Dec. CE/Majap Retail Sales Soared 7%: Feds Washington Retail sales for CE and appliance dealers rose 6.8 percent in December year-over-year, representing the third-strongest showing by channel behind only car dealers and restaurants, the U.S. Census Bureau reported.
TWICE Exclusive: Sears Rolling Out Connected-Home Shops Hoffman Estates, Ill. Sears Holdings has begun rolling out Connected Solutions shops to 200 Sears and 300 Kmart stores around the country, and is planning a major demo-home prototype display in San Bruno, Calif.
RadioShack May File Next Month: Report Fort Worth, Texas RadioShack is readying a bankruptcy filing and could seek protection as early as the first week of February, the Wall Street Journal reported.
Best Buy Holiday Sales Up 4% Minneapolis Holiday 2014 proved relatively merry for Best Buy, but the No. 1 CE retailer warned that the going may be tough in the new year.
Nebraska Readies Dallas Megastore The Colony, Texas Opening day is quickly approaching for Nebraska Furniture Mart's (NFM's) 1.9 million-square-foot showroom, office and warehouse complex here in this Dallas suburb.
GameStop Reports Soft Holiday Sales Grapevine, Texas No. 1 video gaming specialty chain GameStop said tough comparisons to fall 2013, when PS4 and Xbox One launched, contributed to a soft holiday sales tally. Readers Respond From "RadioShack May File Next Month: Report" Bjenko: "Don't close them. Try to franchise the stores in those areas? $50k each = $55,000,000. If I was CEO, I would franchise the entire company. Instant cash and continued revenue with little overhead. RadioShack just became a dynamite distributor. Focus on what the franchise stores ask for, and it will turn this ship around."