Newark, N.J.

Panasonic executives hosted technology reporters Wednesday during a tour of the Innovation Center in its new headquarters in Newark, N.J. 

Panasonic Corp. of North America this week will officially relocate to its new headquarters in Newark, N.J. The move will take place August 1.

Panasonic executives and Newark, N.J., Mayor Cory Booker Wednesday formally announced that the company will move its corporate headquarters to Newark beginning in 2013. The company will build what it calls "a new, state-of-the-art, sustainable high-rise office building" near the city's Riverfront Center.

Panasonic will move its U.S. headquarters to Newark, N.J., following a deal with that city, the Wall Street Journal reported. The company's domestic headquarters is currently located in Secaucus.

By Tatyana Sinioukov This year, as every year, with holidays, comes shopping. As e-tailers anticipate more substantial sales than last year, they recognize the need to stock up and improve fullfillment, delivery and customer service. Stocking Up This season, waiting for the customers to fill up the virtual stores isn't like waiting for Godot. They will come, and, if we believe the studies, in numbers substantially higher than the previous year (see chart below). "We are expecting to have a very good holiday in terms of sales," said David Kaplan, vice president of purchasing, OneCall.com, an a/v specialty retailer. "We are working hard to