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News

One Look at This and You’ll Understand Why Wal-Mart Bought Jet.com

August 18, 2016 by Ted Leave a Comment

Jet.com logoWal-Mart may be the world’s largest retailer, but when it comes to their ecommerce efforts…well, they’ve been much less than that. As behemoth Amazon.com continues to show strong growth, dominating category after category, Wal-Mart has seen its results lag.

See why Wal-Mart needed to do something to spark online sales…

[Read more…] about One Look at This and You’ll Understand Why Wal-Mart Bought Jet.com

Filed Under: News, Research, Retailers, Strategy Tagged With: Jet, Jet.com, Wal-Mart

URC Founder Park Receives Lifetime Achievement Award

July 28, 2016 by Ted Leave a Comment

CEDIA CEO Says URC Founder Park is ‘Quick to Lend His Talent and Resources to the Channel’

URC logoCEDIA announced today that it has selected Chang K. Park as the recipient of its Lifetime Achievement Award for 2016. Park will be so honored at the CEDIA Opening Keynote on Wednesday, September 14, 2016.

See more on URCs Park and why he was selected… [Read more…] about URC Founder Park Receives Lifetime Achievement Award

Filed Under: Associations, Brands, News Tagged With: CEDIA, Chang K. Park, Universal Remote Control, URC, Vin Bruno

CEDIA Announces Finalists for ‘Best New Product’

July 28, 2016 by Ted 1 Comment

Did CEDIA Get It Right?

cedia logoCEDIA, the trade association for residential custom integration specialists, announced this week the finalists in the contest to find the Best New Products. The organization will announce the winner at its upcoming EXPO on September 15 at 3:00PM in the CEDIA booth #4710.

See the winners and tell us what you think… [Read more…] about CEDIA Announces Finalists for ‘Best New Product’

Filed Under: Associations, Brands, Industry Trends, Marketing, News, Products, Shows & Events, Tech Trends Tagged With: CEDIA, CEDIA Expo

LeEco, the Netflix/Apple/Tesla of China, Acquires Vizio

July 27, 2016 by Ted Leave a Comment

LeEco logoLe Holdings Co. Ltd. (LeEco), a Chinese company with unusual multi-business aspirations, announced this week that they had acquired Vizio, a U.S. manufacturer of affordable televisions, in a deal worth $2 billion. The deal will serve as LeEco’s entry into the U.S. market with its unusual mix of products.

See more on this deal which will bring a whole new line of technology to the U.S… [Read more…] about LeEco, the Netflix/Apple/Tesla of China, Acquires Vizio

Filed Under: Asian Connection, Brands, Financial, Industry Trends, Manufacturers, News, Pivot Point, Strategy Tagged With: acquisition, LeEco, Vizio

Remember When Crestron Said It Was Pulling Out of CEDIA Expo? Surprise!

July 21, 2016 by Ted Leave a Comment

BREAKING NEWS

Even Bigger Surprise: Who Crestron Has Partnered With

Crestron logoWe have learned from multiple sources, and now confirmed with the company, that leading control systems provider Crestron will in fact have a presence at the upcoming CEDIA Expo this September in Dallas, TX. This news will come as a surprise, perhaps even a shock, to many considering that just a few months ago, the company announced its departure from the residential custom integration industry’s biggest annual event.

But perhaps a bigger surprise is with whom they’ve chosen to partner… [Read more…] about Remember When Crestron Said It Was Pulling Out of CEDIA Expo? Surprise!

Filed Under: Associations, Brands, Industry Trends, Marketing, News, Pivot Point, Shows & Events, Strategy Tagged With: CEDIA, Crestron, Expo, Sonos

With BluOS, is Lenbrook the Apple of High-End Distributed AV?

July 20, 2016 by Ted 2 Comments

Company Expands BluOS into NAD Line, Expanding Its Options

BluOS logoBack in the Fall of 2013, we told you about the birth of a new brand called Bluesound – a new networkable, high-quality wired and wireless multiroom music system. Almost simultaneously, and in response to the obvious success of Sonos we suspect, new systems from Bose, D&M Holdings (HEOS), and Lenbrook were all introduced. But Lenbook officials maintained that their system had an advantage over most of the other systems – they had created their own operating system called BluOS.

And now BluOS is expanding in very interesting ways… [Read more…] about With BluOS, is Lenbrook the Apple of High-End Distributed AV?

Filed Under: Brands, Manufacturers, Marketing, News, Products, Strategy, Training Tagged With: Bluesound, BluOS, Greg Stidsen, Lenbrook, NAD

Pokemon Go Hits Major Milestone, Already

July 14, 2016 by Ted Leave a Comment

Now On More Smartphones Than Twitter

Pokemon Go logoThis morning we learned a stunning statistic – Pokémon Go, that new game that incorporates augmented reality and that is all the rage right now – has hit an impressive milestone. According to data from MFour Mobile Research, Pokémon Go is now on more Android smartphones than Twitter.

Why is this stunning? Read on to find out… [Read more…] about Pokemon Go Hits Major Milestone, Already

Filed Under: Brands, News, Statistics, Tech Trends Tagged With: augmented reality, Pokemon Go

New Large Freshman Class at ProSource

July 13, 2016 by Ted Leave a Comment

ProSource LogoProSource announced this week the addition of 21 new members, a fairly large freshman class, even for the organization that bills itself as the “largest audio, video and integration buying group in the country.” According to the organization, this freshman class is worth about $43 million in total retail sales.

See who joined ProSource… [Read more…] about New Large Freshman Class at ProSource

Filed Under: Associations, News, Retailers Tagged With: ProSource, Sherry Dantonio

Look Out Nortek, Here Come the Lawyers

July 13, 2016 by Ted Leave a Comment

Acquirer Melrose Offers a Peek at Its Plans

Nortek LogoThe ink is barely dry on their agreement to be acquired by Britain’s Melrose Industries PLC, and already Nortek Inc. finds themselves the subject of multiple investigations by several major law firms who have publicly notified shareholders this deal may not be a good one for them. It is not clear if these law firms intend to take action yet, but if so, it could be a complicating factor in the transaction.

See who is stepping up to investigate Nortek… [Read more…] about Look Out Nortek, Here Come the Lawyers

Filed Under: Financial, Manufacturers, News, Pivot Point, Strategy Tagged With: acquisition, Core Brands, Melrose, Melrose Industries PLC, Nortek, Nortek Inc.

AVAD Sold to Private Equity Company

July 5, 2016 by Ted Leave a Comment

BREAKING NEWS

Industry Veteran Tom Jacoby is AVAD’s New CEO

New AVAD logoNews comes this 4th of July holiday week that Ingram Micro, itself just recently acquired by a Chinese shipping company, has sold off AVAD, LLC and AVAD Canada Ltd., to Kingswood Capital Management, a private equity company. In an announcement from Kingswood, the company says it has brought in a new upper management team – including a new CEO, industry veteran Tom Jacoby.

See more on the sale of AVAD to private equity… [Read more…] about AVAD Sold to Private Equity Company

Filed Under: Brands, Financial, Manufacturers, News, Pivot Point, Strategy Tagged With: Alex Wolf, Alliance of Value Added Distributors, AVAD, Fred Farrar, Harman, Ingram Micro, Kingswood Capital Management, Klipsch, Tom Jacoby

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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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