 | August 11, 2014
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Sears Restructures Majap Biz
Hoffman Estates, Ill. – Sears has reorganized its major appliance business and has recruited a former Amazon CE merchant to help run it.
Nationwide Kicks Off PrimeTime Show
Nashville, Tenn. — The Nationwide Marketing Group kicked off its biannual PrimeTime meeting and buy fair yesterday with a series of chapter meetings, vendor presentations, marketing sessions and a private concert by country-western star Martina McBride.
Best Buy To Launch $3,499 LG OLED TV
Englewood Cliffs, N.J. – A little over a year after launching the first curved-screen 55-inch OLED TV through a limited number of Best Buy locations at a $14,999 introductory price, LG Electronics is using the big box chain to launch a second generation version ringing in at an astounding $3,499.
Best Buy, Vendors To Launch UHD Awareness Campaign
Minneapolis — Best Buy, in concert with LG, Samsung and Sony, will kick off a comprehensive 13-week consumer awareness campaign to help drive Ultra HD TV adoption beginning this Saturday.
Amazon Extends Same-Day Delivery
Seattle – Amazon.com has expanded its same-day delivery capabilities to six more markets, for a total of ten major metro areas.
Mega Group Launches Marketing Program
Memphis, Tenn. – Mega Group USA, the buying group for independent appliance, home furnishings and CE dealers, has partnered with Web4Retail to launch a comprehensive new marketing program for members.
Costco's CE Comps Rebound In July
Issaquah, Wash. – Costco reversed a nearly year-and-a-half-long stretch of soft CE sales last month.
Consumers Favor Digital Coupons: Report
Austin, Texas – Digital coupons remain the most potent form of retail promotion, a new Forrester study shows.
Distributors Slate Regional Events
New York – A trio of national and regional distributors – Wynit, Ultimate Integration and Custom Plus Distributing – have opened their doors and hit the road this summer for a series of special events.
ProSource 'Power Dealer' Meeting Draws Record Turnout
Milwaukee — ProSource, the integration and A/V specialty division of the BrandSource buying group, reported record attendance at its recent Power Dealer meeting here.
PowerHouse Holds 2nd Annual Meeting
Pittsburgh — The PowerHouse Alliance, a national consortium of 13 regional distributors serving the CE and IT specialty dealers and custom installers, recently held its second annual national sales meeting here.
Mega Group USA Beefs Up Support Staff
Memphis, Tenn. — Mega Group USA, the bedding, appliance and CE buying group, has added more field market managers and inside support personnel to its staff.
Office Depot Narrows Losses, Confirms Store Closings
Boca Raton, Fla. – Office Depot reported a $12 million loss in the second quarter, compared with a combined $18 million loss last year by Office Depot and OfficeMax, which merged in November.
Kaleidescape Joins Azione
Chester Springs, Pa. — Movie server manufacturer Kaleidescape has joined the vendor roster of Azione Unlimited (AU), the buying and educational group for integrators, custom retailers and their suppliers.
Last Chance To Register!
Placing Your Bets: The Future Of Wearable Tech
From smart watches and smart glasses to fitness trackers and health monitoring devices, wearable devices are emerging as part of an industry-wide surge of new, innovative technologies rapidly coming to market. Join TWICE Managing Editor John Laposky, New Age Electronics President Fred Towns, CEA Senior Manager of Business Intelligence Jack Cutts and other industry leaders for a discussion on the outlook of wearables as this hot product category continues to emerge. By attending, you'll gain insight into where the wearable technology market is headed and walk away knowing exactly where to place your bets now through the holiday selling season and into 2015.
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