Topic: consumer electronics
Both Father's Day and graduation drive an uptick in the sales of consumer electronics (CE).
Almost three years it stopped selling consumer electronics, Sears will start offering the product category again in one-third of its stores.
Matt Sargent, SVP of retail at Frank N. Magid Associates, is questioning why a big-box chain such as Target is not pushing to drive more sales in its CE division.
HHGregg is the most recent retailer to announce that it will stay closed on Thanksgiving, joining a growing list of merchants sitting on the sidelines that day.
Eddie Antar, the man behind the Crazy Eddie electronics chain has died at 68.
Amazon has been slowly opening bookstores, but now plans to speed things up in the coming months with pop-up shops devoted to electronics in shopping malls.
Amazon is developing two music subscription services available for a monthly fee, but one has a significant twist.
Target is once again selling Amazon branded products on its website, with plans to bring them back in stores, as well.