Consumer Electronics

Richfield, Minn. – Best Buy is reportedly planning a major promotion to boost sales of the iPhone 5c and 5s the week of Oct. 13. According to TechnoBuffalo, an internal corporate memo indicates that consumers who trade in select smartphones that week will receive a $100 credit that can be used to cover the down payment on a new iPhone 5c or 5s.

Retail design and brand strategy firm Interbrand Design Forum has added nine new associates as business continues to grow with key retail and manufacturing clients.
 
Allen McCormick has been named executive director, overseeing relationships with key client partners. Becky Lau was hired as senior consultant, strategy and analytics. Aaron Stancik is also new to the Strategy & Analytics group where he will serve as a senior consultant working on projects for Michael Hill and FedEx.

Indianapolis – Hhgregg opened a new store in Huntsville, Ala., on Oct. 10. The new store replaces a previous location at a different address.

"We are excited to introduce a new, modern store to our customers in Huntsville," said Jeff Pearson, senior VP of marketing for Hhgregg. "We hope that residents will take advantage of special sale pricing on a wide variety of appliances, electronics, furniture and much more."

West Chester, Pa. - Liberty Interactive Corporation plans to create a QVC Group tracking stock as part of a recapitalization of the Liberty Interactive Group tracking stock. The QVC Group class of common stock will track the value of QVC, Inc. and Liberty's approximate 38% interest in HSN, Inc., along with cash and certain liabilities.

Dallas – SAP previewed a mobile app called Snap at its SAP Retail Forum held in Dallas Oct. 7-9. Designed for both tablets and smartphones, Snap is aimed at consumers who purchase items that require DIY assembly.

Indianapolis — Simon Property Group has announced the grand re-opening of the redeveloped The Shops at Nanuet, a 750,000-sq.-ft. open-air main street center in Rockland County, N.Y.

With the re-opening, three new anchors are making a debut: Fairway Market, open now, Regal Cinemas, opening in November, and 24-Hour Fitness, opening in December. They will join existing anchors Macy’s and Sears at the property.

Bryn Mawr, Pa. — Ollie’s Bargain Outlet has opened at Boardman Plaza in Youngstown, Ohio, according to WP Realty, the center’s owner.

Boardman Plaza is a 625,000-sq.-ft. center and home to national, regional and local tenants including Burlington Coat Factory, Hobby Lobby, Save A Lot, Planet Fitness, Michaels, giant Eagle and Rite Aid.

RadioShack unveiled a store remodeled to its new high-touch format, in Manhattan, with an additional Big Apple location set to open on Oct. 12. The format incorporates interactive areas designed to help shoppers improve their technology profile. The chain premiered the design in July, on Manhattan’s Upper West Side.

Features of RadioShack’s updated design include: