Investor's Business Daily

Retailers Pushing Smart Home Devices To Mass Market

December 10, 2014

Best Buy (NYSE:BBY) and other retailers this holiday season are pushing smart home devices closer to mass-market adoption, Parks Associates said in a report Thursday.

Multiple retailers have expanded their shelf space devoted to these devices, which include smart lighting, electronic door locks, programmable thermostats and next-generation smoke detectors. Best Buy has taken the lead, with some locations setting aside over 800 square feet of floor space to connected home products, Parks said.

Other retailers stepping up their promotion of smart home devices include Home Depot (NYSE:HD), Lowe's (NYSE:LOW) and Apple (NASDAQ:AAPL), Parks said.

From the article "Retailers Pushing Smart Home Devices To Mass Market" by Patrick Seitz.

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