News

New York -- Deloitte’s Consumer Spending Index rose in September, aided by a near 11% gain in home prices. The Index tracks consumer cash flow as an indicator of future consumer spending.

In today’s connected world, complex technologies are creating richer consumer experiences, but are also creating greater expectations. With the explosion of connected and mobile devices in recent years, consumers now have better control of their interactions with the companies whom they choose to do business with than ever before. This is good news for the consumer electronics industry as it represents an excellent opportunity to engage with customers on a more regular basis.

Chicago -- PacSun announced Monday it has partnered with Lyons Consulting Group to upgrade its e-commerce and mobile sites. PacSun said it had outgrown its previous platform and needed a more scalable solution in order to support its growth and provide the shopping capabilities that their shoppers have come to expect.

ROCHESTER, N.Y. — Kodak is moving forward with its plans to emerge from bankruptcy and said Friday it is ready to discuss reorganization plans with certain key creditor groups.

SAN FRANCISCO — Fujitsu Frontech North America, a technology and front-end solutions provider and Retail Pro, a provider of software applications for the specialty retail industry, announced a strategic business alliance that bundles Fujitsu hardware with Retail Pro software for a total point of sale solution. The alliance features bundled, purpose-built retail solutions that are intended to address the growing specialty segment of the retail industry, by providing sleek hardware, simplified software integration and rapid deployment for customers.

FRAMINGHAM, Mass. — Staples is now offering its customers the chance to pre-order the latest computers and tablets optimized for Microsoft Windows 8 through its exclusive "8 Was Easy" program.

Customers can pre-order the computers and tablets online or in stores and receive free personalized training and free support. Consumers who purchase any Windows 8 PC regularly priced $699 and above will also receive free data transfer from their old computer.

By Mark Williams, Best Buy

In August, we at Best Buy announced that we were joining a cadre of other major retailers in an effort to build a mobile-commerce solution that can improve shopping and paying for customers and merchants alike.

Schaumburg, Ill. -- Higher consumer confidence levels, increased impulse buying and consumer intent to spend more could all lead to an upside surprise in 2012 holiday spending, according to Nielsen analyses.

Although almost six out of every 10 consumers (59%) reported plans to spend the same as last year, there is a 10-point drop (from 37% in 2011 to 27% in 2012) in the number of people expecting to spend less. Eight percent of respondents reported plans to spend more this holiday season, up from 5% in 2011 and 2010.