Change to Merchandise, Display to Sell
Commentary by Harry Elias, Executive VP and COO, JVC Company of America
About 10 years ago, in my travels, I walked out of a Best Buy in Dayton, Ohio, and saw REX TV next door and Circuit City, Sun TV and Sears up the street. Five major retailers within a shopping parking lot. In Dayton, Ohio, yet! I said at the time, "There's no way it's going to work," and it didn't work.
A 1983 NATM plaque on the wall of my office now reads like a tombstone. Lechmere, Luskins, Highland, Steinbergs, Brick Church, Silo, Sun TV—they are all gone. Circuit City and REX are now on their own. And NATM has a whole new line-up.