Tide Has Turned On Price, Says Best Buy’s Schulze
Best Buy chairman/CEO Richard Schulze said the consumer electronics industry has turned the corner in its devaluation of products, and he has re-engineered his...
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Best Buy chairman/CEO Richard Schulze said the consumer electronics industry has turned the corner in its devaluation of products, and he has re-engineered his...
Despite the loss of the industry’s second-largest retail account, white goods manufacturers say they will readily find a place for their orphaned products. Whirlpool,...
CHICAGO — Wards began selling majaps online earlier this month. The assortment, which is limited to washers, ranges, refrigerators, dishwashers and small appliances by...
West Coast specialty chain Good Guys is creating a new dot-com company to spearhead its entry into e-commerce this spring. The high-end, San Francisco-based...
The growing importance of e-commerce as a key distribution channel for consumer electronics hasn’t been lost on retail finance companies. Indeed, just as e-tailers...
They’ve made their lists, checked them twice, and are learning which vendors are naughty or nice. That, in a nutshell, is what retailers, e-tailers...
LAS VEGAS — Nationwide TV & Appliance, the country’s largest buying group, has forged an e-commerce alliance with appliance.com, the online consumer unit of...
Dealers attending last month’s annual Nationwide TV & Appliances meeting in Las Vegas were optimistic about the prospects for another banner year. Thanks to...
In an era of continuing dealer consolidation, the retail tail is increasingly wagging the dog within the consumer electronics and major appliance industries. Indeed,...
The early holiday sales results are in, and retailers – of both the brick & mortar and online kind – say it’s beginning to...
Never mind the Thomas Wolfe line that you can’t go home again. For Ronald Unkefer, who retakes the reins of The Good Guys next...
LAS VEGAS — Demonstrating its commitment to independent dealers while forging new discount distribution channels, GE Appliances sent its general manager of merchandising, Dave...
The heads of the nation’s three largest consumer electronics chains took on such hot-button issues as direct-to-consumer sales by manufacturers and the future of...
The combination of a new generation of innovative digital products and a still feisty, if long-in-the-tooth bull market, is proving to be an irresistible...
New York was abuzz with e-commerce clatter late last month when the fifth annual Internet & Electronic Commerce Conference and Exposition (iEC ’99) rolled...
New York — One year ago the future seemed bright for Brandwise.com. Riding the wave of e-commerce mania, the cyber start-up came into being...
“We can’t spend enough to shout above the clutter of Christmas, so we won’t shout about it,” said Henry Chiarelli, executive VP and general...
The NATM Buying Corporation has begun to embrace the Internet. Though still trailing more web-savvy groups, notably Associated Volume Buyers with its b-to-c selling...
The following study presents original research on shoppers’ online buying behavior within the consumer electronics category. The report, based on consumer polls, is the...
Just when they thought things couldn’t get any better, they did. Back in 1998, consumer electronics retailers lauded the explosive combination of a soaring...
Wolf Camera, the 700-plus-store specialty chain, plans to open four new locations in New York City within the first quarter of next year, bringing...
Life is good for third-party service administrators. The industry, having cleaned up its collective act after past practices had tarnished its image, now finds...
As new technologies reshape consumer electronics, and retail competition intensifies, the industry’s leading merchants are continually morphing to keep pace with change and press...
Richmond, Va. — Now that news of Circuit City’s appliance pullout has had time to sink in, the industry is casting a cold, hard...
Within the over-stored and notoriously cutthroat Northeast corridor, the NECO Alliance stands as something of an anomaly. Despite its small dealer makeup, the two-year-old...
JACKSONVILLE, FLA. — Circuit City unveiled the first newly built Superstore to feature its appliance-free format here last month. The soft opening preceded a...
It was back in 1940 or ’41 — you’ll excuse the vagueness but I was only a small boy at the time — when...
Those who think digital color TV receivers are a brand new high-tech phenomenon have another thing coming. The first all-digital signal processing sets were...
The industry’s TV retailing pioneers haven’t all retired from the scene. There’s at least one still going strong: Ken Crane, the founder of the...
While No. 1 retail chain Best Buy plans to increase its store count by more than 60 this year — including the first New...
MOUNT PROSPECT, ILL. — Bang & Olufsen America (BOA) has entered an expanded joint venture with B&O storeowner Mark2 Inc. to operate a total...
Scottsdale, Ariz. — MARTA committees discussed a couple of new initiatives intended to oil the wheels of the buying group during its meeting here...
Many in the warranty business say that providing extended repair contracts just doesn’t cut it anymore. Replacement contracts are superceding the traditional repair contracts...
I’d like to remind dealers and others of a truism that has been around since the beginning of the appliance and consumer electronics industries:...
To “e-” or not to “e-” was the question for many gift-shoppers during the recent holiday selling season. According to eight e-commerce experts gathered...
With the furniture business going strong and new appliance technology accelerating replacement cycles, prospects for the Best Brands Plus (BBP) buying group look generally...