Hey Retailers – Forget the Millennials, Follow the Money

New data from market researcher Forrester Research Inc. suggests that retailers should forget about trying to attract millennials or other younger shoppers and instead shift gears to reach out to baby boomers. Why? Quite simply, that’s where the money is. … Continue reading

NY Integrator Makes Unusual Expansion into Retail

  JD Pro, an integrator based in Staten Island, New York, has made what many would consider an unusual step – taking their successful, primarily commercial integration business and expanding it into the consumer retail market space. This step, which … Continue reading

Top Advertiser Trends in Q1 2013

As marketers, we are always watching who’s doing what in advertising. Below is a list of the top advertisers in the first quarter of 2013. There are many familiar names here…familiar largely because, as aggressive marketers, they are regularly investing … Continue reading

Founder Schulze Considering Abandoning Deal for Best Buy

Multiple news outlets, including the Wall Street Journal and Reuters News Service, are reporting that Best Buy founder Richard M. “Dick” Schulze is considering abandoning his bid to take the company private. Schulze had informed the Board of Directors in … Continue reading

Two More Directors Leave Best Buy

Best Buy Company, Inc. announced this past Monday that two of its directors had resigned, including one that had served in the role of chief executive in the past. These departures come seven months after the departure of company founder … Continue reading

Best Buy Warns Profits Will Be ‘Significantly Below’ Last Year, Cuts Senior Managers

BREAKING NEWS… After the close of the market today, Best Buy warned Wall Street that its third quarter earnings and same-store sales will be significantly below the same quarter last year. The company also announced that head of U.S. business … Continue reading

Is Best Buy Now Worst Buy?

It’s been a rough week for Best Buy. And if something doesn’t happen soon…it’s only going to get worse as the company is on a slippery slope and quickly losing the support of Wall Street. Already the company was embroiled … Continue reading