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Consumer Electronics

  • DLC Management Corp. acquires The Shoppes At South Hills

    Poughkeepsie, New York - DLC Management Corporation announced its latest acquisition: The Shoppes at South Hills, a 518,000-sq.-ft. grocery-anchored power center in Poughkeepsie, New York.   This acquisition aligns well with DLC’s operations and features anchor tenants ShopRite, Burlington Coat Factory, Christmas Tree Shop, Hobby Lobby and Kmart. Other tenants include Ashley Furniture HomeStore, Bob’s Discount Furniture, and Chuck E. Cheese’s.   

  • Study – Marketing execs have IT purchase power

    Franklin, Tenn. - Vendors are leaving billions on the table because they forget to market to the chief marketing officer (CMO) rather than just the CIO and IT department.  According to a new study from IHL Group, “Hidden Treasure – The CMO’s Budget in Retail,” in 2015, the amount of IT purchased through the CMO’s budget will amount to $7.5 billion in North America.  

  • Marketing exec at RadioShack is out

    The person behind the retro marketing campaign at RadioShack is out.

    Jennifer Warren, chief marketing officer at RadioShack, is the latest top executive to leave the troubled electronics retailer as it tries to stave off bankruptcy. The company recently replaced its CFO for the third time this year as it reshuffled restructuring advisers.

    Warren joined RadioShack in April 2013 and was one of CEO Joe Magnacca’s first hires when he was putting together his turnaround team.

  • Retail Rap: Stocking Stuffers

    With 2014 almost over, another holiday shopping season is drawing to a close. The looming question on everyone’s mind, of course, is whether holiday sales managed to live up to the (mostly) positive holiday forecasts from analysts and retail organizations.   

  • Return fraud will cost retailers $10.9 billion in 2014

    Washington, D.C. – Apparently, a lot of fraud artists will get their names on the “naughty list” this year. According to the National Retail Federation (NRF) 2014 Return Fraud Survey completed by loss prevention executives at 60 retail companies representing grocery, department, discount, specialty and small retailers, the industry will lose an estimated $10.9 billion to return fraud this year.   

  • Celebration Pointe secures $46 million in financing for bridge construction and public infrastructure improvements

    Gainesville, Florida - Celebration Pointe, a 125-acre mixed-used development in the heart of Gainesville, has secured a $12 million State Infrastructure Bank (SIB) loan and $34 million in Community Development District (CDD) bonds. Celebration Pointe partner Ralph Conti made the announcement.  

  • Thieves use creativity, stupidity at Walmart

    Two men were arrested after they faked a heart attack in order to steal toys at a Walmart in Central Florida.

    According to the Polk County Sheriff's Office, Tarus Scott and Genard Dupree teamed up to steal expensive toys, including a motorized Barbie car, a Barbie Glam vacation house and a Leap Frog tablet. But it's how they stole $369 worth of toys that makes this story a little different.

  • Deckers names Outerwall chair to board

      Goleta, Calif. - Deckers Brands has appointed Nelson Chan, chairman of the board of directors of Redbox and Coinstar parent company Outerwall, to the company's board of directors. Maureen Conners will step down from the Deckers board at year-end to pursue other activities.  
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