Framingham, Mass.

Bose announced Tuesday that it is laying off 1,000 employees- 10 percent of its work force. The cuts, according to the Associated Press, will come from various areas, including manufacturing and the company's Framingham, Mass., headquarters.

Vice President Group Publisher eric schwartz (215) 238-5420 • FAX (215) 238-5457 eschwartz@napco.com Editor-in-Chief JANET PINKERTON (215) 238-5464 • FAX (215) 238-5346 jpinkerton@napco.com EDITORIAL Senior Editor David Dritsas (215) 238-5261 ddritsas@napco.com Senior Editor markkus rovito (215) 238-5416 mrovito@napco.com Associate Editor Collin Keefe (215) 238-5334 ckeefe@napco.com Managing Editor CHRIS JAGGER (215) 238-5334 cjagger@napco.com Editor at Large Grant Clauser (215) 238-5216 gclauser@napco.com Contributing Editor, Brett Solomon Mobile Electronics (516) 731-7274 Nopanegain@aol.com Editorial Offices: 401 N. Broad St., 5th Floor Philadelphia, PA 19108 (215) 238-5346 www.dealerscope.com STAFF Classified Production Manager MADELINE SACERDOTE Reader Service PATRICIA NICHOLS Advertising Production Manager maria varallo Circulation Manager rhoda dixon (215) 238-5381 Copyright ©2001 North American Publishing Company Editorial and Publishing

1972 Current company Chairman Sandy Bloomberg founds New England Audio (NEA), d/b/a Tweeter etc. The first location, a Scandinavian/European concept store, opens on Commonwealth Avenue in Boston. 1974 NEA opens the Chestnut Hill store—the first audio specialty store in a mall in the United States—and adds the Yamaha brand. 1975 First Tweeter franchise store opens in Framingham, Mass. 1976 New Hampshire franchise opens. 1977 Rhode Island franchise opens. 1979 The Video etc. consumer video equipment store opens in Dedham, Mass. 1981 Video etc. closes. 1982 Leo Kahn buys interest in NEA. Bill Grant comes in

EDITORIAL Editor-in-Chief JANET PINKERTON (215) 238-5464 jpinkerton@napco.co Senior Editor David Dritsas (215) 238-5261 ddritsas@napco.com Senior Editor markkus rovito (215) 238-5416 mrovito@napco.com Associate Editor Tatyana Sinioukov Managing Editor CHRIS JAGGER (215) 238-5334 cjagger@napco.com Editor at Large Grant Clauser (215) 238-5216 gclauser@napco.com Contributing Editor, Brett Solomon Mobile Electronics (516) 731-7274 Nopanegain@aol.com Editorial Offices: 401 N. Broad Street, 5th Floor Philadelphia, PA 19108 Editorial FAX: (215) 238-5346 Dealerscope Home Page: www.dealerscope.com Art Director Al Gaspari Assistant Art Director JENNIFER PEZANOWSKI Pre-press Specialists PATRICK FARRELL CLIFF LENTZ JIM KUKUKA GROUP PUBLISHER Vice President eric schwartz (215) 238-5420 (215) 238-5457 FAX eschwartz@napco.com SALES & MARKETING West/Mid-West rick albuck Associate Publisher (215) 238-5215 (215) 238-5457 FAX ralbuck@napco.com East Coast BERNARD M. SCHNEYER President 410 Union Ave.

Dealerscope profiles the top 10 retail demographic market areas, reporting on 2000 retail entrances and exits, regional economic highlights and outlooks for 2001. 1. New York Entrances and Exits: Due to the enormous success of its Bang & Olufsen showroom opened in 1999 in lower Manhattan, Harvey Electronics opened its second Bang & Olufsen showroom in the NYC metropolitan area in Greenwich, Conn., last October. The showroom is a few blocks from the Greenwich Harvey Electronics. J&R Music World expanded with the opening of its new retail computer store in its Park Row outpost in Manhattan. Wolf Camera opened two "Vision"

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