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Consumer Electronics

  • GameStop Q2 sales fall

    GameStop Corp.’s revenue fell short of expectations in the second quarter as a lack of new game titles cut into its core business.   Sales fell 7.4% to $1.63 billion in the quarter ended July 30. Same-store sales fell 10.6 %.    Net income rose 10% to $27.9 million, in line with Wall Street projections.  

  • Retailers Need to Think Like Restaurants

    At the Converse Store on the Third Street Promenade in Santa Monica, “customization maestros” help sneaker fans manufacture their dream shoe.   

  • Not enough of a good thing

    With few new grocery centers being built, developers are upping the ante on existing ones

    Pat Donahue, together with his late brother Dan and business partner Tom Schriber, has been in grocery-anchored shopping centers since the ’90s. That’s when Schriber calculated that the company’s long-term fortunes, which had rested on mall development up until then, would be better wagered on high-traffic “necessity-based” retail.

    “At malls you get ’em three times a month.

  • Shop Talk

    TRENDING STORES: Hello Kitty‘s pop-up café, at Irvine Spectrum Center in Irvine, Calif., has been drawing crowds since it opened in July. It’s housed in a shipping container that’s been painted pink and refurbished with a counter and dining patio area, complete with bistro tables and pink-and-white striped awnings. Character graphics adorn the exterior and interior container panels. The café will remain open for a year.

  • Amazon gets more involved with auto industry via new site

    Amazon isn’t selling cars — at least not yet anyway — but it has launched a site where consumers can research and compare cars and read reviews.   Called Amazon Vehicles, the new site is designed as a research destination for customers shopping for vehicles, parts, and accessories   It includes detailed specifications, photos and reviews for an array of car models, both new and classic, ranging from Tesla Motors' 2014 Model S to the 1965 Ford Mustang.  

  • READY FOR FALL

    There’s no getting around it: It’s been a long, hot summer for the retail industry, one that many retailers will be happy to see end.

    From the liquidation of The Sports Authority and Hancock Fabrics to the downsizing of Macy’s and Office Max (to name a few), the past few months have been full of angst as merchants struggle to find their way in a disrupted marketplace.

    The good news is that many merchants are rising to the task. They are making the hard calls, however painful, and investments necessary to compete in today’s omnichannel world.

  • Project Profiles

    Los Gatos Village Square

    Location: 15466 Los Gatos Boulevard, between California Highways 85 and 17 in Los Gatos, California

    Size: 46,235 sq. ft.

    Developer: Donahue Schriber Realty Group

    Grocery anchor: Trader Joe’s

    Key tenants: Pet Food Express, See’s Candies, The UPS Store, AAA Automobile Club, Baja Fresh Mexican Grill

  • Best Buy full of surprises in Q2

    Best Buy Co. exceeded analysts’ expectations on several fronts in its second quarter.   Profit surged a better-than expected 21% in the quarter ended July 30, rising to $198 million from $164 million in the year-ago period.   Best Buy’s overall revenue totaled $8.5 billion, which was basically flat with last year, but also better than expectations.      
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