At 1.7 percent, according to the Labor Department, the rise was the highest since March. This of course is in tandem with the fastest rise in prices in 30 years, but it was still good news for most retail entities, including Walmart and Home Depot.
If you’re wondering which electronics and toys are going to sell most this holiday season – you know, in case you want to stock up -- look no further than the top creators and influencers on YouTube and TikTok, where a 2020 study found that children ages 4-15 spend an average of 85 and 45 minutes a day respectively.
In a ceremony held at the Metropolitan Pavilion in New York City last night, six honorees were inducted into CT Hall of Fame’s Class of 2021 last night. It was the first time that the annual ceremony and gala dinner was held since 2019, so the Class of 2020 was also officially honored at the event.
Headphone maker Skullcandy Inc. recently unveiled a series of new green initiatives as part of a promise to help keep one million pounds of e-waste from ending up in landfills globally by 2025. Among its tactics to achieve this goal is a pledge to utilize only 100% recyclable packaging materials and FSC-certified paper products by the end of this year.
Dealerscope's audience of over 45,000 industry experts span a variety of fields including retailers, manufacturers, buying groups, distributors, and more. Think you have what it takes to earn their vote? Submit your product now to be in the running.
Dealerscope's Powerful Women in Consumer Technology program recognizes women in the CT space who stand out for their achievements and exceptional leadership. Today is the last day for nominations to be received--just make sure to submit no later than August 24th at 11:59pm PST.
LG is shutting down its mobile phone business unit for good. After a unanimous vote, the board of directors approved the final decision today after several months of reviewing the direction of LG's smartphone business.
Best Buy announced that it has laid off 5,000 workers this month with plans to close more stores as the year progresses. CEO Corrie Barry said the cuts were due to "having too many full-time and not enough part-time employees."
On Tuesday, Jeff Bezos announced that he would be stepping down as CEO of Amazon in the third quarter of this year. The empty role will be filled by Andy Jassy, the current chief executive of Amazon Web Services as Bezos transitions to executive chair of the company.
To say her first year as CEO was an eventful one would be the understatement of the century. Best Buy CEO, Corie Barry, describes how she navigated the sea of changes brought on by the COVID-19 pandemic while also instituting diversity and inclusion during a discussion with Alan Murray at CES 2021
Adding to its Wi-Fi 6 Certified lineup, Access Networks now offers the A550 and A650 access points, providing integrators and end-users with more options to suit a wide variety of home networking applications.
Three in four technology companies (75%) face difficulty finding candidates with the right skills and abilities today, according to the annual Consumer Technology Association (CTA)® Future of Work Study.
According to the latest Mobile Connectivity Report from NPD’s Connected Intelligence, 9 out of 10 consumers are aware of 5G networks, but only 18% of consumers report understanding of the different 5G network types currently available in the U.S.