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Consumer Electronics

  • Accenture joins Target and P&G as keynote speaker at cybersecurity summit

    Accenture has signed on as the title sponsor for the Retail Cyber Intelligence Summit, which will be held in Chicago, October 3 - 4, 2017. The event is sponsored by the Retail Cyber Intelligence Sharing Center (R-CISC).   

  • Innovative retail concept in store expansion mode

    A tech-savvy retailer with an unusual business model is expanding its brick-and-mortar footprint nationally.    b8ta announced plans to open four new stores, designed by Gensler, with locations in San Francisco, San Jose, Calif. (Santana Row), Houston (Galleria), and New York City. The expansion, which brings the company's total store count to nine, kicks off with the opening of a store in San Francisco’s Hayes Valley neighborhood on Sept. 29.  

  • Microsoft to plant retail flag in London

    Microsoft will open its third flagship location, which will also be the company's first retail store in London.    The company announced plans to open a flagship on Regent Street at Oxford Circus. The location, which in the heart of the city's retail district, is just down the road from an Apple flagship.   

  • Report: Aerosoles exec to lead Walmart's online fashion team

    Walmart has tapped a retail veteran to bolster its foothold in its growing online fashion category.   Denise Incandela was named Walmart’s senior VP, fashion, effective October 2, 2017. She will lead the fashion businesses for Walmart.com, Jet.com, and Shoes.com, according to Fashion Network. In her new role, she will report to Walmart’s chief revenue officer Scott Hilton, the report said.  

  • Burlington to open in Sears hole at Magnolia Mall

    PREIT announced that it has fully leased the space vacated by Sears at Magnolia Mall, nine months after the store closed shop at the Florence, South Carolina, property.   Burlington opens in a 46,000-sq.-ft. space there this week. It will be joined by HomeGoods (20,000 sq. ft.) and Five Below (8,500 sq. ft.) in the spring. Also slated to open at that time is a 20,000-sq.-ft. H&M store.  

  • Food and bed highlight OKC center’s expansion

    Three restaurants and a hotel claimed four of the seven new out-parcels The Market at Czech Hall in Oklahoma City.   Developer GBT Realty announced that Hooters, Arby’s, Cheddar’s Scratch Kitchen, and Sleep Inn have signed leases at the 160,000-sq.-ft. “regional neighborhood center” on Interstate 40.  

  • When malls were the disruptors of retail

    To work in retail is to accept the inevitability of déjà vu. But what returns is often never quite the same, as can be seen in the current struggle by many shopping malls to generate enough traffic to remain viable. Let me take you back to the days of my initiation to retail in New Orleans (site of next week’s National Retail Tenants Association conference), when malls began rising in former fields and woodlands and store owners in all regions struggled to manage the change.  

  • Best Buy sets $43 billion revenue goal for 2021

    With its transformation deemed complete, Best Buy is looking for solid gains in profits and sales during the next several years. It also sees expanded opportunities for growth in new smart home initiatives.  
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