Apple's retail store design has been granted a trademark from the U.S. government, giving the company some protection from copycat retailers.
The Cupertino, Calif., company's "clear glass storefront" design, complete with "large, rectangular horizontal panels over the top of the glass front," received trademark status last week from the U.S Patent and Trademark office.
The trademark covers the store's interior furniture and fixtures as well, including the floors, lighting and shelves. It also covers the store's "Genius Bar," where customers go for technical support....
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Do The Deals Ever End?
January 23, 2013
The power of the Internet’s always-on connectivity has reduced product prices, shuttered brick-and-mortar retailers and decimated MSRPs. Barcode reader apps, like Red Laser, offer instant access to the lowest price and special deals from a multitude of competitors. Consumers have opted into thousands of brand-exclusive networks and social groups for instant discounts.
If that’s not enough to strike a sense of hopelessness into the hearts of CE retailers, all types of specialdeals are pushed around the clock to mobile devices and then spread with viral intensity to social networks and other empires populated with millions of “friends.” On top of that, Showrooming pushes the lowest price to consumers at the last three feet of the sale, forcing retailers to try and match whatever deal the cloud offers at that particular moment. Shackled with hefty SG&As, retailers must find new ways to compete, increase margin, elevate customer satisfaction and draw traffic.
Best Buy Holiday Revenue Flat
January 11, 2013
Best Buy said this week that it posted holiday revenue of $12.8 billion, down only slightly from last year's figure of $12.9 billion. The period in question covers the last nine weeks, ending Jan. 5.