In Part 3 of our Luxury Market series, we examine how vendors plan to make it through '09 with their business acumen (if not profits) intact.
Home Entertainment Source (HES) has announced the addition of two new audio partners to its Expert Warehouse distribution center and the rollout of its long awaited transactional Web site for dealers.
Revenue in the overall consumer electronics space in the U.S. declined 4 percent in 2008, after rising 4.5 percent the previous year, with LCD TVs and notebook PCs the top drivers of growth. That's according to the NPD Group's consumer tracking service, which released the numbers Thursday.
If there is anything the last two years have taught us, it is that things are not getting any easier in the business world, and that the A/V business is struggling to find its place. The independent retailer and custom installer are struggling to find relevancy in the never-ending pricing erosion, with the competitive picture ever worsening.
Brand Source announced Friday that it has extended an offer to Circuit City credit card holders, offering a year of no interest- plus a $25 gift certificate- to those who mail in their credit card.
In today’s uncertain economy, a manager’s most important job is to lead, inspire and motivate his team. It’s no small task to create energy in a chaotic environment. At the same time, though, the greatest leaders in history were created in times of adversity.
With the demise of Circuit City, other retailers have begun jockeying for position to move into markets vacated by the nation's second-largest CE retailer. Zip Express Installation is planning to pick up some of the slack left by the company's firedog divison.
It sure isn’t a pretty economic picture out there these days, especially in the mass market—in fact, all the way up to the upper-middle-class, or people who could tentatively describe themselves as millionaires.