With the announcement of Amazon’s new Cloud Player iPhone app, the Universal Music Catalog is one step closer. For years I have dreamed of this Star Trek-like device, where I can find any song I want and listen to it, from anywhere. Preferably this will be an app on a device I already own (smartphone), …
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The number 2 grocery chain in South Korea, Home Plus, is looking to improve sales through innovation. They have created a virtual store offering “500 items including food, electronics, office supplies and toiletries.” The store is at an underground subway station in Seolleung, located in the south of Seoul, South Korea, a city of 10 …
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Selling consumer electronics isn’t as easy as it used to be for Best Buy. The big-box retailer is closing 50 stores and compensating employees based on customer service after its fiscal fourth-quarter sales fell short of expectations. The company today reported a fiscal fourth-quarter net loss of $1.7 billion, on revenue of $16.63 billion, up …
Continue reading “Best Buy to close 50 stores in the U.S. and 11 in the U.K.”