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  • Barnes & Noble income down amid higher costs; same-store sales up

    New York City -- Barnes & Noble reported that its net income for the 13 weeks ended Jan. 28 fell 14% to $52 million, compared with $60.6 million as rising costs offset higher sales for both physical and digital books. The company also said it will introduce a cheaper Nook Tablet, with eight gigabytes of memory for $199. (Its current device sells for $249.)

    Revenue rose 5% to $2.44 billion. Revenue from Nook e-readers and its digital catalog rose 38% to $542 million. The company estimates it now has a 27% to 30% share of the U.S. e-book market.

  • Something to think about for Christmas 2012

    Sales in the consumer electronics space would have been abysmal in 2011 were it not for tablet and e-readers, according to data from market researcher The NPD Group, which shows Target has an opportunity to gain share.

    Target’s recent moves to deepen its relationship with Apple could be beneficial in that regard, as it was Apple that drove CE activity in 2011 and is likely to do so again in 2012. Currently, Target is not among the top five CE retailers, which NPD lists as Best Buy, Walmart, Apple and a tie between Staples and Amazon.

  • Report: Sam’s Club looking to expand partnership with Apple

    New York City -- Apple Inc. and Sam’s Club are in early discussions to expand their partnership, possibly by adding in-store Apple shops in select Sam’s locations, according to a report on 9to5Mac, a website for Apple enthusiasts. Sam's Club stores already sell iPhone, iPad, and iPod products.

    The report, which cited unnamed sources, said that a range of plans are being discussed, including having Sam’s simply sell a broader range of Apple products without in-store features.

  • Reports: Google plans to open first freestanding store

    Dublin, Ireland -- Multiple reports on Thursday said that search giant Google plans to open its first stand-alone retail store, at its European headquarters in Dublin, Ireland.

    The company last year in London tested a 285-sq.-ft. in-store shop where consumers could try out and buy Chromebooks and a few accessories. Located in a computer store, the in-store shop was open for approximately three months.

    According to the reports, the Google store would be open to the public and would sell various Google merchandise.

  • Report: Amazon to open store

    New York City -- Amazon plans to open a store in its Seattle hometown to display and sell its growing line of electronic devices, reported Reuters, which cited industry blog Good E-Reader as its source.

    Analysts said Amazon could be inspired by the success of Apple in the retail arena.

  • Best Buy in management shuffle

    Minneapolis -- Best Buy announced that Shari Ballard and Mike Vitelli, who had both been president of Best Buy's domestic business, will take on separate jobs, effective immediately. The retailer, which posted disappointing holiday results, said it was undertaking the changes to accelerate its strategy by aligning the company's senior operating talent with its highest priorities.

  • Apple a day won't keep reporters away

    Target may have wanted to draw attention to its Shops at Target program at its media event in New York last week, the press in attendance appeared to be interested in one thing -- Apple.

    Though the Target executives present did their best to steer questions toward the topic at hand, they failed to keep reporters from asking about the retailer's partnership with Apple. The persistent reporters, as is required by such a career path, kept at it and did manage to get a few snippets of information from the tight-lipped folks at Target.

  • ForeSee: Apple, Amazon dominate mobile satisfaction

    Ann Arbor, Mich. -- A mobile commerce study released Thursday by customer experience analytics firm ForeSee found that Apple and Amazon rank far above all other retailers when it comes to mobile customer satisfaction.

    When measuring how satisfied customers are with mobile shopping experiences of 16 of the largest e-retailers in the United States, Apple and Amazon, which scored 85 and 84, respectively, on the study’s 100-point scale, topped the list by a wide margin.

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