GameStop Q2 Earnings Halved
Grapevine, Texas — GameStop's second quarter profits fell by half, to $10.5 million, and net sales slipped 10.7 percent, to $1.4 billion, as customers waited out the introduction of new gaming platforms this fall. More »
Bob Cole Joins PRO Group Board
Fort Worth, Texas – Bob Cole, president of A/V specialty dealer World Wide Stereo, has been named a director of the Progressive Retailers Organization (PRO Group), the 14-member buying group. More »
NPD: Purchase Intent Exceeds 20% For TVs, Tablets
Port Washington, N.Y. – Consumers are expected to spend $555 per person on new consumer electronics devices this year, a 9 percent increase over 2012, according to the 2013 Household Penetration Study from global information company, The NPD Group. More »
Dolby Sees Growing Adoption Of Its Audio Technologies In Mobile Devices
New York – Dolby Laboratories expects the selection of smartphones and tablets with its Dolby Digital Plus suite of sound-enhancement technologies to grow later this year. More »
AVnu Alliance Targets Residential Multi-Room Audio
New York — The AVnu Alliance, a manufacturer group that promotes the IEEE's AVB (AudioVideo Bridging) network standard, is turning its sights on the residential audio market after having developed audio-interoperability specifications for the pro audio market. More »
PCD Files Chapter 11, Plans Sale To Quality One
Hauppauge, N.Y. – Personal Communications Devices (PCD), founded 29 years ago as a part of Audiovox, entered into an agreement to sell substantially all of its assets to Quality One Wireless, which is a wireless-distribution company like PCD. More »
MTX Sweetens Programs For Dealers
Phoenix, Ariz. – MTX Audio changed the name of its Connected Commerce program for brick-and-mortar retailers to Cloud Commerce and altered the program to pay dealers faster and reduce the cost of in-store demo units. More »
Yamaha Readies IFA Introductions
Buena Park, Calif. – Yamaha will go to next month's IFA event in Berlin with multiple new products, five of which are destined for the U.S. market, Yamaha confirmed. More »
New Cellphones Include Waterproof, Retro Models
New York – Virgin Mobile's first waterproof phone, a retro CDMA 1x flip phone, and a 4G LTE slider are among the new cellphones hitting the market. More »
FCC Prods Carriers To Let Consumers Unlock Phones
Washington – Acting Federal Communications Commission (FCC) Chairwoman Mignon Clyburn is stepping up the commission's efforts to get cellular carriers to agree to an industrywide policy that lets consumers unlock their phones after their contracts are up. More »
Blog
CEA Focused Immigration, Patent Troll Reform In D.C.
By Steve Smith
Michael Petricone, government and regulatory affairs senior VP with the Consumer Electronics Association (CEA), visited TWICE's offices this afternoon and outlined the group's legislative focus for the fall when Congress reconvenes: immigration reform and patent trolls. More »
TWICE On The Scene
Nationwide Spotlights More Categories At PrimeTime!
Dallas – The Nationwide PrimeTime! convention in Dallas earlier this month highlight CE and major appliances, but also a variety of other categories. More »
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