In a report provocatively titled “Best Buy Isn’t Dead, but It Is Dying,” top investor service The Motley Fool (TMF) suggested that number one consumer electronics chain Best Buy’s “…best days are in the past.” Written by Rick Munarriz, the report dissects Best Buy’s last financial quarter report, as well as its future forecast.
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8K is On the Way, Following Successful Tests in Japan
We first told you about 8K, called UHDTV then, way back in this report in 2012. Now known as Super Hi-Vision or UHD-2, 8K is looking more like a reality than ever before. Two of Japan’s three largest mobile carriers say they are on track to deliver 8K signal delivery by the 2020 Olympics, scheduled to take place in Tokyo. Both KDDI and NTT Docomo have successfully tested 8K signal delivery systems as part of their preparations for 8K video broadcasting in association with the Olympics.
While the U.S. focuses on 4K, Japan pushes the innovation envelope… [Read more…] about 8K is On the Way, Following Successful Tests in Japan
Legrand Will Pay You Cash to Sell Nuvo Speakers
Legrand announced this week that it is launching a cash rebate program for installers on 17 recently launched Nuvo speaker products. This sales incentive program is being offered both to dealers who buy Nuvo direct, and those who purchase Nuvo products through distributors.
See more on this “cash reward’ program on select Nuvo products… [Read more…] about Legrand Will Pay You Cash to Sell Nuvo Speakers
New Research: Netflix is the #1 Choice for TV Viewing
Baby Boomers Finally Hop on the Streaming Bandwagon
In a new survey released today by E-Poll Market Research, Netflix is the first choice for watching a TV show among those respondents who have been exposed to streaming programming. And for the first time, this result is true for all age demographics – with Baby Boomers the last to join the party.
See more on this interesting trend in consumer preferences… [Read more…] about New Research: Netflix is the #1 Choice for TV Viewing
Nortek Fiscal 2016 Q1 Results Improve, Except for AV
AVC Generates an Operating Loss on a 17.8% Decline in Sales
Nortek, Inc. (Nortek) released their results for the 2016 fiscal first quarter and generally showed broad improvement,with sales gains and profit improvements in most of their segments. But not in the Custom and Commercial Air segment which had a sales decline; and especially not in their AVC segment, which saw continued sales declines and generated a loss from operations.
See more on our Nortek 2016 Q1 report… [Read more…] about Nortek Fiscal 2016 Q1 Results Improve, Except for AV
URC Announces Death of Marguerita Kiser
Universal Remote Control, Inc. (URC) announced on Tuesday that its West Coast Sales Manager Marguerita Kiser has passed away after a brief illness. The company noted in a brief but solemn statement that it is in mourning.
See more on this sad news from URC… [Read more…] about URC Announces Death of Marguerita Kiser
At High End Show, Bluesound & NAD Offer High-End Announcements
From the High End show now taking place in Munich, Germany, Bluesound and NAD, two specialty audio lines leading the charge into high-res and high quality audio, made several interesting announcements about their efforts. Both brands are marketed here in the U.S. by Lenbrook America.
See what Bluesound and NAD announced at the High End show… [Read more…] about At High End Show, Bluesound & NAD Offer High-End Announcements
Deepening Investment, LG Display to Mass Manufacture OLED Light Panels
LG Display announced this week that it will invest in a production line to build OLED panels for use in lighting solutions. The move is seen as the company deepening its commitment to OLED technology and seeking new business segments to expand the popularity of the technology.
See more on this interesting new use case for OLED… [Read more…] about Deepening Investment, LG Display to Mass Manufacture OLED Light Panels
ProSource Sets Spring Meeting Details
ProSource, a national retail buying organization, announced this week the final details of their 2016 Spring Meeting taking place May 9-13 in Dana Point, CA. Taking place at the Marriott Laguna Cliffs Resort and Spa, the group says it plans to break the event into two segments.
See more on this fast approaching event… [Read more…] about ProSource Sets Spring Meeting Details
World Wide Stereo Re-Imagines Specialty Store Design
What a weird Spring we’re having in the Northeast. It can be 80+ degrees one day, only to be followed by two or three days of cold and rain. Such was the case last Thursday as we traveled to a pre-Grand Reopening event at Bob & Ron’s World Wide Stereo in Montgomeryville, PA. It was raining and in the low 50-degrees as we arrived for the early evening event, motivating us to turn up our collar as we exited our vehicle for a little extra protection from the cold and the rain.
