Bad Week For CE Retail Execs

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April 27, 2015 Bad Week For CE Retail Execs A chairman, chief exec and top merchant move on. hhgregg Chairman Michael Smith To Step Down Sears Hometown CEO Ending Reign Staples Changes Chief Merchants Mother's Day CE Gifting To Hit $1.9B Washington – Consumers plan to spend about $1.9 billion on CE gifts for their moms this Mother's Day. Sony Launching 4K Android TV At VAC Santa Monica, Calif. — Sony Electronics will debut its first Ultra HD TVs with Android TV OS at a Video & Audio Center (VAC) store here today. Nationwide Connects with HTSA On Connected Home Nashville, Tenn. — The Nationwide Marketing Group and the Home Technology Specialists of America (HTSA) have formed a third buying organization that supplants Nationwide's specialty A/V division. Amazon Remains Low-Price CE Leader Ottawa, Canada – A report by market research firm 360pi confirms that Amazon.com remains the low-price leader in consumer electronics, and it advises CE retailers to find other ways to compete against the e-tailer besides price. Free Webinar Replay In Case You Missed It: Sell the dads, grads and back-to-school seasons with valuable insights from TWICE, New Age Electronics, HP, The NPD Group and Purchasing Power. Blog Retail Revisited: Keeping Showrooms Relevant By Jeff Trachsel, NextWorth Solutions Brick-and-mortar has turned a corner. TWICE Video Nationwide, HTSA Detail New Alliance Reader Talkback ZoetMB on Distributor Spins Out Online Vinyl Store: "Let's get over the hype. This is a very niche market and probably always will be." Retail Tweet of the Week @AlanWolf_TWICE: Wanna buy an Apple Watch in-store? Don't hold your breath. TWICE Holds 3rd Annual VIP Awards New York — TWICE is conducting the third annual VIP Awards program, in which retailers and distributors will have the chance to honor the products that have made the biggest difference in their businesses.

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