Dealerscope Top 50 CE Retailers
The regional powerhouse Tweeter completed similar purchases, albeit on a smaller scale. In 2000, it bought both the seven-store Chicago-based United Audio Centers and the four-store Douglas TV chain, also based in the Windy City.
Neither Best Buy nor Tweeter has dropped any categories. But, in eliminating computer and home office goods, The Good Guys isn't the only company to do away with low-margin or poor-selling departments.
Circuit City announced in July that it was pulling out of the major appliance business. By November, it had sold the last of its majap offerings. (When asked how the move would affect sales, a corporate spokesperson pointed to the company's December numbers. It rang up $1.66 billion in the last month of 2000, a 2 percent increase over the $1.63 billion made during the same period in 1999.) The privately held Micro Center, meanwhile, made news this year by selling its corporate-sales business to SARCOM computer services company.