Products & Strategies for Consumer Technology Retailing
Search results for Tweeter Home Entertainment Group
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June 2018 From Dealerscope
There's nothing imminent, but I'm talking to eight or nine people across the country about different Deals. -Jeff Stone, CEO Tweeter Home Entertainment Group features 38 Cover Profile: Acquiring Minds Tweeter makes a big deal out of being small. 32 E-Gear Review: Go Beyond TV UltimateTV offers two very compelling features: hard disk recording and Internet access. A hands-on review and retail report. 44 Install or Die? The challenges and benefits of becoming a hybrid retail/custom install business. 48 TrickED Out
June 2018 From Dealerscope
There's nothing imminent, but I'm talking to eight or nine people across the country about different Deals. -Jeff Stone, CEO Tweeter Home Entertainment Group features 38 Cover Profile: Acquiring Minds Tweeter makes a big deal out of being small. 32 E-Gear Review: Go Beyond TV UltimateTV offers two very compelling features: hard disk recording and Internet access. A hands-on review and retail report. 44 Install or Die? The challenges and benefits of becoming a hybrid retail/custom install business. 48 TrickED Out
November 5, 2008 From News
The long-struggling electronics retailer Tweeter has filed papers indicating that it will close its headquarters and shut down operations. According to the Associated Press the company, based in Canton, Mass., filed the letter with the Massachusetts Executive Office of Labor and Workforce Development, stating that it will shut down operations by Dec. 31.
October 20, 2008 From News
The CEO of the newfangled Tweeter Newco departed the company last week due to a "falling out" with the company's owner, the Boston Herald reported Friday.
June 2008 From News
A year after its bankruptcy, the reconstituted, now-private Tweeter has returned with a new prototype store in Dedham, Mass., the Boston Herald reported this week. The store, located a few miles from the company’s former headquarters in Canton, Mass., the new store expands the company’s “playground” concept, which was first developed in the waning days of its pre-bankruptcy days. The store includes “try me” buttons, encouraging customers to check out how products will fit into their homes. Now known as Tweeter Opco LLC, the company has downsized both its store count and distribution network and brought in new management. Meanwhile, the
March 2008 From News
N.E.W. Brings in Tovissi for D&I N.E.W. Customer Service Companies announced Friday that it has named David Tovissi to the position of director of delivery and installation services. At the company, Tovissi will supervise more than 650 installers. Formerly president of Criteria, a custom integration firm, Tovissi also spent time with Sound Advice and Tweeter Home Entertainment Group. “Dave’s experience and passion in the Delivery and Installation business will be a tremendous asset to NEW as we continue to strengthen each segment of our comprehensive service solution,” the company’s senior vice president of strategy and corporate development, Kevin Porter, said in the
March 2008 From Behind The Counter
Last year proved tough for a handful CE retailers, with Harvey, Tweeter, CompUSA and Circuit City hit hard. Meanwhile, the big nationals kept getting bigger, with the top-10 retailers in this year’s Dealerscope 101 survey of the country’s largest CE retailers grabbing more than $137 billion in sales - a 6.5 percent increase over last year - out of a total of $199 billion in sales for the full group. Make sure to check out this month’s issue for the full report. Regional and independent retailers also held their own, with many posting better gains than the average or individual sales of the
February 2008 From News
In a move that had been expected when Tweeter Home Entertainment Group filed for bankruptcy last summer, the “Tweeter Center” name has been removed from the concert venue in Camden, N.J., that has carried that name since 2001, the Philadelphia Inquirer reported Tuesday. The amphitheater, which is situated across the Delaware River from Philadelphia and hosts a well-attended outdoor concert series every summer, will now be known as the Susquehanna Bank Center, thanks to a $10 million naming rights deal with the Pennsylvania bank. Tweeter’s deal to have its name on the venue was supposed to run through 2011, but that contract was canceled
September 2007 From News
Tweeter Newco, the company seeking to rise from the ashes after the bankruptcy of its predecessor Tweeter Home Entertainment Group, on Thursday received $80 million in new financing, the company announced. The infusion comes from a $60 million loan from the bank Wells Fargo, and a loan of $20 million from Schulze Asset Management, the private equity firm that purchased Tweeter this summer. “This new financing will ensure that we are properly stocked with a good selection of premium products from our best and most-qualified suppliers. These are goods and parts that our discerning customers demand and expect from us. “ Tweeter’s recently
Creating a New Model
September 2007 From Dealerscope
As the death knell tolls for many pure CE retailers, a variety of dealers are adopting creative sales and service models that are bringing new life to the market. “I don’t think it’s completely dead,” Paul Ryan, vice president of new store development for Tweeter Newco, said of pure retail. “I still think there’s some business out there. But I also believe the more a product is identified as a commodity, the less likely we’ll see any growth in that business.” With flat panel televisions hitting commodity status, Tweeter and the rest of the A/V sector continue to dive deeper into the sale
September 2007 From Dealerscope
As the death knell tolls for many pure CE retailers, a variety of dealers are adopting creative sales and service models that are bringing new life to the market. “I don’t think it’s completely dead,” Paul Ryan, vice president of new store development for Tweeter Newco, said of pure retail. “I still think there’s some business out there. But I also believe the more a product is identified as a commodity, the less likely we’ll see any growth in that business.” With flat panel televisions hitting commodity status, Tweeter and the rest of the A/V sector continue to dive deeper into the sale
August 2007 From News
A former party-supply executive is being brought in to rescue the retailer Tweeter, after its takeover earlier this summer. Schultze Asset Management, which purchased Tweeter in July and now calls it Tweeter Newco, announced Friday that Geroge Granoff, formerly COO of Party City, Ames Department Stores and Bradlees, will take over as Tweeter’s CEO. Granoff will replace Joe McGuire, who resigned from the company four days earlier. In an announcement, Tweeter’s chairman, George Schultze, called Granoff a seasoned retail turnaround executive, who who has “an established record of focusing organizations on their core strengths.”
