Items tagged with retail

Credit the late Steve Jobs for creating a consumer culture in which Apple product launches have become big time spectacles highlighted by long lines. If you're hoping to be one of the first to get your mitts on an iGadget, you better pitch a tent in front of your local Best Buy or Apple Store, otherwise it could be backorder blues for you. Or at least that's how it's traditionally been. With the forthcoming launch of the Apple Watch, company retail boss Angela Ahrendts wants to change the culture. Rather than wait in long lines for hours or even days, she wants Apple Watch... Read more...
It's long been rumored that Amazon has been itching to move into the traditional retail store market, but doing so is not a small endeavor. One of the biggest hurdles is simply finding available retail space, especially when it comes to wanting to get close to competitors, or appear in a one of the busier parts of some cities. What can make all of that a lot easier is to takeover retail space from an outgoing company. Say, for example, one with over 4,000 pre-existing stores. Yes, we're talking about the ill-fated RadioShack, which hasn't instilled us with the... Read more...
One could argue that Apple users are accustomed to paying a premium for their mobile brand of choice, but being charged double for the luxury of using Apple Pay, the Cupterino company's new mobile payment system, is not something anybody signed up for. Yet it happened to roughly 1,000 Bank of America debit card holders. "We’re aware of a Bank of America issue impacting a very small number of Apple Pay users," an Apple spokeswoman told Bloomberg in a telephone interview. "They’re working on a fix that will be available shortly and reversing any duplicate transactions." The issue has... Read more...
Mega online retailer Amazon is reportedly prepping its first brick-and-mortar shop, which will be located in the middle of New York City and open for business in time for the busy holiday shopping season. Having toyed with same-day shipping and free two-day shipping for Amazon Prime members, operating a physical store that consumers can walk into is really the only way for Amazon to compete with the instant gratification that comes from traditional shopping. According to The Wall Street Journal and the "people familiar with the plans" that it spoke with, the store will reside at 7 West 34th St.,... Read more...
Seasons, even in the world of technology, come and go. Lately, Apple has been in a season of change, with quite a few executives moving around, retiring, or otherwise being replaced over the past couple of years. None of that movement has caused any negativity for the brand itself, and we don't expect the latest move to reverse the trend. Zane Rowe, who has served as Apple's head of North American sales, will depart the company soon to be replaced by Doug Beck. Presently, Mr. Beck looks after sales in Japan and South Korea. Essentially, Beck's role is expanding to now encompass the huge North American... Read more...
Intel is inside many computers, but the company wants to be inside retail locations, too. The company produced a video outlining its efforts to prop up Intel Experience Stores, the first of which will open in Nolita, New York at 10am on November 23rd. The whole venture sounds intriguing, if somewhat odd. Clearly, the CPU maker wants to push its brand presence and get people seeing its wares in person and spending hands-on time with its technology, but it appears as though Intel is looking to do more with the stores. Artist rendering The Intel Experience stores will also be designed as a sort of... Read more...
Friendly gestures evidently only get you so far, and in the cutthroat world known as technology, it appears that RadioShack and Staples are tossing a cold shoulder in the direction of Amazon. As retail locations selling consumer electronics begin to fade, same-day delivery icons like Google and Amazon are beginning to gain major traction. The annoyance of having to visit a store to pick something up (compared to having it appear at one's doorstep) cannot be understated, and in a bid to get those straddling the divide into a B&M location that they may otherwise pass over, Staples and RadioShack... Read more...
We hear the phrase "the future is mobile" a lot, but just what does that mean? Most of us are equipped with smartphones, and some of us tablets... just how much more mobile can we get? With devices that we don't own, but still use, of course. Case in point: an installation eBay is planning to kick-off with a major retail partner in New York City this summer. The plan was mentioned at TechCrunch's ongoing Disrupt conference by eBay CEO John Donahoe. Details are extremely light at the moment, but what is known is that this retail outlet will have a touchscreen window, likely to allow passersby to... Read more...
Google apparently isn’t going to be opening any brick and mortar stores anytime soon to compete with Apple and Microsoft on that front, and it appears as though that’s because the company isn’t interested in piddly local retail. Instead, the tech behemoth has its sights on a far greater retail prize by opening a same-day delivery service to compete with the likes of Amazon Prime. TechCrunch reports that according to its sources, Google Shopping Express would beat Amazon Prime on the cost of the service to the tune of about $10-$15 a month, and the service would ensure same-day... Read more...
Apple rumors are to be taken with their own kind of salt, but the smoke that's leading to fire here certainly seems plausible. In recent years, Apple has started to offer its products in more places than just online or in one of the few Apple Stores scattered about the globe. Everything from iPod products to MacBook products are now found everywhere from Best Buy to Target, and even Walmart. And as those products become ever more acceptable in the business world, business-centric retailers are now looking to start stocking some hotter gear. Staples hasn't been the most popular retail brand in recent... Read more...
Beginning March 3, Best Buy will extend its price-matching "Low Price Guarantee" to all local retail competitors and 19 major online outfits in all product categories on nearly all in-stock products, provided the customer requests it. That includes popular online shopping sites like Amazon.com, Newegg.com, and TigerDirect.com, to name just a few. At the same time, however, it's being reported that Best Buy's "Return and Exchange" period is being slashed in half from 30 days to 15 days, after raising it a year ago. According to The Consumerist, numerous sources have confirmed the policy change,... Read more...
Sometimes, the world's best jobs are the hardest seats to fill. You'd have to imagine that heading up Apple's retail sectors -- one of the most successful in the world at the brick-and-mortar game -- would be something of a fun and exciting challenge. But after losing the head a few months ago due to choice, Apple has now lost another top guru in that department. Jerry McDougal, Apple’s vice president of Retail, has left the company. It was rumored that he may have been in the running to fill the still-vacant senior vice president role, but there's no real clarity on that given that the company... Read more...
While the jury is still out somewhat on how successful the Windows 8 and Windows Phone 8 platforms will be, Microsoft is apparently confident enough that it’s planning to open more retail stores in 2013. Microsoft is starting off the year by opening a half-dozen new locations, in San Antonio, Miami, Beachwood (Ohio), San Francisco, Salt Lake City, and St, Louis. These will join the 51 other stores that Microsoft opened throughout 2012, including in several Canadian locales. Some of those stores have been “specialty” outlets, and many will be either expanded or transitioned into... Read more...
Black Friday was kind to quite a few companies and retail outlets, Nintendo included. While the Wii U launched in earnest a few days prior to the famed shopping day, it's clear that a lot of people waited until last week to make their move. The company sold 400,000 Wii U consoles in America last week, while it moved 1.2 million devices in sum. That last figure includes the Wii U, the recently discounted Wii, 3DS and DS handhelds. Amazingly, the older Wii sold a whopping 300,000 units last week -- just 100,000 shy of the newer, shinier Wii U. We guess the old adage about pricing holds true. The... Read more...
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