Skip to main content

Consumer Electronics

  • Survey: U.S. expansion is key growth strategy for retailers in 2013

    Chicago -- Despite all the headlines about Canadian and global growth, U.S. expansion remains a key growth strategy for retailers, according to a survey of 100 retail chief financial officers by BDO USA.  
       
    In the seventh-annual BDO Retail Compass Survey of CFOs, 30% of the executives said U.S. expansion will be their priority growth tactic in 2013, followed by improving merchandise assortment (24%) and e-commerce and mobile commerce (22%).
       

  • The Genius of Apple’s Store Patents

    By Denise Lee Yohn, Deniseleeyohn.com

    Apple has once again rewritten the rules of business.  Its request to trademark the “Distinctive Design & Layout” of its stores has been granted by the U.S. Patent & Trademark Office. And so, as unconventional as it may seem, the Apple store’s distinctive minimalist design and Genius Bar service are now as protected as the rounded corners and user interface of the company’s mobile devices.  

  • Dick’s to open 40 stores in 2013 and debut Field & Stream format

    Pittsburgh -- Dick's Sporting Goods Inc. on Monday forecast a full-year profit for the current fiscal year that was less than expected, and also revealed it will debut a new retail concept in fiscal 2013 under the Field & Stream banner.
     
    In 2013, the company said it will open two Field & Stream stores, 40 Dick’s Sporting Goods stores, one Golf Galaxy store and two True Runner locations. The chain also plans partial remodels of 75 existing Dick’s stores.
       

  • Wilson named head of Best Buy Canada

    BURNABY, B.C. — Best Buy has named Ron Wilson as its new president and COO of its Canada operations, effective immediately. In this role, Wilson will lead the business in Canada under the Future Shop and Best Buy brands, including online.

  • Modest gains for retailers in February, led by Costco and Limited Brands

    New York -- Costco Wholesale Corp., Limited Brands and TJX Cos. on Thursday reported better-than-expected sales for February, as growing employment and a surging stock market apparently offset the impact of higher taxes. (Some analysts cautioned, however, that the monthly figures have become less influential as an economic indicator as the number of retailers reporting on a monthly basis has dropped considerable. As of this month, Target and Kohl’s are no longer reporting monthly sales.)

  • Levin announces leasing activity at Capitol Plaza

    Ewing, N.J. -- North Plainfield, N.J.-based Levin Management Corp. said Wednesday that Dollar Tree will open a store at Capitol Plaza, located in Ewing, N.J. The 13,810-sq.-ft. store is slated to open in the spring.
     
    As well, a newly expanded Center for Allied Health & Nursing Education will celebrate its grand reopening at Capitol Plaza in March. The nursing school will be renamed Jersey College School of Nursing; it tripled its space to 30,000 sq. ft. in the shopping center, which is leased and managed by Levin.
     

  • PetSmart opening at Rochester Crossing

    Boston -- Boston-based The Wilder Cos. announced Wednesday that PetSmart will grand-open its new store on March 9 at Wilder’s Rochester Crossing, N.H., shopping center.

    The opening of the 12,000-sq.-ft. store will bring the shopping center to 100% occupancy.

    Rochester Crossing, at 304,500 sq. ft., also feature Kohl’s, Lowe’s, Jo-Ann Fabric and Craft, GameStop, Tropical Smoothie and Buffalo Wild Wings.

     

  • Go Greenly will open at Riverfront Plaza

    Hackensack, N.J. -- Crossroads Cos. said that frozen yogurt franchise RCD Frozen Treats will open a 1,750-sq.-ft. store at Riverfront Plaza, located in Hackensack, N.J.

    RCD Treats is a franchise of Go Greenly.

    Riverfront Plaza is a 130,000-sq.-ft. neighborhood shopping center anchored by ShopRite. Other national retailers and service providers at the center include Chase Bank, GNC, H&R Block, KFC, Radio Shack, Subway, Supercuts, Taco Bell and Verizon Wireless.

X
This ad will auto-close in 10 seconds