AT&T Discounts Phones, Tablets With Home Automation Purchase

Dallas – AT&T has begun discounting the price of smartphones and tablets to consumers who sign up for the company’s home security and automation service at one of the almost 600 AT&T Wireless stores that sell the service.

Sears Finding New Uses For Closed Stores

Hoffman Estates, Ill. – Sears Holdings has formed a new business unit to convert shuttered Kmart and Sears stores into data centers, disaster recovery space and cell tower bases.

Microsoft Adds Windows 8 Mice

Redmond, Wash. — Microsoft unveiled a pair of new mice designed to work with its Windows 8 operating system.

Optoma Adds Portable Projector Pair

Fremont, Calif. — Optoma introduced two portable DLP projectors on Friday that incorporate 3D capability and advanced image processing capabilities.

Turtle Beach To Team With Microsoft For Xbox One Headsets

Valhalla, N.Y. — Turtle Beach announced it is teaming with Microsoft to create headsets designed specifically for the Xbox One.

Previous Pause Next

Hisense Unveils Sero 7 Tablet Pair Through Walmart

HP Rolls Out Rove Portable AIO PC

Jawbone Names Mount President

Davis, Scadden Join AudioSource

Buzz Aldrin Landing At Willoughby’s

Hillcrest, TCL Extend ‘Freespace’ Agreement

Phorus Offers Dads & Grads Bundles

Pioneer Bows AppRadio 3

OtterBox Acquires LifeProof

J&R Restructures Brick-and-Mortar Business

More TWICE News

BLOGS Talkback

Reporter's Notebook

By: Lisa Johnston | May.20.2013

Crowd-Funding Spotlight: Bluetooth Edition

Judging by the number of pitch emails I’ More »

Viewpoint

By: Steve Smith | May.24.2013

What Happens If Sears Goes Away?

As you have read, More »

Executive Insight

By: Bill Mathies | Mar.25.2013

‘Complete Experience’ Merchandising: It’s Much More Than Low Price

If you’ve read some of my previous posts More »

VIDEOS

1 / 1

Now Playing: Bill Gates 2.0

Bill Gates interviewed on CBS' 60 Minutes discusses his plans to eradicate diseases and his friendship with the late Steve Jobs.

Now Playing: CES on the Hill

CES On The Hill’ with TWICE Editor in Chief Steve Smith and guest CEA President Gary Shapiro. With a special look at products from LG Electronics, Voxx, Dish, Livio and many others.

Now Playing: Apple Computer founded 37 years ago

On April 1, 1976, Steve Jobs, Steve Wozniak and Ronald Wayne founded Apple Computer and last August, Apple became the most profitable company of all time on Wall Street.

Financial

Sears: $279M Loss In Q1, May Exit Warranty Biz

Hoffman Estates, Ill. — Sears Holdings returned to the red last quarter with a $279 million loss vs. year-ago profits of $189 million, and is looking to sell off its in-house extended-warranty business to boost liquidity.

Lowe’s Reports Higher Q1 Net Earnings, Flat Sales

Mooresville, N.C. — Lowe’s reported higher net earnings on relatively flat sales in its fiscal first quarter, ended May 3.

Target Reports Lower Earnings, Flat Sales

Minneapolis — Target reported relatively flat sales and a 28 percent drop in net earnings during its first fiscal quarter, ended May 4.

Staples Reports Lower Q1 Earnings, Sales

Framingham, Mass. — Staples reported lower sales and earnings for its fiscal first quarter.

Home Depot’s Sales, Earnings Up In Quarter

Atlanta — The Home Depot reported higher sales, comp sales and net earnings in its fiscal first quarter, ended May 5.

Best Buy Reports Q1 Loss

Minneapolis — Best Buy reported an $81 million loss for the first fiscal quarter, ended May 4, compared with year-ago profits of $158 million, as promotions and more competitive pricing took their toll.

hhgregg’s Q4 Earnings Fall 81%

Indianapolis — Weaker sales and margins, and higher taxes and costs, led to sharply lower fourth-quarter and full-year profits for hhgregg.

Wal-Mart Reports Slight Sales, Profit Increases

Bentonville, Ark. — Wal-Mart Stores reported slightly higher net sales and income for the first quarter, ended April 30.

People

Jawbone Names Mount President

San Francisco — Jawbone, the headphone and wireless speaker company, has appointed Mindy Mount as president, a new position.

Davis, Scadden Join AudioSource

Portland, Ore. — AudioSource has named industry veteran Lawrence R. Davis III sales and marketing VP, while finance and business development specialist John A. Scadden has been named chief financial officer.

Wilson Names New CEO

St. George, Utah — Wilson Electronics, a maker of cellphone signal boosters, has named Robert Van Buskirk as president/CEO and to its board.

HSNi’s CFO Schmeling Adds COO Title

St. Petersburg, Fla.- HSNi, the interactive multichannel retailer has named Judy Schmeling chief operating officer, effective immediately, and continues as chief financial officer.

Gary Bennett, Former Hitachi Exec, Dies At 64

Chino Hills, Calif. — Gary Richard Bennett, a 40-year veteran of the consumer electronics industry, passed away on Thursday, May 9, after a 13-month battle with non-Hodgkin’s lymphoma.

Audio America Taps SED’s Elster For CEO

Jupiter, Fla. — Home and car electronics distributor Audio America has named Jonathan Elster CEO, replacing Ryan Munder who will remain as chairman.

Sears Names New CIO

Hoffman Estates, Ill. — Sears Holdings has appointed Jeff Balagna executive VP and chief information officer.

Maney Joins Séura As Market Manager

Green Bay, Wisc. — Marla Maney has been hired to the newly created position of marketing manager for outdoor and custom flat-panel TV resource Séura.