Oct
31
2011

GameStop Steps into Tablet PC Sales

By Ian Sherr

Videogame retailer GameStop Corp. plans to begin selling tablet-style computers as part of an effort to expand its gaming device offerings.

The company plans to begin selling tablets based on Google Inc.’s Android mobile operating system during the holiday season at 200 of its U.S. stores on Friday. GameStop’s pilot program will include specialized tablets made by Asustek Computer Inc., Acer Inc. and Samsung Electronics Inc.

The devices, which will sell for their typical sticker prices in competing stores, will come with a set of seven free games, including Electronic Arts Inc.’s “Dead Space” sci-fi shooter and “Madden NFL” football game, as well as links to the GameStop’s mobile application store, called “Kongregate Arcade,” and the Android app marketplace.

“Customers have been telling us that they like to game on multiple devices,” said J. Paul Raines, GameStop’s chief executive. “We believe there is a gaming opportunity on tablets.”

Analysts are more skeptical, citing poor sales of Android-based tablets and a dearth of games that have enticed the dedicated gaming audience that GameStop tends to attract. Cost is another factor, said Michael Pachter, an analyst at Wedbush Securities, who added that any asking prices around $400 or $500 will be challenging.

“I don’t think anyone is going to buy one,” he said.

 

 

To read the rest of the story, either contact me directly or read more online at the WSJ: here. (subscription required)

 

(Originally published Oct. 31, 2011, in the Wall Street Journal.)



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Aug
12
2011

Tablet War Is an Apple Rout

By Ian Sherr

People don’t have tablet fever; it seems they simply have a mania for iPads.

The latest evidence: Hewlett-Packard Co. is dropping the price of its TouchPad tablet by 20% little more than a month after it hit stores, as the computer giant tries to goose sales of its answer to Apple Inc.’s iPad.

H-P, Motorola Mobility Holdings Inc. and Research In Motion Ltd. have all jumped into the tablet market this year, trying to close the gap with Apple.

The electronics giant created a multi-billion-dollar business last year when it launched the iPad—and has since seen its profits and market value swell as others have tried to keep pace.

Rivals have been routed so far. Motorola cut the price of its Xoom tablet after its February launch, released a cheaper model and warned shipments will decline this quarter. RIM’s PlayBook was delayed until April and still isn’t being offered for sale by the two biggest U.S. wireless carriers.

Samsung Electronics Co., which was the quickest to market an iPad rival and has shipped millions of tablets based on Google Inc.’s Android software, is now embroiled in a patent dispute with Apple that threatens sales of its Galaxy Tab in most of Europe.

Apple, meanwhile, says it is having difficulty keeping up with demand and selling every iPad it can manufacture. Five months after its release, its iPad 2 can be hard to find in retail stores. The company said it shipped 9.3 million iPads in the June-ended quarter.

 

 

To read the rest of the story, either contact me directly or read more online at the WSJ: here. (subscription required)

(Originally published Aug. 12, 2011 in the Wall Street Journal.)



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Nov
29
2010

For Cyber Shoppers, Gadgets Look Hot

By Ian Sherr

The holiday shopping season, which starts online Cyber Monday, promises to be very good for Apple Inc.

The Cupertino, Calif.-based consumer electronics giant will likely take advantage of the gift-giving season to flex its muscles, grabbing market share for its popular iPod, iPhone and iPad products.

In particular, analysts say Apple will lock down its dominance of the touchscreen computer market, moving more of its iPad tablet devices through retail partners, including Wal-Mart Stores Inc., Target Corp. and Verizon Wireless. A recent survey by ChangeWave Research found that 9% of holiday shoppers plan to buy an iPad in the next 90 days. Apple has sold more than seven million iPads since the device went on sale in April.

Of course, Apple won’t be the only beneficiary of the season’s spirit. Smartphones are expected to do well as more utilities and productivity apps become available for phones running Google Inc.’s Android operating system, as well as Research In Motion Ltd.’s BlackBerry and Hewlett-Packard Co.’s Palm products. That software, known as apps, gives people a reason—other than making calls—to use their phones.

To read the rest of the story, either contact me directly or read more online at the WSJ: here. (subscription required)

(Originally published Nov. 29, 2010, in the Wall Street Journal.)



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Oct
28
2009

It may be BYOB as fewer firms plan holiday parties

By Ian Sherr

SAN FRANCISCO (Reuters) – The U.S. economy may have begun to recover in 2009, but holiday office parties are sinking even further into the dumps.

Fewer companies plan to break out the bubbly this season than in 2008, at the height of the global financial crisis, according to a survey from Challenger, Gray & Christmas Inc.

Only 62 percent of about 100 companies that responded to the survey were planning holiday parties this year, down from 77 percent a year ago and 90 percent in 2007, as recession-era cuts extended from benefits and profit-sharing to Santa hats and disc jockeys.

“For companies that have recently announced layoffs or other significant cost-cutting measures, such as wage freezes, it would be difficult to justify, let alone get in the mood for a holiday party,” said John Challenger, the firm’s chief executive officer.

(more…)



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Jul
17
2009

U.S. retailers hope for Christmas in July

By Ian Sherr

CHICAGO (Reuters) – With only 160 shopping days left, it’s beginning to look a lot like Christmas in some stores.

After U.S. retailers posted 10 straight months of sales declines, some chains are trying to bring holiday spirit — and revenue — to the summer with “Christmas in July” promotions.

(more…)



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  1. Sears hopes Santa in July will be good for business
  2. Some retailers hope for Christmas magic

Jul
17
2009

Some retailers hope for Christmas magic

By Ian Sherr

Santa’s not getting any rest this year.

After U.S. retailers posted the longest running decline in same-store sales in nearly a decade, Sears, Kmart and Toys R Us announced Christmas-themed sales for the month of July. While actual sale dates and locations vary among the three chains, the event has drawn a lot of attention from news media, which had the once-in-a-year joy of headlining a story with “Christmas in July.”

(more…)



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Jul
09
2009

Sears hopes Santa in July will be good for business

By Ian Sherr

CHICAGO, July 9 (Reuters) – U.S. retailer Sears is hoping not only to fulfill every child’s dream of Christmas in July, but also its coffers.

With only 168 days left before the holiday, Sears Holdings Corp’s Sears department stores have put out winter merchandise, trying to get customers to do their holiday shopping early.

(more…)



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Jun
02
2009

Dad’s gonna feel the recession this year

By Ian Sherr

A new survey by the National Retail Federation found that consumers are planning to spend significantly less on Father’s Day than they did last year.

(more…)



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Nov
27
2008

A tradition of home-cooking from mom, who didn’t cook

By Ian Sherr

My father can cook. Or so he says.

I grew up hearing stories of how my father wooed my mother by cooking her fabulous dinners and serving them to her over his grand piano in his tiny New York apartment.

The story, as my father tells it, was that his apartment was too small to hold a table and his piano and, being a world-class concert pianist, he chose the piano. So he bought a cover for the piano and fed his dates. I imagine he probably serenaded them, too, but the details have been lost both to time and trailing mumbled memories.

Still, what I’ve been brought up to believe is that my father can cook. And my mother – she grew up in Atlanta in the ’40s. Of course she can cook.

So what shocked my girlfriend, Laura, was that Thanksgiving this year was going to be catered by Marie Callender’s.

I said my parents could cook. I didn’t say they did.

(more…)



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