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  • Best Buy in $20 million update of its Chicago area retail stores

    CHICAGO - Best Buy’s 43 Chicagoland stores are sporting a fresher look and assortment upgrades after the retailer’s $20 million overhaul earlier this year.

    The stores’ face-lifts cover multiple areas, from new fixtures, carpeting, lighting and paint, to new customer experiences and shopping areas in stores.

    Store enhancements include:

  • Savings.com launches real-time pricing app

    Los Angeles – Online coupon/deals site Savings.com, is launching the PriceJump mobile application for iOS. The new app leverages real-time pricing data from more than 5,000 online retailers, local stores and Amazon.com to find shoppers the lowest price on any item they want to buy.

  • The true cost of Black Friday buys

    Black Friday is known for great deals, but a new study shows that consumers may want to add one more item to their holiday shopping carts.  

    Product protection plan leader Asurion recently surveyed consumers and nearly one-third of the items they purchased last Black Friday broke in less than a year. In addition, almost half (45%) of those surveyed plan to replace at least one damaged, lost or stolen item this Black Friday.  

  • Survey: Finance execs see strong Black Friday

    New York - More than two-thirds (69%) of 276 finance industry executives expect 2014 Black Friday sales figures to grow at least 2% from their 2013 levels, with more than one-third (37%) expecting growth of 4% or more. Similarly, almost three-quarters of respondents to a survey from global brokerage firm Convergex (71%) say they expect total holiday season sales numbers to grow at least 2%, with 39% of respondents predicting a gain of 4% or more.

  • Survey: Consumer electronics hot item this holiday, with Amazon and Walmart top destinations

    ENGLEWOOD, Colo. - It’s going to be a very good holiday for consumer electronics purchases, according to a survey by IHS Inc., with seven out of 10 U.S. consumers (68%) planning to buy consumer electronics during the 2014 holiday season.   

  • Is Best Buy headed for its best Christmas ever?

    Best Buy shared an optimistic view of the holiday season after posting a 3.2% third quarter comp increase at U.S. stores, but offered plenty of reasons why profitability could prove challenging.

  • Best Buy looks strong heading into holiday

    NEW YORK - Best Buy on Thursday reported unexpectedly strong and better-than-expected profit and sales for the third quarter, gaining new momentum as it heads into the holiday shopping season.  It was the first time since the third quarter of last year that Best Buy reported positive comparable store sales.

  • Staples gives new meaning to momentum

    Same stores sales declined again at Staples North American retail stores in the third quarter, but chairman and CEO Ron Sargent contends the company is gaining momentum on a reinvention strategy.

    Sargent is being generous with his usage of the word momentum to describe the performance of the nation’s leading office supplies retailer. The third quarter revealed persistent weakness in retail operations and the international business offset by modest growth in the commercial business.

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