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Consumer Electronics

  • IBM Survey: Consumers willing to share information with retailers

    Armonk, N.Y. -- Consumers are looking for a more personalized shopping experience, and are willing to share select details about themselves with their favorite retailers to help educate brands on exactly how, when and where to approach them, according to the third annual consumer survey by IBM.

  • Tag Heuer opens flagship in Aventura Mall

    Springfield, N.J. -- Luxury watch maker Tag Heuer opened its second North American flagship boutique, an 800-sq.-ft. space in Aventura Mall, Aventura, Fla.

    The store is designed as a "lifestyle lounge" and is adorned with Tag Heuer accessories that range from vintage stainless steel cufflinks to the brand's technologically advanced eyewear and communication devices.

  • Disney Store announces 2012 store opening plans

    Pasadena, Calif. -- The Disney Store announced Tuesday that it will open new stores with its new design in Japan, China, Italy, North America and Canada by the end of 2012. According to the company, the store opening slate includes an inaugural location in Shanghai, China opening in the fall, making it the 12th country to receive the interactive retail model.

    Thirteen new and remodeled Disney Store locations are scheduled to open in North America in 2012, include state concept debuts in Colorado, Connecticut, Delaware, Utah and Virginia.

  • The top promoted brands of 2011 revealed

    An analysis of retailers’ ad circulars from throughout 2012 conducted by ECRM shows some familiar names dominate the list of top promoted brands and reveals some interesting movements among others.

    The ECRM report shows use of circular print ads grew by 5.5% in 2011 despite increased activity overall in the areas of online, mobile and social.

  • Best Buy in management shuffle

    Minneapolis -- Best Buy announced that Shari Ballard and Mike Vitelli, who had both been president of Best Buy's domestic business, will take on separate jobs, effective immediately. The retailer, which posted disappointing holiday results, said it was undertaking the changes to accelerate its strategy by aligning the company's senior operating talent with its highest priorities.

  • New standard for retail payments

    New York City -- A new global standard for retail payments designed to help exchange data between payment terminals and POS terminals and support new payment technologies has been released by the Association for Retail Technology Standards (ARTS) and EPASOrg, which sets card payment standards in Europe.

  • NCR introduces cloud-based POS system for independent retailers

    DULUTH, Ga. — NCR announced Monday the introduction of a point-of-sale system that will allow independent retailers to manage transactions, track sales and inventory, process credit cards and market to customers on both touch-screen terminals and Apple mobile devices.

    The system is a cloud-based platform that NCR said would give independent retailers a multichannel "sell anywhere" capability.

  • ShopperTrak: Holiday season sales grew 3.5%, foot traffic declined 3.1%

    New York City -- ShopperTrak reported Monday that national retail sales, when compared with the same period last year, rose 3.5% during November and December, while foot traffic decreased 3.1%.

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