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Consumer Electronics

  • Amazon’s unveils 2013 holiday toy list

    Amazon.com has unveiled its 2013 holiday toy list which features, for the first time, top toy picks voted on by Amazon Mom fans and an enhanced Holiday Gift Finder that allows shoppers to filter by age, gender, interests, brands and price points.

  • Apple hires Burberry CEO to run its retail stores

    Cupertino, Calif. -- Apple Inc. has hired a much-admired fashion industry veteran to run its retail stores. The company announced Tuesday that Angela Ahrendts, CEO of British luxury giant Burberry Group Plc, has been appointed to the newly created position of senior VP of retail and online stores. She will join Apple in the spring from Burberry.

    At Apple Ahrendts, 53, will become a member of the executive team and report directly to CEO Tim Cook. She will be the first woman on Apple’s 10-member executive team.

  • Survey finds coupons drive impulse purchases

    New York — More than half (54%) of shoppers who used a coupon during purchase would not have made the purchase without the deal; in addition, 55% of these shoppers were inspired to shop because they received a coupon. Those are some of takeaways from a recent survey by Tada.com, which offers deals and coupons from more than 5,000 retailers.

  • Saks’ Chicago flagship to devote two floors to new in-store men’s format, The Fifth Man

    New York -- Saks Fifth Avenue in January 2014 will unveil its renovated men’s store in its Chicago flagship on Michigan Avenue. The renovation will encompass a total redesign of floors six and seven, creating an open environment that will be easily accessed by a new express elevator that will take passengers directly to the men’s floors.  

  • B&N opens El Paso store Oct. 16

    New York -- Barnes & Noble, Inc. debuts a new bookstore on Oct. 16 at The Fountains at Farah in El Paso, Texas. Concurrently, the existing Eastside store will close.

  • Study: Recasting brick-and-mortar stores in an omnichannel world

    The Internet and mobile have transformed consumer shopping behaviors, but the in-store shopping still remains important to many consumers, especially when buying cosmetics, apparel, grocery and office supplies, according to a new study from global management consulting firm A.T. Kearney. It is important, however, that retailers strategically assess and recast the role of stores.

  • Ross adds 24 new locations to existing 1,130 stores

    Pleasanton, Calif. — Ross Dress for Less opened 24 new locations last Friday, on Oct. 11. The openings complete the retailer’s 2013 expansion plan to open 65 new locations this year.

    The new store openings bring the total of Ross stores to 1,154. Four of the new Ross stores opened in Illinois, three in Missouri and one in Indiana, as the retailer continues its growth in new markets it has entered over the past two years.

     

  • Study: Physical stores still key to consumers in omnichannel world

    Chicago -- Consumers value the retail store experience on multiple levels and continue to make the vast majority of their purchases in stores, according to a new study from global management consulting firm A.T. Kearney. The report found that the physical store is the channel of choice across all ages (from Millennial to senior citizens) and household income levels (from less than $25,000 per year to more than $100,000 per year).

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