Electronics Expo Files For Ch. 11 Bankruptcy
New Jersey-based CE retail chain Electronics Expo filed for Chapter 11 bankruptcy on Sunday night, the Bergen Country Record reported.
The company, founded in 2004 by Sixth Avenue Electronics cofounder Leon Temiz, had eight stores at its peak, but is currently down to just two, in addition to a clearance center. It is headquartered in Wayne, N.J.
According to U.S. Bankruptcy Court documents cited by the newspaper, the company shows assets of between $1 million and $10 million and liabilities of $1 million to $10 million.