New Age’s Towns Outlines 2016 Product Trends, Directions

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New Age Electronics rang in the new year at CES 2016 with a gala customer appreciation event, a series of new-vendor-partnership announcements, and a renewed commitment to filling its product pipeline with emerging technologies as well as with more traditional categories that are profit avenues for the retailers it serves.

At the event, New Age announced its selection of HSN as its 2015 Interactive Multichannel Retailer of the Year, for year-over-year revenue growth and for its innovative selling and product-presentation methods, and its choice of Kohl’s as Brick and Mortar Retailer of the Year. Read the full article on Dealerscope.com

4K OK In Q4 … If You Could Find It

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TWICE: Dave, you predicted last year that 4K TV would be the “King of the Holiday Season.” Did it live up to expectations?

David Workman, ProSource: It did not, I think, in total.

There was technology available with OLED that, had there been better supply, it would have probably carried an increase. Then again, if they had enough to supply everybody, would the demand have been as high for those who had it?

It was very much a situation of have-and-have-not, where you had those who could concentrate on a larger panel and higher-end technology. The unit velocity wasn’t there, but if you had the ability to take a consumer up into a larger panel, you might have done OK. It was kind of hit or miss. Clearly the overall unit velocity was not there, or at least not as much as everybody would have liked to have seen.

Stephen Baker, The NPD Group: Not to disagree with Dave, but we saw it a little bit differently. We tracked 4K TVs at 1.3 million units in the five holiday weeks. That was about 15 percent of all TVs. But if you looked at only 50-inch and above, 40 percent of the units and 60 percent of the dollars were in 4K. Read the full article on TWICE.com

Alexa, Connect Everything

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The highlight of TWICE’s annual trip to Las Vegas for CES often comes in the first hour of the show. Because just as day 1 is kicking off, in a small boardroom in the depths of the Westgate Hotel an ever-changing lineup of top retailers, distributors and buying group execs gather for our annual TWICE Retail Roundtable… Read the full article on TWICE.com

Scenes from the Sands Expo Show Floor at CES 2016

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On the first official day of CES 2016, there was a lot of action happening all over Sin City. Reed Hastings’ opening keynote included a major announcement about his company—Netflix—going live in more than 130 new countries while the attendees were gathered in the Venetian; education sessions got under way at Tech South; GM CEO Mary Barra spoke to attendees during the afternoon keynote; and the Plain White T’s entertained guests at New Age Electronics’ evening event.

See the whole article on Dealerscope.com