Content about CE & Entertainment

May 16, 2012
Hawaiin boutique owner wins top prize in NRF's 'This is Retail' contest

Tanna Dang, co-owner of the Eden in Love boutique in Honolulu, Hawaii was awarded the top $25,000 prize in the National Retail Federation’s inaugural “This is Retail” video contest.

May 16, 2012
Target tops earnings view even after earlier increase

First quarter earnings at Target exceeded a profit forecast the company increased last month after a strong start to the quarter.

May 15, 2012
Kohl’s, Nordstrom, Target and Walgreens tops in Harris poll

Kohl’s, Nordstrom and Target ranked first in their categories in a new survey by Harris Interactive. The 2012 Harris Poll EquiTrend (EQ) study surveyed Americans about brands across several retail segments, revealing which brands prompted them to open their hearts—and consequently—their pocketbooks.

May 15, 2012
Retail sales stagger in April

A Tuesday report by the Commerce Department showed that U.S. retail sales during the month of April edged up 0.1%, following a 0.7% gain in March and marking the smallest rise of the year so far.

May 14, 2012
Big Lots to honor military members with discounts on Armed Forces Day

Big Lots is recognizing Armed Forces Day by offering a special discount for armed forces personnel and their families.

May 14, 2012
New chairman named at Best Buy, results of Dunn investigation revealed

A new era is emerging at Best Buy as the company tries to come back from the fallout over disgraced former CEO Brian Dunn and re-establish itself is the dominant player in the CE space.

May 14, 2012
Visual cues, comparison shopping can sway shoppers to switch brands, research finds

NEW YORK — New research that will appear in the upcoming issue of the Journal of Marketing Research explores consumer sentiment over the extension of a premium brand outside of its typical category.

May 11, 2012
GameStop releases early comps, results not good

Ahead of releasing its first quarter results, GameStop said earnings for the quarter were 54 cents per share and that same-store sales fell 12.5%.

May 11, 2012
QVC names CEO of European division

QVC has announced the promotion of Steve Hofmann to CEO of QVC Europe, reporting to QVC president and CEO, Mike George.

May 9, 2012
Sears launches anti-bullying initiative

Sears has launched Team Up to Stop Bullying, an anti-bullying initiative designed to bring solutions quickly and effectively to bullying victims, families, educators and communities.

May 8, 2012
Increases in retail container traffic expected through back-to-school season

Import cargo volume at the nation’s major retail container ports will be flat in May compared with the same month last year, but is expected to see solid year-over-year increases through this summer and the back-to-school season, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.

May 8, 2012
Survey: Consumers want retailers to integrate channels

More than 80% of U.S consumers more likely to become loyal customers to retailers that provide an integrated experience across channels, according to a study by Hybris, a multichannel commerce and communication software provider.

May 7, 2012
Sears launches localized shopping portal

Sears has launched SearsLocalAd.com, an online service that provides customers with access to additional local deals beyond the weekly Sears print circular or Sears.com.

May 4, 2012
Retail hiring down in April

The Kronos Retail Labor Index edged down to 3.8% in April from a March level that was revised three-tenths lower.

May 3, 2012
Aéropostale to offer exclusive Battleship, G.I. Joe apparel

Hasbro has partnered with teen retailer Aéropostale for an exclusive line featuring the Battleship and G.I. Joe brands.

May 3, 2012
Best Buy loses another top exec

Best Buy’s chief marketing officer, Barry Judge, has resigned. His resignation follows the departure last month of chief executive Brian Dunn.

May 3, 2012
Charitable bottled water company claims top prize in Walmart contest

HumanKind Water, PlateTopper and SnapIt Eyeglass Repair Kit have the distinction of being the winners of Walmart's Get on the Shelf contest -- beating out more than 4,000 inventors, entrepreneurs and small businesses to claim the coveted prize of being carried at Walmart.com and in Walmart U.S. stores.

May 3, 2012
Macy’s, Kohl’s, Costco fall short of expectations in April

Macy's Inc., Kohl’s, Saks and Costco’s Wholesale Corp. all reported results that fell short of expectations in April.

May 3, 2012
Major Walmart shareholder urges rejection of key board members at annual meeting

It’s looking like Walmart’s upcoming annual meeting is going to be a bittersweet affair as the company observes its 50th anniversary against the backdrop of an unfolding Mexican bribery scandal and an appeal from a major shareholder this week urging a no vote on five board members.

May 3, 2012
Warm weather helps Target deliver Q1 comps growth

April same-store sales at Target increased 1.1% and helped the company achieve a 5.3% first-quarter comps increase that was the highest in six years. How much of the performance was due to record warm weather versus good execution of a solid strategy against the back drop of an improved economy is debatable.

May 2, 2012
HSN profit rises in Q1

Multichannel shopping retailer HSN Inc. reported Wednesday that net income for the quarter ended March 31 climbed 29% to $26.2 million, from $20.3 million in the year-ago period.

May 2, 2012
IBM: Mobile commerce up 13%, but supply chain concerns remain

Mobile commerce increased more than 13% in the first quarter of 2012, according to IBM's first retail economic indicator, a cloud-based analytics report, which examines the state of the online retail sector.

May 2, 2012
NRF: Swipe fees haven't dropped enough

The National Retail Federation is responding to a report from the Federal Reserve, which revealed that debit card swipe fees collected by the nation's largest banks have significantly dropped since reform regulations took effect last fall.

May 2, 2012
ShopperTrak: Expect more sales and shoppers this Mother’s Day

A report released by ShopperTrak found that consumers are expected to shop and buy more in the week leading up to Mother's Day than they did last year.

May 1, 2012
Ahead of annual meeting, Sears predicts Q1 income growth

Ahead of its annual shareholders' meeting, Sears Holdings has provided first-quarter guidance calling for net income between $155 million and $195 million (between $1.46 and $1.84 per diluted share from continuing operations) versus a net loss from continuing operations of $165 million ($1.53 loss per diluted share from continuing operations), for the first quarter in 2011.

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