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Consumer Electronics

  • Kmart entices holiday shoppers to start early

    Kmart is gearing up for the holiday shopping season and reminding customers, including Shop Your Way members, of its No Money Down Layaway program, which is now available.

  • Kimco spins off Centennial Plaza to ARC

    Dallas -- CBRE’s National Retail Investment Group announced the sale of Centennial Plaza, a 233,797-sq.-ft. power center in Oklahoma City, on behalf of Kimco Realty Corp., to American Realty Capital-Retail Centers of America.

    Centennial Plaza, at 100% occupancy, is tenanted by Home Depot, Best Buy, Gordmans and Guitar Center. Home Depot’s Centennial Plaza location is the retailer’s first and only urban location in the city.
     

     

  • IBM: Mobile drives growth in August online sales

    Armonk, N.Y.  -- Online U.S. retail sales for August 2014 were up more than 11% as compared to the same period the prior year. According to new IBM Digital Analytics Benchmark data, mobile traffic accounted for 41.5% of all online traffic, up 34% compared to the same period the previous year.

  • Stein Mart to open at Mayfair Shopping Center

    Commack, N.Y. -- Stein Mart is set to join the tenant mix at Mayfair Shopping Center in Commack, New York, leasing 30,800 sq. ft., according to Levin Management, exclusive leasing and managing agent for the property. 

    Stein Mart is moving into the space formerly occupied by MJM Designer Shoes, which is relocating to a new 12,000-sq.-ft. space within the 221,000-sq.-ft. shopping center.

  • eMarketer: Back-to-school drives $50 billion in summer e-commerce sales

    New York – Shoppers spent $50.17 billion online during the 2014 back-to-school shopping season, which represents a 16% gain from $43.26 billion in the year-ago period, according to eMarketer. Online commerce during the months of July and August — the main months for back-to-school shopping — accounted for approximately one-sixth of retail ecommerce sales for the year, according to eMarketer estimates, as well as 70.5% of retail ecommerce sales in third quarter 2014.

  • Power center retailers are fulfilling omnichannel expectations

    By Joe Tichar, senior VP of corporate operations, DDR, Beachwood, Ohio

    Forward-thinking retailers are increasingly leveraging their brick-and-mortar locations to establish omnichannel models that meet the growing consumer demand for a more convenient, more cost-effective and more personalized shopping experience.
     

  • Euclid: August sales indicate strong back-to-school season

    San Francisco – August 2014 sales results indicate the 2014 back-to-school period had a significant boost to shopping activity. According to new data from in-store retail analytics provider Euclid, traffic increased substantially compared to the previous month, aided by temperate weather and multi-year highs in consumer confidence.

  • Asurion launches customer service solution

    Nashville, Tenn. - Asurion Retail Solutions has rolled out Solution Hub, an online platform providing consumers transparency and control of the post-purchase service experience. Solution Hub, customizable to reflect retail brands, offers consumers an end-to-end solution for filing claims, scheduling in-home repairs, and choosing the best fulfillment option for certain product categories.

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