Content about Electronic engineering

April 10, 2014

RadioShack opens its latest custom concept store, located in Boston, April 10.

Fort Worth, Texas – RadioShack opens its latest custom concept store, located in Boston, April 10. Situated in the Downtown Crossing neighborhood, the newly remodeled store features a custom contemporary nautical design, paying homage to the city's maritime heritage with sailing rope accents, weathered wood and a ship's bow centerpiece.

March 24, 2014

RadioShack has opened the company’s second California concept store in Sun Valley. RadioShack has been part of the Sun Valley community since opening in 1982.

Fort Worth, Texas — RadioShack has opened the company’s second California concept store in Sun Valley. RadioShack has been part of the Sun Valley community since opening in 1982. The new concept store has moved to a new location in Canyon Plaza.

March 20, 2014

RadioShack will open the company's second California concept store in Sun Valley on March 22.

Fort Worth, Texas -- RadioShack will open the company's second California concept store in Sun Valley on March 22. This RadioShack had been in Sun Valley since the store opened in its original location in 1982.

All concept stores in the company's portfolio feature an upgraded shopping experience, which showcases the company's new look. Concept store features include:

• A speaker wall controlled by in-store tablets, empowering customers to experience a dozen different speakers.

March 5, 2014

Following RadioShack’s surprise announcement that it will close 1,100 stores in an attempt to staunch the flow of red ink, the company has retained Melville, N.Y.-based A&G Realty Partners to manage the disposition.

Following RadioShack’s surprise announcement that it will close 1,100 stores in an attempt to staunch the flow of red ink, the company has retained Melville, N.Y.-based A&G Realty Partners to manage the disposition.

“In the coming weeks we’ll be working with our landlords to find an efficient and cost-effective means to exit these unprofitable locations, and as such, we’ve engaged A&G Realty to assist us in this process,” said John W. Feray, RadioShack’s CFO, during a March 4 earnings conference call.

March 4, 2014

RadioShack Corp. said it plans to close up to 1,100 stores, approximately one-fifth of its total, and also announced a disappointing holiday season and a wider quarterly loss.

Fort Worth, Texas -- RadioShack Corp. said it plans to close up to 1,100 stores, approximately one-fifth of its total, and also announced a disappointing holiday season and a wider quarterly loss. The shutterings will leave the chain, whose turnaround appears to be still far off, with over 4,000 locations, including more than 900 dealer franchise locations.

February 27, 2014

As part of a restructuring, Sony Electronics announced plans to close 20 U.S. Sony stores, along with a total staff reduction of one-third by the end of the calendar year.

San Diego -- As part of a restructuring, Sony Electronics announced plans to close 20 U.S. Sony stores, along with a total staff reduction of one-third by the end of the calendar year.

February 4, 2014

RadioShack Corp. will close about 500 stores within months as part of its ongoing restructuring, the Wall Street Journal reported.

New York -- RadioShack Corp. will close about 500 stores within months as part of its ongoing restructuring, the Wall Street Journal reported on Tuesday. The retailer, which is due to report results for the fourth quarter later this month, has about 4,500 locations.

January 27, 2014

RadioShack is introducing a new brand positioning, including the motto, "It Can Be Done, When We Do It Together."

Fort Worth, Texas – RadioShack is introducing a new brand positioning, including the motto, "It Can Be Done, When We Do It Together." The company said the new positioning highlights the brand's ability to collaborate with consumers to help them discover what is possible through technology.

January 16, 2014

The Cellular Connection, a 300-unit national operator of Verizon Wireless stores, has selected RetailNext to develop staffing models, help with store design by analyzing customer’s path to purchase, and monitor traffic and conversion rates to help gauge the success of advertising campaigns.

Camdenton, Mo. – The Cellular Connection, a 300-unit national operator of Verizon Wireless stores, has selected RetailNext to develop staffing models, help with store design by analyzing customer’s path to purchase, and monitor traffic and conversion rates to help gauge the success of advertising campaigns. This will include testing and optimizing store layouts and product placements for their interactive touch screens, device wall, KidZone, and smart accessories (e.g. headsets, speakers, etc.) in order to offer customers the best in-store experience.

January 13, 2014

RadioShack is enlisting specialty retail industry veteran John W. Feray to help the company execute its turnaround strategy and has appointed him executive VP and CFO, effective Feb. 6.

New York -- RadioShack is enlisting specialty retail industry veteran John W. Feray to help the company execute its turnaround strategy and has appointed him executive VP and CFO, effective Feb. 6.

January 7, 2014

Annual retail payments on mobile handsets and tablets are expected to reach $707 billion by 2018, representing 30% of all e-retail by that time.

Hampshire, U.K. - Annual retail payments on mobile handsets and tablets are expected to reach $707 billion by 2018, representing 30% of all e-retail by that time. According to a new Juniper Research report, “Mobile Payment for Digital & Physical Goods: Opportunities & Forecast 2014-2018,” this compares with mobile retail spend of $182 billion in 2012, when mobile accounted for around 15% of e-retail.

December 16, 2013

RadioShack has opened a new concept store in Fairfax Center II in Fairfax, Va.

Fort Worth, Texas — RadioShack has opened a new concept store in Fairfax Center II in Fairfax, Va.

The new concept stores feature a speaker wall where customers can compare 13 different speakers; interactive displays with headphone demo stations; technology explained by touch-screens and apps; brands such as Apple, HTC and Samsung as well as mobile carriers including AT&T, Sprint and Verizon; and a do-it-yourself area where customers can plan projects.

 

December 13, 2013

RadioShack will open its newest Fairfax, Va. location as a concept store on Dec. 14.

Fort Worth, Texas -- RadioShack will open its newest Fairfax, Va. location as a concept store on Dec. 14. The new store is the first concept store in this area.

All concept stores in the company's portfolio feature an upgraded shopping experience, which showcases the company's new look, and incorporates interactive areas designed to help shoppers improve their technology profile. Some features include:

December 11, 2013

RadioShack has completed a new financing totaling $835 million.

Fort Worth, Texas – RadioShack has completed a new financing totaling $835 million. That figure includes a $535 million credit facility led by GE Capital, Corporate Retail Finance and a $250 million secured term loan led by Salus Capital Partners, LLC.  

November 22, 2013

Verizon Wireless unveiled its new "destination store" format, in Mall of America, Bloomington, Minn. The sleek, modern-looking 9,715-sq.-ft. store is designed to show customers how wireless technology fits into their mobile lifestyles.

Verizon Wireless unveiled its new "destination store" format, in Mall of America, Bloomington, Minn. The sleek, modern-looking 9,715-sq.-ft. store is designed to show customers how wireless technology fits into their mobile lifestyles.

November 19, 2013

At the conclusion of the current fiscal year on December 31, RadioShack will align its fiscal year-end to a traditional 52-week retail calendar with the fiscal year ending on the Saturday closest to January 31st. RadioShack says this is the format used by the majority of retailers today.

Fort Worth, Texas -- At the conclusion of the current fiscal year on December 31, RadioShack will align its fiscal year-end to a traditional 52-week retail calendar with the fiscal year ending on the Saturday closest to January 31st. RadioShack says this is the format used by the majority of retailers today.

November 19, 2013

Verizon Wireless unveiled its Verizon Destination Store format, at Mall of America, Bloomington, Minn. The new concept is designed to help customers discover all that wireless technology can do for their mobile lifestyles.

Bloomington, Minn. -- Verizon Wireless unveiled its Verizon Destination Store format, at Mall of America, Bloomington, Minn. The new concept is designed to help customers discover all that wireless technology can do for their mobile lifestyles.

November 12, 2013

Amerlux CEO/president Chuck Campagna has announced that Chris McQuillan has joined the management team as VP of sales.

Fairfield, N.J. -- Amerlux CEO/president Chuck Campagna has announced that Chris McQuillan has joined the management team as VP of sales. Amerlux is a global leader in innovation, manufacturing and creative lighting solutions for a broad range of commercial, retail, hospitality and institutional environments.  

November 8, 2013

RadioShack will open its newest Houston location as a concept store on Nov. 9.

Fort Worth, Texas -- RadioShack will open its newest Houston location as a concept store on Nov. 9. All concept stores in the company's portfolio feature an upgraded shopping experience, which showcases the company's new look, and incorporates interactive areas designed to help shoppers improve their technology profile.

Some features include:

November 1, 2013

RadioShack has leased 2,556 sq. ft. at the 175,515-sq.-ft Hamilton Plaza in Hamilton Township, N.J., according to Levin Management, the property’s managing and leasing agent. Metro Commercial Real Estate Inc. served as the tenant’s broker in the transaction.

North Plainfield, N.J. — RadioShack has leased 2,556 sq. ft. at the 175,515-sq.-ft Hamilton Plaza in Hamilton Township, N.J., according to Levin Management, the property’s managing and leasing agent. Metro Commercial Real Estate Inc. served as the tenant’s broker in the transaction.

October 30, 2013

RadioShack Corp. has opened a new concept store in Detroit, and another in Philadelphia.

Fort Worth, Texas – RadioShack Corp. has opened a new concept store in Detroit, and another in Philadelphia. All new concept stores in the company's portfolio feature an upgraded shopping experience, which showcases the company's new look, and incorporates interactive areas designed to help shoppers improve their technology profile.

October 24, 2013

Samsung Electronics Canada is opening 90 new format Samsung Experience Shops in partnership with Best Buy Canada and Future Shop.

MISSISSAUGA, Ont. -- Samsung Electronics Canada is opening 90 new format Samsung Experience Shops  in partnership with Best Buy Canada and Future Shop.  
 
The company plans to expand its Canadian retail footprint with the opening of two freestanding Samsung Experience Stores, one in Edmonton, Alberta, and the other Richmond, B.C. All retail locations are scheduled to open by spring 2014.

October 22, 2013

RadioShack Corporation reported a net loss of $112 million during the third quarter of fiscal 2013, compared to a net loss of $47 million in the year-ago period.

Fort Worth, Texas - RadioShack Corporation reported a net loss of $112 million during the third quarter of fiscal 2013, compared to a net loss of $47 million in the year-ago period. It was the retailer’s seventh straight quarter posting a net loss. The company also named Paul Rutenis, formerly senior VP, general merchandising manager for the home division of J.C. Penney Company, as its new chief merchant.

October 18, 2013

RadioShack has opened its first new concept store in the Boston area.

Fort Worth, Texas – RadioShack has opened its first new concept store in the Boston area. The store is located in the Porter Square neighborhood of Cambridge, Mass.

October 4, 2013

RadioShack Corporation is reportedly planning to raise funds before the end of this year to gain the confidence of suppliers in its turnaround effort.

Fort Worth, Texas – RadioShack Corporation is reportedly planning to raise funds before the end of this year to gain the confidence of suppliers in its turnaround effort. According to Bloomberg, RadioShack currently has enough liquidity to operate through 2014 but intends to raise additional cash through financing.