Wal-Mart Stores' and Target's holiday season plans to compete for shoppers by slashing prices could result in lower profits for the retail giants, as well as other retail competitors that try to match their discounts, analysts said. Toys and electronics are expected to be among the most competitive categories.
The gamer stereotype is quickly becoming outdated as more women and older consumers begin playing, mainly because casual games don't require hours of commitment and games can take the place of TV as a calming evening activity.
Best Buy is keeping its 5-year-old corporate volunteer program alive in an effort to help solve its need for temporary holiday workers and help those working at the corporate level to stay connected with customers. Best Buy still plans to hire as many as 25,000 seasonal workers this year.
A limited supply of Sony PlayStation 3s will go on sale in the U.S. Thursday night, and retailers will have to prepare for another game console frenzy Sunday when Nintendo's Wii goes on sale. Sony confirmed in a statement that PS3s may have trouble playing about 200 of 8,000 games for PlayStation and PS2, and on Friday gamers will be able to download an update that addresses the issue.
Motorola on Monday launched a pair of headphones for the South Korean market that are compatible with 1.2-Bluetooth-version mobile phones. The H700 mono headphone is equipped with a chip that eliminates echoes and noises, and the HT820 stereo headphone supports both headset and hands-free connectivity to Bluetooth phones and lets users switch from listening music to answering calls.