The Era of Big Box Retail Dominance Is Coming to an End

When Best Buy Co. (BBY) said yesterday it was closing 50 big stores and opening 100 smaller ones, the world’s largest electronics retailer was adjusting to reality: The era of big-box retail dominance is coming to an end.

The new mantra is small box. While Best Buy, Wal-Mart Stores Inc. (WMT) and Target Corp. (TGT) are still opening large stores, all are putting increasing emphasis on smaller ones. Best Buy plans to double the number of its smaller Best Buy Mobile stores by 2016. Wal-Mart is building as many as 100 small-format stores this year, while Target is opening five CityTarget locations.

After 50 years of putting mom and pops out of business, big-box retail is having a mid-life crisis. A slow economy has hurt same-store sales, narrowing margins at big stores. Meanwhile, consumers, armed with price-comparison technology, are visiting more stores seeking deals or exclusive merchandise rather than making one-stop, fill-the-cart excursions.

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Tribeca Film Festival Teams with Brightcove to Power Online Video Initiatives

Brightcove Video Cloud enables the organization to expand the reach of video content to new devices and audiences around the world


Intended for medium-throw applications in rental productions and fixed installations

Digital Rapids Adaptive Streaming Encoders and Automation Drive Massive Multi-Screen Sports Media Success for PERFORM

Over 150 automated StreamZ Live encoders power lucrative live streaming of 25,000 events annually for leading sports media group

Life-Size Infinite Touchscreen debuted in Las Vegas

MHL Consortium Exceeds 100 Worldwide Adopters

Adopters Span a Broad Ecosystem of CE, Mobile, Semiconductor and Cable Manufacturers


Communication Bus Offers Simplicity in Installation and Flexibility with Existing Building Automation Systems

HARMAN Luxury Audio Group Upgrades Its JBL Synthesis Eargle Theater Demonstration Facility In Northridge, California

"Our Northridge campus is home to the world's most advanced loudspeaker engineering and testing facility and listening laboratory,"

QA Graphics Releases v3.0 of Data Manager for Energy Efficiency Education Dashboard

QA Graphics Makes Energy Data Available Anywhere/Anytime

Ignite Your Music and Video Experience with Grace Digital Audio's FireDock Speaker Dock for Kindle Fire

A refreshingly elegant design caters specifically to Amazon's 7 - inch tablet, enhancing your media with a robust room-filling stereo sound

Omnivex & Digital Signage Connection to Present "Digital Signage in the Cloud" Live Webcast on April 17

The live event will feature presenter Doug Bannister, CEO & Director of Software Development at Omnivex Corporation


Funding supports Phase II Research into Advanced Wireless Techniques for Remotely Monitoring the Wellness of Seniors

VITEC Provides Encoding Platform Used for Video Streaming to Reach 112 Colleges over the Internet

VITEC uses Optibase Video Encoding Platform to capture Sacramento Chancellors Office Board of Governors meetings and Press Conferences for real-time viewing over the Internet to all 112 Higher Education Community Colleges in California.

HAI Releases Stand-Alone Remote Functionality with Kwikset ZigBee Door

Home Automation, Inc. (HAI), leading manufacturer of integrated security and home automation products since 1985, announced stand-alone integration with an HAI MicroControl and Kwikset ZigBee wireless door locks.

This floating movie theater might just be the coolest place on Earth

For a new film festival in Thailand called Film on the Rocks Yao Noi, an outdoor cinema was constructed in the most unlikely of places: right on top of the water. And it just might be the most amazing place you could ever want to watch a movie.

The amazing venue is called the Archipelago Cinema and is tucked away inside a bay surrounded by towering island rocks and lush jungle plants. It's a natural paradise, and it just happens to be the perfect spot for a floating movie theater. The lagoon itself is shallow enough that it turns into a watery beach during low tide. Once the tide shifts, the ocean once again fills the area.

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Automation & Control - Featured Product

This is Control4 Home Automation with Amazon Alexa.

This is Control4 Home Automation with Amazon Alexa.

INTRODUCING THE SIMPLEST WAY TO CONTROL YOUR ENTIRE HOUSE YOUR VOICE. Imagine this... We've all been there-walking through the door into a dark house, arms full. Wouldn't it be nice to tell your house to offer a helping hand? Now you can. A simple voice command-such as "Alexa, turn on Welcome"-lights up the hallway and kitchen, fires up your favorite Pandora station, while the door locks itself behind you. This is Control4 Home Automation with Amazon Alexa.