Struggling electronics and wireless retailer RadioShack said it will shutter as many as 1,110 stores across the United States as it seeks to turn itself around with a smaller footprint.
Best Buy, which has suffered from recent financial struggles, is the largest single retailer for mobile phones in the United States with 13 percent of sales, according to a survey from Consumer Intelligence Research Partners.
BLOOMINGTON, Minn.--Verizon Wireless unveiled a new retail concept meant to highlight connected devices on its LTE network, part of a broader national retail effort to educate consumers about LTE devices beyond smartphones, tablets and hotspots.
Carphone Warehouse said Andrew Harrison will take on the role of CEO starting next month, as a shakeup at Europe's largest independent mobile phone retailer will also see its founder and chairman Charles Dunstone resume a more hands-on role.
LAS VEGAS--Walmart's top mobile executive said that the Straight Talk service offered by América Móvil's U.S. MVNO, TracFone Wireless, is the fastest growing part of its sprawling mobile business.
LAS VEGAS--Walmart is looking to mobile technology to redefine the shopping experience for its retail customers. Speaking at the CTIA Wireless 2013 conference today, Gibu Thomas, global head of mobile at Walmart, said that the company's goal is to create mobile tools that are "indispensable for the customer when shopping in our stores."
Best Buy is getting out of the European market a little less than five years after announcing a European joint venture with retailer Carphone Warehouse, known as CPW. Best Buy will sell its 50 percent stake in the JV back to CPW for around $775 million.
T-Mobile USA acknowledged that its website and in-store computer systems were briefly out of commission this past Saturday, and the carrier cited demand from customers as the culprit, though it did not provide a specific explanation of what caused the system failures.
LG Electronics plans to increase the number of its branded retail stores in emerging markets this year as part of an effort to boost its smartphone sales and market share amid intensifying competition.
Samsung Electronics is throwing down the gauntlet to Apple and every other electronics and smartphone maker by partnering with Best Buy to open 1,400 "Samsung Experience Shops" within Best Buy locations nationwide. The store-within-a-store concept will allow Samsung to highlight its wares and demonstrate how its smartphone, tablets, TVs, laptops, cameras and other connected devices interact.