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Wal-Mart shrinks electronics space, adds items

Wal-Mart Stores is cutting the size of its electronics department as popular gadgets shrink and making room to add back dropped items like fishing poles, fabric and full-figure fashions."It's still a vibrant category but much smaller items are being...

Best Buy unveils new research study on the Connected World

The current dynamics of the consumer technology industry are fundamentally and rapidly changing as innovation is driven by consumers themselves. Basic human needs for comfort, connection, variety and uniqueness now drive society’s desire for a truly connected world. With...

Consumer electronics retailers in private label push

Electronics retailers have been forced to scale back their reliance on manufacturer brands while investing heavily in private label and own brand ranges in response to non-specialists eating away at both their market share and margins, according to Verdict...

Best Buy relaunches mobile website

Best Buy Mobile, the mobile specialty retail unit of Best Buy Co, has announced the re-launch of BestBuy.com/mobile. With added features, including online purchasing and instant shipping, the new online hub offers convenient, customer-focussed solutions. Best Buy Mobile has spent...

Best Buy could do worse than buy into Australia

Recent rumours linking the world's largest consumer electronics retailer Best Buy with the potential acquisition of Australian retailer The Good Guys have been met with amazement in many quarters. Why would a retailer that is in the process of...

“BI and data warehousing’s markets are intertwined and extremely symbiotic”

Teradata, the solution provider for specialised data warehousing and business analysis, is optimistic about the prospectus of their business growth in India, considering the increasing usage of cutting edge technologies in various businesses. Teradata has vast experience of working...

Retailwire: Checkout Time Limit around Four Minutes

A survey from M/A/R/C Research found that four out of five shoppers are satisfied with wait times at stores in most cases. But it also found that 10 per cent were exasperated enough to...

Retailwire: Study Predicts Major Share Gain for Store Brands

Retailwire: Study Predicts Major Share Gain for Store BrandsBy Ronald Margulis, Managing Director, RAM Communications A McKinsey & Co. study presented at the Private Label Manufacturers Association (PLMA) Annual Conference in Chicago revealed that $55 billion in annual...

Wal-Mart to sell 3G iPhones

Hypermarket chain Wal-Mart Stores chart to sell models of Apple Inc's 3G iPhone. The phones will be available in nearly 2,500 stores from December 28. "Our electronics associates have been preparing for many weeks for the arrival of 3G iPhone....

Decoding the Indian customers’ behaviour

Sanjiv Goenka, vice-chairman, RPG Enterprises, classifies the Indian consumer as being highly ambitious. Speaking at the India Economic Summit in Delhi, Goenka said, "I consider change in consumer expectations to be one of the major challenges facing the Indian...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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