Content about Consumer electronics

April 16, 2014

Bang & Olufsen unveiled its first newly redesigned store concept in North America, at the new Madison Avenue location in New York City.

March 24, 2014

RadioShack has opened the company’s second California concept store in Sun Valley. RadioShack has been part of the Sun Valley community since opening in 1982.

March 4, 2014

RadioShack Corp. said it plans to close up to 1,100 stores, approximately one-fifth of its total, and also announced a disappointing holiday season and a wider quarterly loss.

February 4, 2014

RadioShack Corp. will close about 500 stores within months as part of its ongoing restructuring, the Wall Street Journal reported.

January 30, 2014

As part of a restructuring Best Buy Canada will be consolidating sales departments and reducing management layers in Future Shop and Best Buy stores, resulting in the layoff of about 950 full-time employees across both Future Shop and Best Buy brands.

October 29, 2013

RadioShack has pulled out all the stops for its new hometown location in Sundance Square in downtown Fort Worth, Texas, opening a retro-styled store that speaks to the heritage of the brand and locale.

October 24, 2013

Samsung Electronics Canada is opening 90 new format Samsung Experience Shops in partnership with Best Buy Canada and Future Shop.

October 17, 2013

RadioShack and Citi Retail Services announced a long-term agreement to extend their 28-year consumer credit relationship.

October 11, 2013

Best Buy is reportedly planning a major promotion to boost sales of the iPhone 5c and 5s the week of Oct. 13.

October 7, 2013

RadioShack unveiled a store remodeled to its new high-touch format, in Manhattan, with an additional Big Apple location set to open on Oct. 12.

September 16, 2013

Sept. 16, is the final day of a four-day promotion Best Buy Co., Inc. is offering to customers who want credit toward purchase of an iPhone 5.

July 9, 2013

While Best Buy is still the world’s largest consumer electronics chain, it’s no secret that the brand faces big questions about store size, format, and long-term viability in an evolving brick-and-mortar retail landscape.

June 13, 2013

Microsoft Corp. announced that it plans to open 500 “Windows Store” shops in 500 Best Buy stores across the country and in more than 100 Best Buy and Future Shop locations in Canada.

May 15, 2013

RadioShack will start offering a tailored assortment of consumer electronics products in college stores operated by NACSCORP, a subsidiary of the National Association of College Stores, this fall.

April 30, 2013

Consumer electronics retailer Best Buy is leaving the European market.

February 8, 2013

Everybody loves a turnaround story. RadioShack is betting that the now-former president of daily living products and solutions for Walgreens, Joe Magnacca, will help author a turnaround story of its own for the small-box consumer electronics retailer.

January 14, 2013

RadioShack Corp. announced that it is ending its relationship with Target, where it helps operate Target Mobile in 1,500 Target stores, effective April 8.

April 16, 2012

While a Web presence is a prerequisite to doing business in the 21st century, the fact that 77% of consumers are now using tablet computers or smartphones to shop is forcing retailers to rethink their digital strategies, according to a survey from online price comparison engine PriceGrabber. Realizing this is not a decision to be taken lightly, retailers need to take steps to ensure that mobility can be an opportunity, and not a threat, to their business.

January 31, 2012

Apple Inc. has hired John Browett, CEO of Dixons Retail PLC, the United Kingdom’s largest consumer-electronics retailer, to lead its retail store division.

January 9, 2012

Sales of consumer electronics fell 5.9% this past holiday season, as smartphones cannibalize sales of standalone gadgets like cameras, camcorders and GPS navigation devices, according to the NPD Group.

December 13, 2011

Customers returning electronics products will cost U.S. consumer electronics retailers and manufacturers nearly $17 billion this year, an increase of 21% since 2007, according to a new Accenture research report.

October 26, 2011

RadioShack Corp. reported Tuesday that profit for the quarter ended Sept. 30 plummeted to $300,000, compared with earnings of $46 million in the year-ago period.

September 21, 2011

RadioShack will begin selling Barnes & Noble’s Nook brand of electronic reading devices and accessories at its stores on Oct. 3.

April 13, 2011

RadioShack has improved its hiring decisions chainwide with the use of a behavioral assessment solution. The Web-based solution is designed not only to make the overall hiring process more efficient, but also to improve performance and reduce turnover by helping to identify the candidate who is the best fit for a given position and is thus more likely to perform better on the job. 

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