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Consumer Electronics

  • Sears concepts slated to open in Texas

    Fort Worth, Texas -- Edge Realty Partners announced several Sears concept planned openings in Texas. 

    Sears Outlet leased a 30,577-sq.-ft. space in Ridgmar Town Square located in Fort Worth, Texas. Sears Appliance Showroom leased a 5,500-sq.-ft. space in Timber Creek Crossing in Dallas.

    And Sears Outlet leased a 35,398-sq.-ft. space in Cottonwood Creek Village Shopping Center located in Allen, Texas.
     

  • NRF: Holiday retail sales rise 4.1%, beating expectations

    Washington, D.C. -- The National Retail Federation reported Thursday that holiday sales edged NRF forecasts, rising 4.1% to $471.5 billion for the period.

    NRF predicted 3.8% growth. Results exclude automobiles, gas stations and restaurants.

  • Target to test Apple mini-stores in select locations

    Minneapolis -- Target Corp. confirmed Thursday that it plans to install Apple mini-boutiques in some of its stores this year. The concept will be tested in 25 locations, and feature a wider assortment of Apple products than is currently available at Target, according to Bloomberg.

  • ForeSee: Apple, Amazon dominate mobile satisfaction

    Ann Arbor, Mich. -- A mobile commerce study released Thursday by customer experience analytics firm ForeSee found that Apple and Amazon rank far above all other retailers when it comes to mobile customer satisfaction.

    When measuring how satisfied customers are with mobile shopping experiences of 16 of the largest e-retailers in the United States, Apple and Amazon, which scored 85 and 84, respectively, on the study’s 100-point scale, topped the list by a wide margin.

  • Scanning the Globe: Hot New Stores

    Looking for a hit list of the hottest new stores outside of the United States? Check out of some of the contenders below. The information comes from the London-based retail consultancy echochamber.com.

  • Video killed the Hhgregg star

    INDIANAPOLIS — Electronics retailer Hhgregg announced that it has lowered its third-quarter forecast, reflecting weakness in the video category.

    The company said that fiscal third quarter comparable-store sales are estimated to have increased 3.9%, with the video category expected to have decreased 4.8%, the appliance category expected to have increased 6.8%, the home office category expected to have increased 91.4% and the other category expected to have decreased 7.1%. 

  • Report: India to allow certain single-brand retailers to open

    New York City --

    The government said it would lift the current 51% ownership limit on foreign companies that sell just one brand of products — a group that would include such companies as Gap, Apple and Starbucks — if they met certain strict conditions, the report said.

  • Stakes high for Target to achieve January sales goals

    Undaunted by the reality that two months into the fourth quarter same-store sales have failed to materialize at the pace originally envisioned, Target is sticking with guidance that calls for a low- to mid- single-digit increase in January.

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