I don't think much of this news. When Oreck's new $500 upright is the "Magnesium", I have little hope left for them in the first place. Over here in America, we are seeing other brands pop up in Oreck stores too like Miele and Simplicity. As for Panasonic, I don't see this as a big deal since they have been manufacturing most Kenmore vacs for Sears for decades and sold out long ago. I think that both of these companies have simply sold out their core dealer networks and their quality in order to be on the shelves of the largest retailer on the planet. I will say, though, that at least here in the mid-west, many major retailers like Kmart and Meijer are making major comebacks and are fighting the good fight against the evil Wal-Monster. My local Kmart is busier and busier every time I go there and I actually prefer it over any other big box store because of the level of service you receive.