Visit our other websites:    Consumer IT    eSP    Mobile Channels    ECI news    rAVe Europe    Digital Signage News EMEA    iChannels

Retailer News

RadioShack Faces Bankruptcy... Again!

PDF Print E-mail
RadioShack Faces Bankruptcy... Again!

RadioShack is in the red for the 2nd time in 2 years, as owner General Wireless Operations (GWO) files for Chapter 11 protection after the failure of a co-branding deal with US mobile carrier Sprint.

GWO bought the RadioShack brand and its best stores in a series of bankruptcy auctions in 2015. It runs 1500 outlets, and plans to close 187 stores, either close or sell to Sprint another 364 stores and evaluate the remaining 1000 locations, with the option to liquidate.

The bankruptcy filing has CEO Dene Rogers claim a number of improvements and sales milestones during the short tenure of GWO. These include a 23% reduction in operating expensive and an 8% increase in gross profit dollars for 2016, the sale over over 1 million private-label headphones and 700000 Hulu login pins, a revamp of its e-commerce site and the integration of FedEx pick-up/drop-off points in 140 stores.

Continue reading...

Apple to Open Schildergasse, Cologne Store

PDF Print E-mail
Apple to Open Schildergasse, Cologne Store

Apple announces a second retail store in Cologne, Germany-- the Store in Schildergasse 1-9, one of the busiest shopping streets in the country, will open on 28 March 2017.

The announcement confirms previous rumours on Apple working on a retail outlet in the German city. Schildergasse spans 500m from Hohe Strasse on the Easern End to Neumarkt on the Western End, and claims foot traffic of around 13000 persons per hour.

Continue reading...

Apple Preps Second Cologne Store?

PDF Print E-mail
Apple Preps Second Cologne Store?

German website iFun.de shares photos of what appears to be a second Apple Store in the city of Cologne, as tarpaulins fail to hide a clearly lit Apple logo.

The Store is located on Schildergrasse, a busy shopping street in the city centre claiming foot traffic of around 13000 per hour. Dubbed "Apple Schildergrasse," it occupies a former retail outlet of the clothing brand Pohland, which vacated the building back in 2015.

According to Macerkopf, renovations have been going on in the building since April 2015. Close-up photos show Apple-style buildings and markings through the typically blacked out windows, and further confirming the existence of the store is the March 2016 posting of Cologne-based Apple retail job listings.

Continue reading...

Mobiles Lead to Merry Dixons Carphone Christmas

PDF Print E-mail
Mobiles Lead to Merry Dixons Carphone Christmas

Dixons Carphone reports strong results for the 2016 Christmas season, with fiscal Q3 2016 (ending 9 January 2017) revenues growing by 5% Y-o-Y thanks to mobile device sales.

The company also points out TVs and domestic appliances and best sellers, as well as record sales seen during the Black Friday and Boxing Day discount periods.

“I am pleased to be reporting another good Christmas period of growth-- our 5th consecutive year," CEO Sebastian James says. "At a time of significant political uncertainty around the world, it was heartening to see that customers were choosing to enjoy the benefits that new technologies could bring to their lives during this holiday season."

Continue reading...

A Bunker for an Apple Store?

PDF Print E-mail
A Bunker for an Apple Store?

According to German tech news site ifun.de Apple is looking for a retail location in Stuttgart, Germany-- a search that led the company to offer a "three-digit million amount" for an underground bunker.

The state capital of Stuttgart lacks an Apple Store, and the nearest official retail outlet is found 12 miles away, in Sindelfingen. Apple has reportedly been looking for a suitable location for a few years, having rejected a number of spots including the Milaneo shopping mall, a location apparently refused in the last minute.

As for the bunker, the series of underground rooms is located under the Stuttgarter Market Square in the centre of Stuttgart. Post-WW2 it was actually used as a hotel (imaginatively named the Bunkerhotel) until 1985, and a 1995 architectural competition was to turn it into a commercial complex complete with a glass prism acting as an entrance pavilion designed by Neugebauer + Roesch Architect. However the project was left on the drawing board after city authorities lost interest.

Continue reading...

Staples Offloads European Business

PDF Print E-mail
Staples Offloads European Business

Staples follows the failure of its attempted merger with office supply rival Office Depot with the offloading of its European business to private-equity firm Cerberus Capital Management.

Financial details of the deal are not available, but Reuters reports it is worth €50 million. The Staples European unit covers retail, contract and online businesses in 16 countries, and generates annual sales of around €1.7 billion.

“One of our top strategic priorities has been to narrow our geographic focus on N. America, and this is an important step toward simplifying our operations and better positioning Staples for sustainable long-term growth,” the retailer says. “We believe that working with Cerberus will help enable the future success of the Staples Europe business, benefiting our associates and customers in the region.”

Continue reading...

Panasonic (also) Automates Retail Checkout

PDF Print E-mail
Panasonic (also) Automates Retail Checkout

Amazon is not the only company working on an automated retail checkout system-- Panasonic presents an own technology able to detect the items making one's shopping before bagging them up automatically.

The Panasonic system is admittedly less futuristic than Amazon Go. As described by the Wall Street Journal, the "Regirobo" system currently requires customers to manually scan individual items before placing them the basket area (electronic item tags allowing for automatic item detection will be added on February 2017). Once all items are scanned the bottom of the bagging area slides out, dropping the items in a plastic basket.

Payments are also done in the traditional way-- a must in Japan, where cash is remains king. Panasonic echoes such sentiments to the WSJ, saying "we need good solution also for customers who wouldn’t like a completely digitalised system." As such, Panasonic aims to streamling the shopping experience, as opposed to cutting checkouts and employees entirely.

Continue reading...

Amazon Debuts Checkout-Free Supermarket

PDF Print E-mail
Amazon Debuts Checkout-Free Supermarket

After all but conquering online shopping Amazon takes on the challenge of brick-and-mortar retail-- presenting a supermarket with no cash registers and associated queues in its home town Seattle.

The "Amazon Go" store sounds like a science fiction vision of shopping in the future. Customers tap their smartphone on a turnstile when they walk into the store, logging into the store network and their Amazon account. Then they pick up their groceries and, once done, simply walk out, with the Amazon online shopping system handling the required monetary transaction. Amazon calls it "Just Walk Out Shopping," and while details are hazy the company says the technology behind it is derived from that powering self driving vehicles.

Thus, the company throws a bevy of buzzwords to describe how the system works-- computer vision, sensor fusion, deep learning. Apparently Amazon has a combination of sensors and AI sophisticated enough to determine what individual customers are looking at (even in a crowd!), identify partially blocked labels and remove an item from one's virtual shopping cart if it is removed from the real one.

Continue reading...

The World's Most Northern CE Store Opens

PDF Print E-mail
The World's Most Northern CE Store Opens

Euronics opens a store above the polar circle-- a flagship Myre Elektro outlet in Finnsnes, Norway, covering 1200 square metres with a focus on dab+ radios.

Located at a strategic location to attract traffic bassing between the towns of Finnsnes and Senja, the store was greeted by queuing customers before the local alderman cut the ribbon as part of the official opening. The store is the largest Euronics location in Norway, and is lead by David Dahl Gundersen.

Continue reading...

Apple Opens 3rd Paris Store

PDF Print E-mail
Apple Opens 3rd Paris Store

Apple announces the opening of a third retail store in Paris, France, at Marché Saint-Germain as part of the reopening of the St. Germain Market following a lengthy renewal project.

Centrally located in the 6th arrondissement of the French capital, the St-Germain Market was formerly known as the Trade Fair. It features a design by Jean-Baptiste Blondel, Napoleon's architect and originally had four galleries based around a square courtyard, but later was expanded and the courtyard was covered.

Continue reading...

Carphone Warehouse Trials Concept Stores

PDF Print E-mail
Carphone Warehouse Trials Concept Stores

Carphone Warehouse is testing out a new store format in the UK, with two outlets in Stratford and Swindon featuring a more flexible layout allowing easy fixture and fitting updates when required.

The trial layout accommodates more change, more quickly, be it adding a smartphone range or display upcoming technologies. It also gives more prominence to accessories, a device category the retailer says is going "from strength to strength," and Carphone Warehouse's own MVNO iD Mobile carrier service.

Continue reading...

Page 1 of 32

  • «
  •  Start 
  •  Prev 
  •  1 
  •  2 
  •  3 
  •  4 
  •  5 
  •  6 
  •  7 
  •  8 
  •  9 
  •  10 
  •  Next 
  •  End 
  • »