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News

‘The New American Home 2025’ Gets Its Smarts & Its Power from Savant

July 25, 2025 by Ted Leave a Comment

Savant was a silver sponsor of The New American Home 2025

At the International Builders’ Show (IBS) in Las Vegas, NV, earlier this year, show organizers employed expert builders/craftsmen/tradesmen/and installers who conceived, designed, created, and built a new $15.5 million modern custom home designed to set the standard for luxury living in 2025 and beyond. According to organizers, “The New American Home 2025 is a statement of what’s to come in the world of residential architecture. Join us as we redefine the standard of luxury living.” Savant and the Savant Power system were a major part of adding the luxury experience to this home.

Learn all about the smart tech & power from Savant in The New American Home…

[Read more…] about ‘The New American Home 2025’ Gets Its Smarts & Its Power from Savant

Filed Under: Brands, Feature, Marketing, News, Products, Shows & Events, Technology Tagged With: Savant Power, The New American Home

Sonos Board Decides to Upgrade Interim CEO Tom Conrad to Official CEO

July 23, 2025 by Ted Leave a Comment

Sonos permanent CEO Tom Conrad

Sonos, Inc. [Nasdaq: SONO] announced today that its Board of Directors has decided to appoint Tom Conrad – current Interim CEO – as the new official Chief Executive Officer, effective immediately. Conrad, who was a member of the Board of Directors when it chose to dismiss previous CEO Patrick Spence, was named as the Interim CEO back in January.

Learn more about Sonos making Tom Conrad its CEO

[Read more…] about Sonos Board Decides to Upgrade Interim CEO Tom Conrad to Official CEO

Filed Under: Feature, Management, Manufacturers, News, People, Strategy Tagged With: Julius Genachowski, Patrick Spence, Sonos, Tom Conrad

New Housing Starts in June Rebound 4.6% From May, But Remain Below 2024

July 18, 2025 by Ted Leave a Comment

Housing starts rebounded slightly in June 2025

Permits Issued in June Send a Clear Warning Signal

It’s a bit of a mixed bag in new residential construction data published today, generally known as housing starts. In June, the seasonally adjusted annual rate (SAAR) of the start of new home construction jumped 4.6% over the revised May rate. However, this rate remains 0.5% lower than the rate of construction starts in June of 2024, one year ago.

See the latest data on housing starts in June

[Read more…] about New Housing Starts in June Rebound 4.6% From May, But Remain Below 2024

Filed Under: Economic Trends, Housing, News Tagged With: building permits, housing starts, residential construction

Premium Audio Company and Pioneer Corp Formally End Partnership

July 17, 2025 by Ted Leave a Comment

On Thursday, Premium Audio Company (PAC), a division of Voxx, which itself is now part of Gentex Corp., today formally acknowledged what has long been rumored: that it has lost its licensing deal with Pioneer Corporation for the rights to the Pioneer and Elite brands. The announcement portrays the decision as a “mutual” one that concludes “a successful multi-year collaboration.”

See more on PAC losing access to Pioneer & Elite brands

[Read more…] about Premium Audio Company and Pioneer Corp Formally End Partnership

Filed Under: Brands, Management, Manufacturers, News, Strategy Tagged With: Elite, HECO, Integra, Klipsch, Magnat, Onkyo, Pioneer, Pioneer Elite, Premium Audio Company

Latest Financial Results for Samsung and LG Show Impact of Trade Troubles

July 10, 2025 by Ted Leave a Comment

Samsung and LG released preliminary financial results

Two major South Korean tech behemoths, Samsung Electronics and LG Electronics, have released preliminary reports on their financial results for the second quarter of fiscal 2025, and these results paint a troubling portrait of a changing trade environment where declining profits and softening consumer demand foretell a challenging road ahead. Both companies reported modest revenue declines and more dramatic operating profit declines as each scrambles to adjust operations for a challenging business environment.

Read all about the strong headwinds buffeting Samsung and LG

[Read more…] about Latest Financial Results for Samsung and LG Show Impact of Trade Troubles

Filed Under: Feature, Financial, News, Trade Tagged With: LG Electronics, Samsung Electronics, tariffs

Tariffs: New Business Survey Shows Companies are Already Feeling the Pain

July 9, 2025 by Ted Leave a Comment

Tariffs are disrupting international trade as shown by this ship

A new survey of U.S. companies by KPMG reports that they are already feeling the pain of the Administration’s new tariff program, which is still under negotiation with countries around the world. Even at current levels, U.S. businesses have been impacted, reporting they are experiencing declining gross margins…will be forced to further raise prices…are already being impacted by consumer pushback…have suffered sales declines from retaliatory tariff increases in other countries, and more.

Overall, it’s a pretty sobering look at the impact of tariffs on companies now, and a scary foretelling of what they anticipate in a darkened future.

See more on this eye-opening KPMG study on the impact of tariffs

[Read more…] about Tariffs: New Business Survey Shows Companies are Already Feeling the Pain

Filed Under: Economic Trends, Feature, Management, Manufacturers, News, Statistics, supply chain, Trade Tagged With: China, tariffs

Harman Luxury Audio Group Names Progressive Custom Integration as Rep for 7 Territories

July 8, 2025 by Ted Leave a Comment

Harman Luxury Audio Group brands

On Tuesday, Harman Luxury Audio Group, a division of Harman International focused on high-end audio products, announced that it has appointed manufacturer representative firm Progressive Custom Integration as the company’s representative of record in seven different geographic territories across the U.S. The announcement, which was released retroactively, said that this appointment took effect on July 1, 2025.

See more on Harman’s appointment of Progressive Custom Integration

[Read more…] about Harman Luxury Audio Group Names Progressive Custom Integration as Rep for 7 Territories

Filed Under: Brands, Feature, Management, Manufacturers, News, People, Sales Reps Tagged With: Harman Luxury Audio Group, Progressive Custom Integration

May New Home Sales Drop 13.7%, the Largest Drop in Three Years

July 3, 2025 by Ted 1 Comment

Photo of newly constructed home

The latest government data on sales of newly built residential homes in May showed a significant drop of 13.7% as compared with revised sales in April. This data is a sign of continuing struggles for the housing industry, which is grappling with material cost increases and hesitant buyers concerned about still-high mortgage rates and the future of the economy.

Learn more about May’s new home sales dropping

[Read more…] about May New Home Sales Drop 13.7%, the Largest Drop in Three Years

Filed Under: Economic Trends, Housing, News, Residential Tagged With: residential housing

Latest Yelp Data Shows Q1 Interest in Home Theater Installation was Up 562%

July 3, 2025 by Ted Leave a Comment

Yelp reported new consumer trends in Q1 2025

Yelp, the social media site that was started to help you find the best local Chinese takeout, but now covers a very wide range of interests, such as home improvement, has released a comprehensive report of the latest trends in site user interest. In a report titled 2025 Summer Home & Outdoor Trends, Yelp noted a recent surge in user interest in a wide variety of home remodeling projects, including a huge leap in those making project requests for “home theater installation,” up 562% as compared to 2024.

See more on the surprising Yelp trend data for 2025…

[Read more…] about Latest Yelp Data Shows Q1 Interest in Home Theater Installation was Up 562%

Filed Under: Consumer Trends, Feature, News, Research, Residential, Statistics Tagged With: consumer survey, home theater, Yelp

Josh.ai Announces It’s Partnering with SoCal Rep Firm Unified Representatives

June 26, 2025 by Ted Leave a Comment

Josh.ai has partnered with Unified Representatives

Josh.ai (Josh) expands its market presence by partnering with Southern California-based manufacturer representative firm Unified Representatives. Josh calls Unified Representatives “a premier manufacturers’ rep firm” who will support what it says is its “rapidly growing dealer base” in Southern California.

See more on Josh.ai partnering with Unified Representatives

[Read more…] about Josh.ai Announces It’s Partnering with SoCal Rep Firm Unified Representatives

Filed Under: Management, Manufacturers, News, People, Sales Reps, Strategy Tagged With: Doug Cuneo, Josh.ai, Ryan Conway, Unified Representatives

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‘The New American Home 2025’ Gets Its Smarts & Its Power from Savant

At the International Builders' Show (IBS) in Las Vegas, NV, earlier this year, … [Read More...] about ‘The New American Home 2025’ Gets Its Smarts & Its Power from Savant

  • Sonos Board Decides to Upgrade Interim CEO Tom Conrad to Official CEO
  • New Housing Starts in June Rebound 4.6% From May, But Remain Below 2024
  • Premium Audio Company and Pioneer Corp Formally End Partnership

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Ted Green Bio

A former dealer, manufacturer, distributor & more. Focusing on business strategy, my goal is to help you make better decisions for greater success.

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