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Best Buy Launches Holiday Microsite
Best Buy on Monday launched an online “microsite” for the holidays, which ties in with the retail giant’s overall strategy for the holidays. At Ask a Blue Shirt, users can share their holiday memories,...
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Five Star Appliance Becomes Apple First-tier Distributor In China
Five Star Appliance, which was acquired by the American electronics giant Best Buy, the company has signed an agreement with Apple to become its first-tier distributor.
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Black Friday Sales Hits Record, Retail traffic and Foot-falls up.
Retail sales on Black Friday climbed 6.6% this year to an estimated $11.4 billion, according to ShopperTrak, which tracks foot traffic at malls and stores. Last year, sales climbed just 0.3% to $10.7...
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The small-store owner is too important, nimble and innovative to be bumped...
The big fight is about whether this new policy will kill small shops, massively destroy livelihoods and take away GenNext’s opportunities. Facts suggest otherwise. Consider the kirana, the one most...
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IBM Buys Retail Forecasting And Merchandising Software Company
IBM Buys Retail Forecasting And Merchandising Software Company DemandTec For $440M. DemandTec provides retailers and e-commerce companies with tools to transact, interact, and collaborate on core...
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Retailers see smaller outlets as the next big thing.
It's definitely a correction for retailers as well as restaurants, a direct result of consumers not having as much to spend on the extras. The strategy has to be to reduce your costs to offset less...
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