Arlington,Va, - The Consumer Electronics Association (CEA) reports it is forming the Driver Device Interface Working Group to develop industry standards and/or best practices for designing consumer electronics products to help maximize driver safety while using consumer technologies in the car.
Chester Springs, Pa. — Azione Unlimited (AU), the buying and educational group for custom retailers and integrators, has grown its membership to 70 with the additions of Reef Radio Electronics (RRE) and Bethesda Systems.
Soundfreaq’s $129 Sound Step Lightning features an eight-pin Lightning connector
Los Angeles — Soundfreaq is launching its first two docking speakers with eight-pin Lightning connector to charge and play back music from Apple’s latest generation of mobile iOS devices.
Lake Success, N.Y. — Coby Electronics last Friday reduced its staff by another 17 people, including president Mike Troetti and all sales, marketing and product-management staff except for four salespeople, sources close to Coby told TWICE.
Fort Worth, Texas — RadioShack has rolled out digital fitness displays in about 75 percent of its locations.

BLOGS                          Talkback

John Laposky's picture

Reporter's Notebook

By: John Laposky | Jun.04.2013

Backpacks For Weary Backs

As CE devices continue to shrink while adding More »

Steve Smith's picture

Viewpoint

By: Steve Smith | Jun.06.2013

Jasco, RadioShack Help Oklahoma Tornado Victims

The devastating tornados that have hit More »

Executive Insight

By: Shawn DuBravac | Jun.14.2013

The Trojan Horse of 3DTV

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VIDEOS

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Financial           

Wayne, N.J. – The soft global economy and weakness in CE and video gaming contributed to a $111 million first-quarter loss for Toys“R”Us.
Hoffman Estates, Ill. — Sears Hometown and Outlet Stores posted disappointing first-quarter results following a promising first-year showing.
The Woodlands, Texas – Conn’s said mattress and furniture sales and store remodels and openings drove double-digit revenue and profit gains during its fiscal first quarter.
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.
Mooresville, N.C. — Lowe’s reported higher net earnings on relatively flat sales in its fiscal first quarter, ended May 3.
Minneapolis — Target reported relatively flat sales and a 28 percent drop in net earnings during its first fiscal quarter, ended May 4.
Framingham, Mass. — Staples reported lower sales and earnings for its fiscal first quarter.
Atlanta — The Home Depot reported higher sales, comp sales and net earnings in its fiscal first quarter, ended May 5.

People

Greenville, Mich. – Gordon Stauffer, the onetime president and co-owner of Fedders Refrigeration, died suddenly on June 14. He was 74.
Boston — Longtime Sharp Electronics senior exec Bob Scaglione has joined online advertising services firm OwnerIQ as senior VP of strategic channel development.
Taoyuan, Taiwan — HTC COO Matthew Costello left the company after three years on the job and after five consecutive quarters of revenues that declined at double-digit percentage rates, the company confirmed.
Fort Worth, Texas — RadioShack has promoted franchise VP Marty Amschler to senior VP to reflect his expanded role in mining new business opportunities for the chain.
Boston – AudioXerts has named Kent Maxson training and sales development director.
San Francisco — Jawbone, the headphone and wireless speaker company, has appointed Mindy Mount as president, a new position.
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.
St. George, Utah — Wilson Electronics, a maker of cellphone signal boosters, has named Robert Van Buskirk as president/CEO and to its board.

 

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