dealerscope

Applied safety science outfit UL Solutions recently announced that it will expand its laboratories around the world, to accommodate the rising market growth for Internet of Things and wireless device technologies.   UL Solutions said it will be expanding its laboratories in California, Taiwan and the United Kingdom, making them further equipped for electromagnetic compatibility testing and certification.  Market growth for Internet of Things inspires UL Solutions facility expansion  UL Solutions claims that manufacturers will benefit from the latest electromagnetic compatibility testing technology, which features in the company’s laboratories in the United States and the United Kingdom. Said laboratories can also help manufacturers increase capacity regarding “ consumer electronics , appliances, lighting, information technology devices, medical devices, automotive, high-tech components, Internet of Things (IoT), industrial, and last mile electric and micro...

  While Black Friday and Cyber Monday rightly get lots of hype for the home appliance deals on offer, it’s a couple of months later that many choose to invest in a new television. There’s a reason for this: Super Bowl Sunday is the biggest TV event of the year, and consumer electronics retailers typically lean into this fact by heavily discounting televisions in the weeks leading up to the game. The early-January timing of the Consumer Electronics Show (CES)  — the annual tech trade show, where TV manufacturers announce their latest models — also helps matters for consumers, as retailers will often discount older TV models in order to sell off existing inventory. As Consumer Reports details, the second-best time of the year to buy a television set  — just behind Black Friday — is precisely two weeks before the Super Bowl. And although screen size certainly matters in choosing a new set, there’s more to the picture than just inches. Viewing angles, motion handling, and of course ...

  THE DAILY SCOPE, 1/3/22: As they enter the post-holiday season fog, retailers can expect some previously overzealous customers to come back to earth and return products bought in the midst of shopping frenzies. Returns are part of the territory and should come as no surprise for retailers . Last year, a study by the National Retail Federation (NRF) estimated that 13.3 percent of products sold during the holiday season were returned , meaning that in 2020 roughly $101 billion worth of merchandise was sent back. With total retail sales increasing 8.5 percent year-over-year for the 2021 holiday season , the 2021 holiday season returns are expected to be larger than last year’s figure. If returns continue at last year’s pace and retailers reach the NRF’s originally projected $843.3 to $859 billion in sales, then retailers can expect some $112 to $114 billion in products to be returned this year. This should come as no surprise to retailers. According to a study conducted by Inmar ...