Today in CE: Target adds simple augmented reality features to mobile shopping experience, Airbnb makes coding simple, and more.
Best Buy isn't pulling out of Canada completely, like its fellow Minneapolis-based competitor Target recently did. But Best Buy has announced that it will close 66 of its "Future Shop" locations in Canada, and will convert the remaining locations to Best Buy stores.
The Microsoft Band wearable product, previously only available through Microsoft's retail stores and online, has expanded its retail availability.
“Digital capitalism really works best and most efficiently for consumers rather than for brands and retailers.”
Target is planning a restructuring that it will include cutting of "several thousand" jobs, according to multiple media reports Tuesday.
The merchants listed in Dealerscope’s registry of the Top 101 CE retailers in the United States and Canada sold $227.7 billion in consumer electronics in 2014, a modest 3.35 percent increase over the $220.32 billion earned the previous year. Relatively static sales, however, are not indicative of a static marketplace.
After less than 18 months, Target is killing off its “Target Ticket” digital video service. The move comes after the service failed to gain much traction.