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  • Newegg streamlines shopping experience with Visa Checkout

    Newegg has turned to Visa to streamline the checkout process for its customers. The leading electronics-focused e-retailer will leverage the Visa Checkout payment service to simplify the process of buying online.

    Visa Checkout can be used when shopping Newegg from a desktop computer and mobile devices. To mark the addition of the new service, Newegg is running a promotion until August 25 giving customers 10% (up to $20) off purchases made using Visa Checkout.

  • Survey: Consumers like Firefly, won’t buy Amazon Fire

    Seattle – Consumers like the Firefly feature that lets users of the Amazon Fire phone scan objects to obtain information and perform instant purchase on Amazon.com, but not enough to switch from their current phones to Amazon Fire. According to a survey of 53 consumers from UserTesting, 84% chose Firefly as their number one or two favorite feature of Amazon Fire.

  • Deloitte: Back-to-school spending down

    New York -- Parents and their children in grades K-12 will spend a combined $543 on back-to-school items, and double that, at $1,223, on college spending. According to new survey data from Deloitte, parents alone expect to spend 13% less than in 2013.

  • Report: RadioShack could be delisted

    New York -- RadioShack has been notified by the New York Stock Exchange that it failed to satisfy listing standards and could be delisted after its average stock price stayed below $1 for 30 days, according to a document the company filed Friday with the Securities and Exchange Commission, the Dallas Business Journal reported.

    RadioShack shares will continue to trade as usual on the NYSE. Under the exchange rules the troubled retailer has six months from the date of notification to regain compliance, or get its shares back above $1.

  • Arba Retail Systems launches POS for Microsoft Surface Pro 3

    Naperville, Ill. – Arba Retail Systems has released a new mobile POS solution. Built specifically for Microsoft Surface tablet series, this retail management software is compatible with the latest Microsoft Surface Pro 3 Tablet.

    The retail version is designed for both single unit and chain stores. The software is built on the latest Microsoft technologies — .NET and MS SQL Server, and compatible with the Windows 8 OS.

     

  • Newegg takes back-to-school campaign to Facebook and Twitter

    Newegg has kicked off its back-to-school campaign for 2014, which features special deals, promotions and sweepstakes designed to help equip students for the upcoming school year.

    Each week of the campaign focuses on a specific theme, highlighting sales on related products and rewarding Newegg customers with special deals through Twitter and Facebook.

  • Apple plans six new China stores

    Cupertino, Calif. – Apple Inc. is planning to open six new stores in China, judging by advertisements for store managers the company has posted on its Chinese website, Bloomberg reported. The company is seeking store managers for units the Chinese cities of Tianjin, Chongqing, Wuxi, Zhengzhou, Shenyang, and Hangzhou, none of which currently has an Apple-owned retail outlet.

  • Circuit City CEO and CarMax founder passes away

    Richard Sharp, 67, the long-time CEO of Circuit City who founded used car retailer CarMax has died of Alzheimer’s disease at his home near Richmond, Virginia.

    Sharp joined Circuit City in 1982 and served as CEO of the company from 1986 to 2000. Under his leadership, Circuit City enjoyed meteoric growth with sales that increased from $175 million in 1986 to more than $10 billion by 2000. Eight years after he had left the company, Circuit City filed for bankruptcy in 2008 and the following year was liquidated.

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