Trans World narrows loss in Q3
Albany, N.Y. — Trans World Entertainment Corp. reported Thursday that it recorded a loss of $16.1 million in the third quarter, compared with a loss of $22.3 million a year earlier.
Total sales dropped 20% to $128.8 million. Same-store sales decreased 5%.
The company, which owns the f.y.e. (For Your Entertainment) chain of music stores, operated an average of 533 stores during the quarter, compared with 694 in the same quarter last year, a 23% decline.
Ethan Allen launches Intava interactive touchscreens in stores
Bellevue, Wash. — Touchscreen solution-provider Intava said Thursday that Ethan Allen has selected Intava Vector to power the retailer’s new touchscreens in participating Ethan Allen Design Centers nationwide.
The touch screens showcase Ethan Allen’s designs using interactive technology that combines photos, videos and details on all available furnishings and accessories. The technology gives consumers the ability to discover, select and visualize home interiors through intuitive interactions with the screen.
“Choosing Intava as the technology provider for our new touch screens was an important decision, as we needed an extremely high-quality interactive retail system that could showcase complex product lines,” said Mike Bacon, director of retail systems for Ethan Allen. “The Intava solution is easy for our clients to use and can scale to support our retail locations across the country.”
Ethan Allen will deploy the touchscreens in most of its U.S. retail locations this fall. The touchscreens are powered by Intava Vector, a customizable visual merchandising and shopper assistance solution. In addition, Ethan Allen’s network of touchscreens will run on the Intava Sphira application platform, providing Ethan Allen with complete control through web-based content-management tools, centralized system health monitoring, remote diagnostic and administration tools, and store-by-store usage reports.
London Drugs to roll out StoreBoard Media installation
New York City — Indoor billboard network StoreBoard Media said Thursday that it has secured its first retail installation in Canada via a new licensed partner based in Vancouver.
StoreBoard’s new licensee, operating as StoreBoard Media Canada, has signed an agreement with London Drugs to place ads on the retail chain’s security pedestals in the stores’ entrance ways, computer and audio video departments across Western Canada starting immediately.
London Drugs operates 74 stores across Alberta, Saskatchewan, Manitoba and British Columbia.