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Consumer Electronics

  • X/SPECS puts spotlight on transformation of physical stores

    Photo: From left: Sarah Amundsen, Target Corp.; Lee Peterson, WD Partners; and Erin Tyler, Target Corp.

  • U.S. leads the world in retail shrink

    Dishonest employees and shoplifters pushed shrink rates to record levels and earned the United States the distinction of leading the world in the least desirable of retail metrics.

    According to retailers surveyed for the Global Retail Theft Barometer, shrink rose in the U.S. from 1.28% of sales in 2013-2014 to 1.97% during 2014-2015. Globally, this compares to 1.42% , a figure also up from the previous .94% average of all common retailers surveyed the previous year.

  • HHgregg not looking good heading into holidays

    HHgregg 's CEO says the company is on track to meet key financial objectives even though it posted negative same-store sales growth and a larger loss in the second quarter.

  • Best Buy receives award from Office Depot

    Office Depot and Best Buy are intense competitors in many categories, but that didn’t stop the former from recognizing the latter’s sustainable purchasing practices.

    Office Depot recently held its Eighth Annual Leadership in Greener Purchasing Awards ceremony in Denver alongside the International Facilities Management Association (IFMA) World Workplace Conference & Expo.

  • Staples tries new holiday promotional strategy

    Price match guarantees and claims of fantastic deals have become passé, so Staples is employing a new promotional tactic this holiday season that speaks directly to its core customer.

    Staples is making the same claims as virtually every other retailer about its great deals, convenient shopping and omnichannel capabilities. However, to take those claims a step further in a way that speaks to its core customers, Staples has created a limited duration promotion it’s calling the “Business Savings Event.”

  • Phillips Edison acquires six grocery-anchored shopping centers

    Cincinnati -- Phillips Edison Grocery Center REIT II, Inc. expanded its portfolio in California, Wisconsin and Florida, with the acquisition of six grocery-anchored shopping centers. They include:

    Moreno Marketplace in Moreno Valley, California

  • Saks Fifth Avenue to light up for holidays

    Saks Fifth Avenue’s holiday windows are an annual tradition in Manhattan, and the retailer keeps upping the ante.

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