J&R Music and Computer World, which took up a block on Lower Manhattan's Park Row for the past 43 years, will shut its doors Thursday, in order to make room for development of what the owners hope will become an "unprecedented retailing concept and social mecca," according to a letter posted Wednesday on store doors and the store's website by owners Rachelle and Joe Friedman.
Monster Cable aimed its second volley in five months at the fashionista market segment, with the unveiling February 18 of the Vivienne Tam ‘Butterfly’ in-ear headphones at the Lower Manhattan boutique of the renowned clothing designer.
Major brands continue to align with industry leaders at Digital Downtown, June 12-14, 2008 at the World Financial Center in New York City, with this week’s exhibitor additions of LG, Hitachi and HAI. The event is the largest display of the “Best New Products from the 2008 International CES,” brought to a consumer audience and it will feature the annual Consumer Electronics Association (CEA) Mid-Year Briefing, for the CE media and financial analyst communities. DIGITAL DOWNTOWN (D2) is located in the grand public atrium – The Winter Garden of the architecturally acclaimed World Financial Center, the corporate home of American Express, Merrill Lynch, Dow
Best Buy Founder Richard M. Schulze will turn over his CEO responsibilities to Vice Chairman Bradbury H. Anderson, effective June 30. Schulze remains chairman of the board. Prior to the promotion, Anderson was president and COO, responsibilities that on March 3 will be assumed by Allen U. Lenzmeier, formerly president of Best Buy Stores. Michael P. Keskey, formerly executive vice president of Best Buy Stores, will become resident of Best Buy Stores, also on March 3. The Wiz appointed Laurie Clark senior VP, general manager—merchandising and marketing, and Bill Shull, senior VP, sales and operations. Both Clark and Shull are formerly of TransWorld Entertainment. MEGA Group