Content about electronics

September 22, 2014

Beleaguered consumer electronics chain RadioShack Corp. said is in talks with an unidentified “major vendor” about modifying a commercial agreement in a way that could benefit a financial restructuring.

Fort Worth, Texas – Beleaguered consumer electronics chain RadioShack Corp. said is in talks with an unidentified “major vendor” about modifying a commercial agreement in a way that could benefit a financial restructuring. But the retailer said there can be no assurances" that talks will prove fruitful.

RadioShack announced the ongoing discussions in a Sept. 22 regulatory filing.

September 22, 2014

Beleaguered consumer electronics chain RadioShack Corp. said is in talks with an unidentified “major vendor” about modifying a commercial agreement in a way that could benefit a financial restructuring.

Fort Worth, Texas – Beleaguered consumer electronics chain RadioShack Corp. said is in talks with an unidentified “major vendor” about modifying a commercial agreement in a way that could benefit a financial restructuring. But the retailer said there can be no assurances" that talks will prove fruitful.

RadioShack announced the ongoing discussions in a Sept. 22 regulatory filing.

September 17, 2014

Assurant Solutions and Nebraska Furniture Mart celebrated the 10th anniversary of their relationship by signing a multi-year contract extension recently, covering underwriting and administration of extended service contracts on appliances and electronics.

Atlanta -- Assurant Solutions and Nebraska Furniture Mart celebrated the 10th anniversary of their relationship by signing a multi-year contract extension recently, covering underwriting and administration of extended service contracts on appliances and electronics.

September 16, 2014

While much of the attention at this week’s Apple press conference was on the iPhone 6 and the company’s new smartwatch, we believe — along with many industry analysts — that the most important news of the splashy event was Apple Pay, the company’s new mobile payments system.

By Howard W. Herndon, BlackLine Payments Advisors

While much of the attention at this week’s Apple press conference was on the iPhone 6 and the company’s new smartwatch, we believe — along with many industry analysts — that the most important news of the splashy event was Apple Pay, the company’s new mobile payments system.

September 16, 2014

Apple Pay has some unique competitive advantages that should make it a major factor in the world of mobile commerce. Consumers pay by simply swiping their finger.

Apple Pay has some unique competitive advantages that should make it a major factor in the world of mobile commerce. Consumers pay by simply swiping their finger. Any credit card associated with a user’s existing iTunes account is automatically included, and adding a new card is as easy as snapping a photo with the phone’s camera. With more than 200 million existing iTunes accounts and a large base of iPhone devotees, consumer adoption of Apple Pay should grow quickly.

September 15, 2014

John Feray, who had served as CFO of RadioShack for less than a year, has resigned from the company, citing personal reasons.

Fort Worth, Texas – John Feray, who had served as CFO of RadioShack for less than a year, has resigned from the company, citing personal reasons. Holly F. Etlin, managing director of AlixPartners and longtime RadioShack advisor, has been named interim CFO of the struggling retailer. She previously served as RadioShack's interim CFO from July 2013 to February 2014.

September 15, 2014

As the initial burst of hype over the Apple Pay mobile payment platform (and the glitchy live feed of its announcement, U2’s surprise new digital album release and chic style of the “Scarf Guy)” fades, it’s time to take a more in-depth look at the merits of the platform.

As the initial burst of hype over the Apple Pay mobile payment platform (and the glitchy live feed of its announcement, U2’s surprise new digital album release and chic style of the “Scarf Guy)” fades, it’s time to take a more in-depth look at the merits of the platform. While Apple Pay will probably not obliterate the market for traditional wallets or competing digital wallet solutions, it does possess some unique competitive advantages that should make Apple Pay a major factor in the world of mobile commerce.

September 12, 2014

The program used to steal credit card data in the recent cyber attack on The Home Depot Inc. is reportedly not the same program used in the 2013 cyber attack on Target.

Atlanta – The program used to steal credit card data in the recent cyber attack on The Home Depot Inc. is reportedly not the same program used in the 2013 cyber attack on Target. According to Bloomberg, the malware used against Home Depot, FrameworkPOS, operates by impersonating a McAfee antivirus agent.

September 12, 2014

Wal-Mart Stores has no plans to join Apple’s newly-announced mobile payments system, Apple Pay, which is due to launch in October.

New York -- Wal-Mart Stores has no plans to join Apple’s newly-announced mobile payments system, Apple Pay, which is due to launch in October.

Wal-Mart is supporting a retailer-owned mobile technology group, the Merchant Customer Exchange, which is launching its own mobile wallet application. The application, called CurrentC, is now in pilot and is expected to be rolled out nationwide in 2015, according to The Washington Post.  Best Buy is also among the retailers supporting CurrentC.
   

September 11, 2014

Near Field Communication (NFC) POS payment terminals from Pax Technology Inc. now support Apple Pay. Pax has a portfolio of products including countertop, mobile and multi-lane NFC-equipped terminals tested to work with Apple Pay.

Jacksonville, Fla. — Near Field Communication (NFC) POS payment terminals from Pax Technology Inc. now support Apple Pay. Pax has a portfolio of products including countertop, mobile and multi-lane NFC-equipped terminals tested to work with Apple Pay.

September 11, 2014

RadioShack Corp. on Thursday posted a net loss of $137.2 million in its second quarter, more than double the $52.2 million loss reported in the year-ago period.

Fort Worth, Texas – RadioShack Corp. on Thursday posted a net loss of $137.2 million in its second quarter, more than double the $52.2 million loss reported in the year-ago period.  It was the troubled retailer’s 10th straight quarterly loss. RadioShack warned in a regulatory filing it may seek bankruptcy protection, with a possible sale or third-party investment as other potential avenues to remedy its ongoing financial woes.

September 11, 2014

Apple Inc. has reportedly hired Marcela Aguilar, senior global director of marketing communications for Gap Inc., to be its new director of global marketing communications, according to AdAge.

Cupertino, Calif. – Apple Inc. has reportedly hired Marcela Aguilar, senior global director of marketing communications for Gap Inc., to be its new director of global marketing communications, according to AdAge. Aguilar, who has worked at Gap since 2011, is credited as helping to drive the company’s resurgence in brand awareness, especially among Millennials.

September 10, 2014

With the news of the iPhone 6 and Apple Watch debuting with mobile wallet capabilities in the marketplace, Apple’s announcement has given the (mobile) payments industry a boost, no doubt about it. But in what direction, and what are the implications for retailers?

By John Gessau, ACI Worldwide

With the news of the iPhone 6 and Apple Watch debuting with mobile wallet capabilities in the marketplace, Apple’s announcement has given the (mobile) payments industry a boost, no doubt about it. But in what direction, and what are the implications for retailers?

September 9, 2014

Taking aim at other digital payment platforms such as PayPal, Apple on Tuesday released a mobile payment platform called Apple Pay that will let consumers pay for purchases using their iPhones — or the new Apple Watch.

Cupertino, Calif. -- Taking  aim at other digital payment platforms such as PayPal, Apple on Tuesday released a mobile payment platform called Apple Pay that will let consumers pay for purchases using their iPhones — or the new Apple Watch. With the bold pronouncement “Wallet, your days are numbered,” Apple debuted the new service at its new products presentation in Cupertino, Calif., during which it also unveiled the iPhone 6, the larger-sized iPhone 6 Plus, and the long-awaited Apple Watch.

September 9, 2014

Analyst firm Wedbush Securities is reportedly advising clients that a bankruptcy is “imminent” at RadioShack.

Fort Worth, Texas – Analyst firm Wedbush Securities is reportedly advising clients that a bankruptcy is “imminent” at RadioShack. According to Barron’s, Wedbush has lowered its target price for RadioShack to $0, citing concerns including inability to secure lender approval for 1,100 proposed store closings and general weakness in the consumer electronics sector.

September 9, 2014

Analyst firm Wedbush Securities is reportedly advising clients that a bankruptcy is “imminent” at RadioShack.

Fort Worth, Texas – Analyst firm Wedbush Securities is reportedly advising clients that a bankruptcy is “imminent” at RadioShack. According to Barron’s, Wedbush has lowered its target price for RadioShack to $0, citing concerns including inability to secure lender approval for 1,100 proposed store closings and general weakness in the consumer electronics sector.

September 9, 2014

Whole Foods Market announced its participation with Apple Pay, the new mobile payments platform from Apple.

Austin, Texas -- Whole Foods Market announced its participation with Apple Pay, the new mobile payments platform from Apple.

September 8, 2014

For the first time ever, the majority of consumers are visiting retail websites on smartphones and tablets rather than on traditional desktop and laptop computers.

Pittsburgh - For the first time ever, the majority of consumers are visiting retail websites on smartphones and tablets rather than on traditional desktop and laptop computers. According to Branding Brand's Mobile Commerce Index report, in August 2014, mobile devices generated 51% of all online retail visits, the majority of which occurred on Apple devices.

September 4, 2014

Shoppers spent $50.17 billion online during the 2014 back-to-school shopping season, which represents a 16% gain from $43.26 billion in the year-ago period, according to eMarketer.

New York – Shoppers spent $50.17 billion online during the 2014 back-to-school shopping season, which represents a 16% gain from $43.26 billion in the year-ago period, according to eMarketer. Online commerce during the months of July and August — the main months for back-to-school shopping — accounted for approximately one-sixth of retail ecommerce sales for the year, according to eMarketer estimates, as well as 70.5% of retail ecommerce sales in third quarter 2014.

September 4, 2014

Online U.S. retail sales for August 2014 were up more than 11% as compared to the same period the prior year.

Armonk, N.Y.  -- Online U.S. retail sales for August 2014 were up more than 11% as compared to the same period the prior year. According to new IBM Digital Analytics Benchmark data, mobile traffic accounted for 41.5% of all online traffic, up 34% compared to the same period the previous year.

August 28, 2014

RadioShack is partnering with Defense Mobile Corp., a Connecticut-based veterans mobile service company to be the exclusive national retailer for Defense Mobile's new nationwide 4G LTE mobile services.

Fort Worth, Texas -- RadioShack is partnering with Defense Mobile Corp., a Connecticut-based veterans mobile service company to be the exclusive national retailer for Defense Mobile's new nationwide 4G LTE mobile services.

RadioShack will begin offering Defense Mobile's branch branded mobile services exclusively to the 51.6 million members of the U.S. military community, including those actively serving (including members of the Reserve and National Guard), veterans and their family members, planned for September.

August 27, 2014

As supermarket tenants are challenged to meet the needs of an increasingly diversified and sophisticated consumer base, and given the significant trend toward consolidation, landlords are tasked with delivering top-notch grocery-anchored centers — with a diminishing number of anchors from which to choose.

August 26, 2014

In today’s day and age, technology pervades into every aspect of our lives. With an emphasis on the fast and easy, nearly all of our day-to-day transactions are now being condensed and expressed through technological gateways.

By Nicole Chen, brand outreach associate and Michael Olmstead, director, Plug and Play Retail

In today’s day and age, technology pervades into every aspect of our lives. With an emphasis on the fast and easy, nearly all of our day-to-day transactions are now being condensed and expressed through technological gateways. With new trends appearing in the startup space and technology industry every day, it is often difficult to choose what is a good investment and what may turn out to be a dud.

August 25, 2014

As payment and POS technology continues to evolve ever more rapidly, it is more critical than ever to make sure that your POS equipment is up-to-date.

By Jared Isaacman, Harbortuch

August 21, 2014

Phillips Edison/ARC Grovery Center REIT II, announced the acquisition of two grocery-anchored shopping centers, Lake Washington Crossing and MetroWest Village.

Cincinnati -- Phillips Edison/ARC Grovery Center REIT II, announced the acquisition of two grocery-anchored shopping centers, Lake Washington Crossing and MetroWest Village. These acquisitions expand the company's portfolio to include the state of Florida.

Lake Washington Crossing is a Publix grocery store-anchored shopping center located in Melbourne, Florida, approximately 35 miles east of Orlando. Other national and regional tenants featured at the 118,698 sq.-ft. shopping center include Sally Beauty, Pizza Hut, KFC and H&R Block.