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Consumer Electronics

  • HH Gregg undeterred by near 9% comp decline

    Appliance and consumer electronics retailer HH Gregg, reported second quarter result on Friday that weren't as bad as expected.

  • Survey: Online, mobile shopping on the rise for the holidays

    Los Angeles -- Survey results released Thursday by PriceGrabber revealed that 16% of consumers will shop using a mobile device during the holiday season, compared with 13% last year. Nearly all respondents indicated that they will do some online shopping from a computer.

    The number of consumers who plan to visit brick-and-mortar stores dropped by two percentage points to 46% compared with last year.

  • Mid-America signs 8 restaurants in Greater Chicagoland

    Oakbrook Terrace, Ill. -- Mid-America Asset Management Inc. said it has signed eight restaurant leases Greater Chicagoland shopping centers that the company represents. The leases total more than 42,000 sq. ft.

    For Dempster Plaza in Niles, Ill., Mid-America leased 9,600 sq. ft. to Asia restaurant Niles Buffet, which will open in a former Old Country Buffet space in March 2013. The 180,000-sq.-ft. center is anchored by Home Depot, Portillo's and Jewel/Osco.

  • Tyco Retail Solutions offers better theft protection

    BOCA RATON, Fla. — Tyco Retail Solutions, a provider of retail performance and security solutions sold direct and through authorized business partners worldwide, has expanded its portfolio of Sensormatic acousto-magnetic Electronic Article Surveillance (EAS) hard tags and alarming wraps. The newly available tags address many high theft, high velocity categories and give retailers a broad, comprehensive solution to protect their entire store, the company said.

    The New Sensormatic Tag Portfolio includes:

  • Apple retail head steps down after 6 months

    New York -- In a surprise announcement on Tuesday, Apple Inc. said its retail senior VP John Browett abruptly left the company on Monday. Another senior-ranking staffer iOS software senior VP Scott Forstall, will exit next year.

  • Retailers hit hard by superstorm, economy expected to rebound

    New York -- While it may be days, even weeks, before the full extent of the damage caused by Hurricane Sandy is known, economists are forecasting that retail sales will be impacted in October and November but that the economy overall will experience an uptick.

  • Ikea commits to become energy independent

    New York -- The Ikea Group plans to become energy and resource independent by 2020, according to the chain’s new “People & Planet Positive” sustainability initiative.

  • GameStop launches new holiday store concept

    Grapevine, Texas -- GameStop Corp. announced Friday it has unveiled a new store concept called GameStop Kids and will open 80 holiday stores in U.S. malls.

    GameStop Kids stores will feature an assortment of the most popular video games and accessories, toy brands and collectibles, showcased in temporary mall spaces.

    The first GameStop Kids location opened Friday at the Grapevine Mills Mall in Grapevine, Texas, with all other locations opening in the coming days and weeks, according to the company.

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