big-box chains. hhgregg president/CEO Dennis May...
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Holiday Sales Up 8%: MasterCard
Despite reports of a so-so holiday season, MasterCard said retail sales were up 7.9 percent year-over-year. According to the company’s SpendingPulse report on consumer...
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$50 Fire Tablet Was Amazon’s Top Holiday Seller
Demand for Amazon’s 7-inch Fire tablet set the e-commerce site ablaze this holiday season. The $50 device, launched 15 weeks ago, was the retailer’s...
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ICYMI: Holidays Enter The Home Stretch
Updated! Now that all the gifts are unwrapped and stockings unstuffed, retailers and their customers have entered the last leg of the holiday season....
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Ultimate Electronics’ HQ Lives On As New Digs For Colorado Appliance Chain
It’s been four years since Ultimate Electronics, once a mighty Western big-box chain spanning 19 states with 64 stores, went belly up. Since then,...
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Best Buy Broadens Samsung TV Giveaway
Last week Samsung and Sprint sweetened the Galaxy pot by throwing in free a 32-inch LED HDTV with every new or upgraded subscription and...
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Delivery Companies Stressed By Holiday Orders
As e-commerce grows, and shipping revenues fall, retailers also pinched E-commerce has apparently become a victim of its own success. As more and more...
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Walmart Enters The Mobile Payment Ring
Walmart has become the latest addition to the increasingly crowded mobile payment marketplace. Just in time for Christmas, the world’s largest retailer today unveiled...
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Best Buy, Sears, hhgregg Lure Last-Minute Christmas Shoppers
With Christmas little more than a week away, retailers are mounting a final round of pre-holiday promotions to grab their fair share of procrastinators....
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Target Wraps Up Holidays With Final Pre-Christmas Push
With an estimated 30 percent of holiday shoppers still waiting to hit the stores, Target is gearing up for its final pre-Christmas promotion of...
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Canon, Adorama Play Find The Camera Across NYC
Adorama, the Manhattan CE, IT and digital imaging specialty store, is partnering with Canon for a camera scavenger hunt spanning all of New York...
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‘Green Monday’ Promises Another Spike In Online Sales
You searched online for Thanksgiving deals, snagged a Black Friday doorbuster, and blew your budget on Cyber Monday. Well, here comes another chance to...
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GameStop’s Non-Gaming Store Count Hits 1,000
GameStop is still primarily a video game specialty chain, with thousands of flagship shops around the world. But that’s no longer its chief engine...
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New Online Service PriceLocal Gives Local Merchants A Fighting Chance Against Amazon
A new online shopping service developed by ex-Borders exec Matt Chosid gives local retailers a chance to compete directly against Amazon. The service, dubbed...
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FTC Moves To Block Staples-Office Depot Merger
In the industry’s second major merger challenge by federal regulators this year, the Federal Trade Commission (FTC) yesterday moved to block Staples’ proposed $6.3...
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Sears Offers Free Shipping On In-Store App Orders
With free online shipping becoming one of the holiday season’s keenest sales propositions, Sears has taken added steps to stay competitive. First, its newly...
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Amazon Launches 12-Day Sales Event
To keep the Black Friday sales momentum going, Amazon has kicked off another Days of Deals discount promotion through mid-December. This time, the world’s largest...
CES-2016
Sony Brings High-Res Listening Stations To Best Buy
Sony Electronics and Best Buy have launched new high-res audio listening stations, available now in nearly 80 Best Buy Magnolia Design Center stores nationwide....
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Staples, Best Buy Had An Appy Thanksgiving
As more shoppers let their fingers do the walking with smartphones and tablets on Thanksgiving/Black Friday weekend, mobile shopping apps also played a bigger...
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How Video & Audio Center Bested Black Friday
Amid last weekend’s holiday shopping frenzy, when doorbuster deals drew large crowds and low margins, at least one independent tech dealer decided to take...
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hhgregg Holding 4K Home Theater Giveaway Today
In its first post-Black Friday promotion, hhgregg is conducting a one-day Samsung sweepstakes that is sure to brighten somebody’s yuletide. The regional CE, appliance...
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Exclusive: Target Updates Smart Home Store
TWICE Exclusive! When Target opened its Open House in San Francisco earlier this year, it signaled that the world of smart homes and the...
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Amazon Was Lowest In Black Friday Pricing, But Walmart And Best Buy Came Close
A combination of frequent price adjustments and deep discounts on select items made Amazon the king of competitive pricing over Black Friday weekend. According...
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Staples-Office Depot Deal Hits Snag: Report
Staples’ proposed $6.3 billion buyout of Office Depot may be hitting a regulatory roadblock. According to the New York Post, the Federal Trade Commission...
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Amazon Devices On Fire Over Black Friday Weekend
Amazon’s family of proprietary tech products got a running start to its holiday haul last weekend. The world’s largest e-tailer said it sold millions...
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Cyber Monday Breaks Records, Stalls Target, Mobilizes Walmart
Updated! The numbers are in and Cyber Monday appears to be one for the record books. According to retail analytics firm Custora, Nov. 30...
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Which Products, Retailers And Channels Won The Holiday Weekend
Though merchants are still tabulating their weekend takes, and we’re still only midway through Cyber Monday, early returns are pointing to the leaders, and...
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Cyber Monday Web Spending Set To Top Black Friday
While retailers continue counting their receipts from what appears to have been a robust Black Friday weekend, the best may be yet to come,...
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Amazon Formally Previews Drone Delivery System
Amidst all the Black Friday weekend hype, and as if it wasn’t busy enough, Amazon quietly released some new video previews of its long-awaited...
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On The Scene: Best Buy Tackles Black Friday
It’s here — or, rather, it’s gone. Despite what some have deemed a backlash against stores opening on Thanksgiving, many shoppers still forsake their...
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hhgregg Starting Weekend Sales Tonight
In the holiday game of early-sale one-upmanship, hhgregg is scoring points by kicking off its weekend event this evening. Beginning online only at 9 p.m....
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Toshiba Tops Staples’ Cyber Monday Stable
Staples has joined the Cyber Monday pre-announcement fray with a notebook-heavy lineup of sale-priced Toshiba Satellites, HP Pavilions and Lenovo Ideapads. Tablets, by Amazon,...
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Amazon’s Cyber Week Begins On Saturday
Cyber Monday is shaping up to be a battle royale for digital dominance, and Amazon is not about to cede any ground. The world’s...
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Kmart Kicking Off Cyber Monday Deals On Sunday
Attention Kmart shoppers! Taking a page from Walmart, the chain will begin its Cyber Monday deals on Sunday, Nov. 29, and transform the one-day...
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Best Buy’s Cyber Monday Ad Leaked
The gremlins are at it again, and have managed to post Best Buy’s Cyber Monday sales circular. In keeping with the day’s digital theme,...
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Toys‘R’Us Cyber Monday Ad Leaked
Santa’s sleigh will be a little less digital on Cyber Monday if Toys“R”Us has its way. The chain’s Cyber Monday ad was leaked on...