Lexington, Ky.

THIEL Audio announced Wednesday that it has been acquired by a private equity firm based in Nashville, Tenn. The company's announcement did not reveal the name of the acquiring firm or the purchase price. 


Lexmark International has added Staples, Office Depot, OfficeMax, InkStop, MicroCenter and Fry's to its distribution footprint. Products going to these retailers include the Professional Series line of printers and all-in-ones (AIOs) for the small office/home office (SOHO) and small and medium business (SMB) markets.

Sales of extended warranties, despite a few glitches right before last year’s fourth quarter, seem to have stabilized going into the new year, due mainly to providers that have ramped up dealer programs and retailers who have discovered new strategies and leveraged market trends to push the coverage.

Kathy Gornik, President and Marketing Director, Thiel Loudspeakers, Lexington, Ky., celebrating 30 years in industry this year. First job in the industry: Starting my own company. I just created my own job. Starting Thiel didn’t take that much courage when you grow up in a family where that’s what your family does. My father owned a high-end men’s clothing store (in Euclid, Ohio) that later did some ladies clothing. I grew up talking about cash flow problems, loans from banks, employee problems, inventory problems. I also worked in my dad’s business and always had that perspective of him. He was taking

If the dawning of the New Year is a time for reminiscence, 2007 will probably be a year many dealers, distributors and buying group leaders would rather forget. While leaders in the CE industry named the margin free fall and the shift to flat-panel TVs as the most significant market factors of the year, every person who was interviewed said they’ll remember 2007 for its tumultuous economy. Housing sales and prices declined while inventories increased. The subprime mortgage fiasco, the credit crunch and the rise in gas prices dogged consumer confidence. More pricing mayhem was expected on Black Friday, heralded by Wal-Mart’s early

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