Dealers Weather Flat-Panel Storm
A slew of reorganizations and store closings among CE retailers - including such high-profile names as Ultimate, Rex, Tweeter and CompUSA - has shed a positive light on smaller dealers.
“The vendors believe in us,” Jim Ristow, executive director of The Brand Source Buying Group, said at its Home Entertainment Source March Madness Summit, which starts this week in Dallas. “They look at us as a national retail entity. We are their only national alternative to the big-box stores for premier electronics.”
Outgoing HES president Bob Cole amplified Ristow’s statement, saying both vendors and retailers “all share the same concerns. It’s a very tenuous thing we do for a living. The only things you need to be constant are you, your brand and the people who work for you.”