TWICE Retail Roundup

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November 24, 2014 TVs On One-Third Of All Holiday Shopping Lists: Report Englewood, Colo. — TV is back in business. Consumers To Break Holiday Shopping Records: CEA Arlington, Va. — A record-breaking 103.3 million Americans will shop online between Thanksgiving and Cyber Monday this year, up by 6.1 million shoppers over 2013, according to a survey released by the Consumer Electronics Association (CEA). Best Buy Licensing Sharp Brand For Direct-Sourced TVs Mahwah, N.J. — Sharp has licensed its badge to Best Buy for use on an exclusive line of LED TVs that the retailer is direct-sourcing elsewhere. Best Buy's Q3 Earnings Nearly Double Minneapolis – Ongoing cost reductions, tighter expense management and a slim sales gain helped Best Buy post a 98 percent increase in third-quarter profits, to $107 million. hhgregg's Chief Merchant Resigns Indianapolis – hhgregg is without a chief merchandising officer for the second time in two years. Alco Retail Chain Folds Coppell, Texas — Alco, the full-line discount store chain, has shut its doors after 113 years. DirectBuy Overhauling Business Merrillville, Ind. – DirectBuy, the troubled members-only showroom chain, is touting a new management team and a more transparent, customer-friendly style. Amazon's Wearables Biz Triples From April Seattle — Wearables is becoming big business at Amazon.com. Walmart Matching Black Friday Prices This Week North Bergen, N.J. — Walmart is looking to trump its competitors and win Black Friday with a pre-Thanksgiving sales event that began last week. Mobile Group, Revenew Team Up To Support Dealers North Andover, Mass. — The Mobile Electronics Group (MEG), the 12-volt retailer association, is incorporating Revenew's Cloud-based marketing services into the group's TSS POS system. 'TWICE Picks' Awards Launch New York — Exhibiting a Product at 2015 International CES? It Could Be Recognized by the editors of TWICE as a "TWICE Pick"! International CES Product Coverage Deadline Is Today! New York — Once again, TWICE will be publishing the Official CES Daily at the 2015 International CES in Las Vegas. This is the only daily published jointly with the Consumer Electronics Association and the only daily that is distributed on the show floor.

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