Blockbuster has agreed to sell its Australian subsidiary and franchise rights, a deal that continues the company's new focus on the domestic rental market through stores and online rental, with an eye toward digital downloading. Video Ezy, an Australian video chain, will become the new owner of the Blockbuster stores, pending approval of the country's Competition and Consumer Commission.
Circuit City has begun offering previously owned video games on its Web site, an attempt to cash in on the lucrative industry, although some industry analysts foresee trouble for the retailer because of insufficient game supplies.
The Media Oriented System Transport network is gaining popularity with automakers who wish to provide communications between audio devices and the vehicle. The Consumer Electronics Association has announced its efforts to develop a new standard connection for vehicles that have the MOST network.
Wal-Mart Stores is pressing suppliers to hire more women and minorities. The world's biggest retailer, which does business with 61,000 suppliers globally, has begun asking major suppliers for help "in bringing more diversity to the team of supplier representatives," according to an internal memo.
Alpine Electronics' new amplified PLV-7 subwoofer system separates itself from the competition by introducing several new technologies. The system includes two 12-inch Linear Array Transducer woofers designed by the Tymphany Corp. and is powered by a 500-watt PDX amplifier.