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Consumer Electronics

  • Best Buy 3Q sales lower than expected

    MINNEAPOLIS - Best Buy reported net earnings of $217 million, or 54 cents per diluted share, for its fiscal third quarter, compared with $227 million, or 53 cents per diluted share, for the prior-year period.

  • Best Buy to sell exclusive Justin Bieber headphones

    NEW YORK - Pop music phenomenon Justin Bieber has launched a new line of headphones called "Justbeats by Dr. Dre" exclusively at Best Buy stores in the United States and on BestBuy.com. According to Best Buy the headphones come in Bieber's favorite purple color and are priced at SRP $199.95 for the Justbeats by Dr. Dre Solo Headphone and SRP $119.95 for the iBeats by Dr. Dre Justbeats Edition. Both versions feature ControlTalk, a technology which lets users answer a phone call while listening to music.

  • MetroPCS to open at 25th Street Shopping Center

    Easton, Pa. -- New York City-based The Lightstone Group announced that wireless provider MetroPCS has signed a 1,080-sq.-ft. lease at the 25th Street Shopping Center, located in Easton, Pa.

    The 25th Street Shopping Center is a 131,000-sq.-ft. retail strip corridor that is home to CVS, Radio Shack, Petco, Retro Fitness, Jenny Craig, McDonald's, Pizza Hut and Sherwin-Williams.

  • National Entertainment buys most assets of defunct Movie Gallery chain

    New York City -- Movie merchandise seller National Entertainment Collectibles said Thursday that it had acquired most of the assets of Movie Gallery, which has been liquidating its Hollywood Video, Movie Gallery and Game Crazy stores.

    Movie Gallery, once the nation's second-largest video and game rental chain with 4,000 stores in the United States and Canada, filed for bankruptcy in February. In October, a federal bankruptcy judge in Richmond, Va., approved the auction of its brand names, Internet domain names and customer databases.

  • Appleton Learning Center to open at Woodway Collection

    Houston -- Jacksonville, Fla.-based Regency Centers said it has leased retail space in Houston at Woodway Collection to Appleton Learning Center.

    Specializing in tutoring services, group classes, student testing and other related services, Appleton Learning Center has leased 2,440 sq. ft. and is slated to open in February 2011.

    The 111,165-sq.-ft. shopping center is anchored by Randalls alongside national retailers such as Carrabba’s Italian Grill, Pearle Vision and Chase Bank.

  • Conn’s chairman stepping down

    Beaumont, Texas -- Regional appliance and electronics chain Conn's said Thursday that chairman William C. Nylin Jr. is stepping down and will be succeeded as non-executive chairman by director Theodore Wright.

    Nylin has served as chairman since June 2009 and was executive vice chairman before that. He has been on the board since 1993 and has also served as the company's COO and president. He will remain on the board.

  • ShopperTrak reports 2.3% rise in year-over-year sales

    Chicago -- Year-over-year GAFO retail sales increased a slight 2.3% or the week ending Dec. 4, according to ShopperTrak’s National Retail Sales Estimate (NRSE), while the company’s Retail Traffic Index (SRTI) reported foot traffic remained flat for the same period.

  • LED lighting for outdoor signage

    By Steve Williams,[email protected]

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