InfoAnda - Walmart eager on tablets, expands wireless focus |

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

Letterman felon to skip Emmys despite nomination | 24 September 2010
Lil Wayne album still due February 2, label insists | 8 January 2010
Tests suggest 5 women raped in Philippine massacre | 3 December 2009

Ex-Pink Floyd frontman takes The Wall back on road | 28 May 2010

Forum Views () Forum Replies ()

Read more with google mobile : Walmart eager on tablets, expands wireless focus |

Edition: U.S. Article Comments (0) Global Technology Summit Angry Birds, the next Mickey Mouse? Google, Apple not unassailable in smartphone race Death of PC exaggerated, sales look OK Intel eyes Apple as it plans its future Venture funds look beyond social media Mobile hacking sets off security gold rush Telmap says weathered Google-Nokia storm Apple plans smaller SIM card Gameloft bets on smartphone shift Video: Real Networks' Rob Glaser on revamping his company Follow Reuters Facebook Twitter RSS YouTube Read Predictor of May 21 Judgment Day to monitor news broadcasts | 11:06am EDT Whistleblower says Russian troops fed dog food 11:31am EDT Media zoom in on mystery Schwarzenegger mistress | 18 May 2011 Predictor of May 21 doomsday to watch it on TV 10:57am EDT Strauss-Kahn arrives at court for bail hearing | 11:59am EDT Discussed 102 Texas county official says ”stupid” feds sparked fire 80 Israel-Palestinian violence erupts on three borders 68 Boehner says ready to cut budget deal today Watched Fire ants form rafts to defy floods Tue, Apr 26 2011 End of the world as we know it...on May 21 Wed, May 18 2011 Schwarzenegger's mistress identified, Oprah hosts celebrity send-off 1:43am EDT small business The top 100 business minds What does the head of Al Jazeera and comedian Conan O'Brien have in common? They're two of the world's 100 most creative business people, according to Fast Company magazine. See who else made the list. Full Article VC funds look beyond social media Can a Navy SEAL help your business? Bad weather is big business for startup Walmart eager on tablets, expands wireless focus Tweet Share this By Jessica Wohl CHICAGO (Reuters) - The tough task of selling electronics should ease up a bit as shoppers scoop up tablets and television prices stop plunging, the head of Wal-Mart's U.S. entertainment division said on Thursday. Wal-Mart Stores... Email Print Related News UPDATE 2-Wal-Mart tests selling GE appliances in Texas 1:24pm EDT Dollar Tree wins over bargain-hunters, shares soar 9:37am EDT UPDATE 3-Dollar Tree wins over bargain-hunters, shares soar 9:36am EDT WRAPUP 2-Target, BJ's profits show shopper spending caution Wed, May 18 2011 Target beats estimates on credit cards Wed, May 18 2011 Analysis & Opinion House-hunting? Don’t buy until you read this Tech wrap: RIM’s Playbook recall Related Topics Technology » Media » iPad » People are seen leaving the Walmart in Westbury, New York, February 17, 2010. Credit: Reuters/Shannon Stapleton By Jessica Wohl CHICAGO | Thu May 19, 2011 4:03pm EDT CHICAGO (Reuters) - The tough task of selling electronics should ease up a bit as shoppers scoop up tablets and television prices stop plunging, the head of Wal-Mart's U.S. entertainment division said on Thursday. Wal-Mart Stores Inc is starting to devote less space to electronics at U.S. stores, but is definitely not walking away from any parts of the business. "We're not cutting our assortment," said Gary Severson, senior vice president of entertainment at Walmart U.S. Selling electronics is difficult as shoppers have fewer discretionary dollars to spend and shop around for deals. Also, gadget prices have dropped, so even as Walmart sells more televisions the revenue associated with those sales slides. "The industry is challenged right now and I think that it will continue to be a very competitive environment but I truly anticipate that it will get a little bit better," Severson, who has been with Wal-Mart since 1994, said in an interview. Walmart is doubling up on wireless sections at the front of its stores and tablets are also selling well, with demand exceeding supply, he said. Severson, whose own iPad got stolen from a rental car, said tablet supply issues should improve as the year progresses. While he would not single out the best sellers among Apple Inc iPads, Amazon.com Kindles and other such goods, he said consumers are definitely interested. "We're very bullish on the growth that's going to happen there for the whole category," Severson said of tablets. DEFLATION CAN BE GOOD Even though Walmart's television sales were strong in the first quarter, as customers bought TVs with their tax refunds, overall entertainment sales declined in a mid single-digit percentage range. The "exorbitant amount of deflation" in some categories crimped revenue, Severson said, and consumers were hit by economic issues including higher-priced food and gasoline. The industry always has deflation and "honestly" it thrives on it, said Severson, as lower prices attract some customers. As long as the number of units sold increases, "some deflation is actually good." he said. "We'll still see deflation but it will probably slow a little bit versus the last couple of years." Industry dynamics are evolving. Best Buy Co Inc is shrinking some stores and placing a bigger emphasis online as it tries to win back market share from Walmart and others, while more shoppers use gadgets to find deals. At Walmart, some customer space in areas such as electronics is being eliminated to make room for other items such as fabric after a streamlined overhaul failed. Walmart, which is focused on winning with low prices, also hopes to lock in sales by offering more product details and training staff about certain items to better compete against Best Buy and others with a service focus. "We don't stand on service as our number one value to the customer, we stand on price," said Severson. Still, service matters in some spots, such as picking the right phone and carrier. Walmart will add wireless sections at the front of another 150 to 200 U.S. stores by around September, he said. It currently has 200 of the spots. Walmart sells phones from carriers including AT&T, Sprint Nextel, T-Mobile and Verizon, as well as prepaid phones from America Movil's TracFone. Walmart also continues to see growth in sales of laptops. As for his favorite gadget, Severson was silent. "That's like asking me which one of my children I love the most," said the father of six. (Reporting by Jessica Wohl, editing by Matthew Lewis) Technology Media iPad Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language, all capital letters or appear to be spam, and we review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. Comments (0) Be the first to comment on reuters.com. Add yours using the box above. Social Stream (What's this?) © Copyright 2011 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Reader Feedback Mobile Newsletters RSS Podcasts Widgets Your View Analyst Research Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week FindLaw Super Lawyers Attorney Rating Service Reuters on Facebook Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Other News on Friday, 20 May 2011
Bahrain wants to expand military bases |
Europe's south bashes Merkel for work harder quip |
Facebook looks at China, Zuckerberg packs bags |
Verizon eyes family data plans |
Facebook, Apple pressed on kids' mobile privacy |
Analysis: Uphill fight for Baidu, China censorship lawsuit |
Walmart eager on tablets, expands wireless focus |
European start-ups shy away from IPO frenzy |
Witch hunt or wise move? Cannes ponders expulsion |
Titanic to be released in 3D in theaters worldwide |
Plan B scoops three UK Ivor Novello music awards |
Pakistan Taliban says it attacked U.S. consulate convoy |
Gaddafi's departure from Libya inevitable, Obama says |
Obama and Netanyahu face tense meeting on Mideast |
North Korea's heir apparent goes on show in China-reports |
Qantas flight returns to Bangkok after engine shutdown |
More than 640 hurt in South Africa train crash |
Afghanistan, West hope farming will crush Taliban, poppy lure |
China to expedite delivery of 50 fighter jets to Pakistan: WSJ |
Last WWI veteran laid to rest in military funeral |
Obama says Syria's Assad must reform or go |
Verizon eyes family data plans |
Playboy archives entire magazine online |
China Telecom in touch with Apple on CDMA iPhone: chairman |
It's a country, teen finale for American Idol |
Schwarzenegger halts Hollywood return after scandal |
Fans cheer Stephen Fry casting in Hobbit movie |
U.S. audiences treated to new TV shows, that feel old |
Saleh calls for early election as Yemenis protest |
China says detained artist Ai Weiwei's company evaded taxes |
Spain government rethinks ban as youth protests grow |
ANC wins South Africa local polls |
Belarus court sentences two Lukashenko challengers |
Ahmadinejad oil ministry move illegal: Iran watchdog |
Sony hacked again |
Sony may resume U.S.-based online games on Tuesday: report |
Panasonic sees tough year as quake aftermath hampers |
Nokia picks Qualcomm for Windows phone, seeks others |
China Telecom in touch with Apple on CDMA iPhone |
Director's shame casts pall over classy Cannes |
AmfAR gala raises $10 mln, Cannes parties wind down |
Blood, fuel power Gosling debut at Cannes festival |
Sean Penn plays catatonic Goth rocker in Cannes |
Exhibitions: Tracey Emin's adults-only retrospective |
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph		BlogMeter 1.01