Sony Ending Direct Sales

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August 3, 2015 Sony Shutting Online Store San Diego – Sony will pretty much complete the dismantling of its direct-sales operations at month's end, when it plans to pull the plug on its e-commerce site. Sears' Q2 Sales Fall Amid Digital Divergence Hoffman Estates, Ill. – Sears Holdings' same-store sales continued to decline during its fiscal second quarter, as chairman, CEO and chief investor Eddie Lampert furthers his long-term digital focus. New Age Gathering Ponders Impact Of Windows 10, IoT Products Hollywood, Calif. – The launch of Windows 10 and the growing confluence of connected-living devices were top of mind at New Age Electronics' Retail Dealer Summit here last month. Amazon's Echo Heard In Staples Framingham, Mass. — Amazon has extended distribution of its Echo smart speaker to Staples, making it the exclusive third-party retailer of the Cloud-based device. Industry Mourns Bob Abt Glenview, Ill. – Bob Abt, CEO of industry institution Abt Electronics, died late last month at the age of 77. With word of his passing, condolences and memories of Bob poured onto our site. Here is a selection of them. Slideshow New Age "Lives It Like A Star" In Hollywood Retail Tweet Of The Week @LisaM_Johnston: No Amazon Dash button for chocolate? Seems like a missed opportunity. Now Available 2015 TWICE Top 100 CE/Major Appliance Retailers Report Last year was another tough one for CE, what with industry contraction and smartphone mania diverting dollars from A/V. Indeed, total tech retail sales fell about 4 percent, although double-digit growth at Amazon limited sell-through declines to 0.4 percent for TWICE's Top 100 CE dealers. Enter appliances, that beautiful, big-ticket category that still manages to generate volume and profits. Learn more about the industry's retail giants, and their earnings salvation, with the 2015 Top 100 CE/Major Appliance Retailers Report. Click here to purchase the report.

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