 | September 29, 2014
| RadioShack Investor Confirms Restructuring Talks
Fort Worth, Texas – Hedge fund Standard General has confirmed that it is exploring various options with RadioShack to help finance the struggling chain through the holiday season.
Holiday Sales To Rise 4%: Deloitte
New York – Gains in the economy and digital usage will help drive a 4 to 4.5 percent increase in retail sales this holiday season, a Deloitte study shows.
Walmart Hikes Holiday Hires
Bentonville, Ark. – Walmart plans to hire 10 percent more temporary workers for the holiday season, suggesting expectations for a more robust fourth quarter.
Late Deliveries Spur Early Online Shopping: Survey
Stamford, Conn. — Nearly half of Americans (49 percent) plan to shop online earlier for gifts this holiday season, with 63 percent citing concern over late deliveries, a survey by Pitney Bowes shows.
Best Buy Adds Exclusive Designer Accessories
Minneapolis — Best Buy, in a continuing effort to make its product mix unique, will roll out an exclusive fashion line of portable device cases from designers Nanette Lepore, Anna Sui and Isaac Mizrahi New York.
Azione Membership Hits 100
Chester Springs, Pa. – Azione Unlimited (AU), the education and buying group for custom retailers and integrators, added five new members within the past two weeks, bringing its dealer ranks to 100.
HTSA Foresees Strong Q4
Barrington, Ill. — The Home Technology Specialists of America (HTSA), the buying group for specialty A/V dealers and custom integrators, said it's poised for a strong finish to the year.
Almo Expo Attendance Up Sharply
Philadelphia – Almo, the national majap and CE distributor, reported a sharp spike in attendance at its regional trade shows this year.
Stampede Kicks Off Drone-Centric Fall Tour
Minneapolis — National video display distributor Stampede will kick off its "2014 Big Book of AV" fall tour here tomorrow.
D&H Redesigns Website
Harrisburg, Pa. – D&H Distributing has re-launched its website with enhanced navigation, search, notification, and watch-list functionality.
PowerHouse Adds Velodyne
Pittsburgh — The PowerHouse Alliance, a national consortium of 13 regional distributors serving the CE and IT specialty dealers and custom installers, has added Velodyne Acoustics to its line card.
Petra Adds NuVo Distributed Audio
Edmond, Okla. — Petra Industries, the national distributor of home theater, A/V accessory and custom-installation products, has added NuVo Technologies' whole-home audio systems to it line card.
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