An employee at Best Buy's headquarters in Richfield, Minn., has been arrested for stealing nearly $10,000 in rewards points from the company.
U.S. Listing for the consumer Electronics and Major Appliance trade In this section, Dealerscope profiles the top 10 retail demographic market areas, reporting on 1999 retail entrances and exits, regional economic highlights and outlooks for 2000. 1. New York City Entrances & Exits: When Circuit City opened its first store in New York City in 1998, it proved to other national chains that the big rent of the big city is quickly compensated by the big spenders in the big city. Consequently, the Big Apple in the last year saw even more megastore openings. Office Depot opened its first Manhattan storea 21,000-sq.-ft .store
Philadelphia Entrances & Exits: The Philadelphia market saw an influx of retailers into the area, which resulted in some fierce competition for consumers' business. Target added three New Jersey stores (Burlington, Turnersville and Vorhees) and two Pennsylvania stores (Springfield and Langhorne). Circuit City opened one location in Philadelphia, making its presence in the area stronger, as did Best Buy with the addition of its Northeast Philadelphia store. Office Depot and Costco opened sites in West Chester, Pa., and King of Prussia, Pa., respectively. Voorhees, N.J.'s Echelon Mall is now home to Sears. Exton, Pa., will get its own Sears store in October of this
By Jamie Latshaw ATLANTIC CITY, N.J.--Everything else about Fuse '98 happened with a bang. The music was there, the cars were there, there was a definite style. But, the customers? That's what manufacturers wanted and expected to see more of. "The crowds just aren't coming," Ray Windsor, Eclipse's vice president of sales and marketing, said during the show. Exhibitors met the last day of the show and voted to co-locate Fuse with a better event at a better location next year. Key to the vote is the distance proximity between Fuse and the second event. Lisa Fasold of the Consumer Electronics Manufacturers Association said she hopes there will