R'Shack Shaping Bankruptcy Deal … Or Dissolving: Reports Updated! Fort Worth, Texas — While most of America spent yesterday engrossed in the Super Bowl, RadioShack was reportedly working on a bankruptcy deal with lead lender Standard General.
Extended-Service Industry Embraces Connected CE Biz New York – Extended-service contracts remain a high-margin cornerstone of CE retail, but the companies that underwrite and administer these programs are finding themselves under increased pressure.
D&H Ups Connected-Home Ante Harrisburg, Pa. — National IT/CE distributor D&H Distributing has beefed up its assortment of connected-home devices, and is encouraging its dealer and integrator customers to do likewise. More »
Amazon Q4: Sales Up, Profits Down Seattle – Amazon.com reported a 15 percent increase in net sales, to $29.3 billion, and a 10.5 percent decline in earnings, to $214 million, for its fourth quarter ended Dec. 31.
hhgregg Posts Dour Holiday Quarter Indianapolis – Sharp declines in hhgregg's computer, tablet and TV businesses, and its exit from the mobile and fitness categories, led to lower sales and an $87 million loss for its fiscal third quarter.
Sears Cuts 115 Corporate Jobs Hoffman Estates, Ill. – Sears Holdings has trimmed 100 positions at its headquarters complex here and 15 posts at other corporate support locations.
MyerEmco Offshoot Acquires Integrator Gaithersburg, Md. – MyerConnex, the Washington, D.C.-area installer/integrator born of MyerEmco, is on a growth path.