Diana Ross wasn’t the only star at Monster Cables’ annual Retail Awards ceremony at this year’s CES. Dozens of the industry’s top retailers also shared the spotlight as Head Monster Noel Lee honored them for exceptional sales of Monster products during these difficult times.
What happened to one of the industry's foremost retailers, and where is it headed? By Joe Paone Ultimate Electronics, the Rocky Mountain retail mainstay, has seen better days. Its finances are in tatters, so much so that in January, it filed for bankruptcy protection. Its stock, once a hot commodity, is virtually worthless. It owes several of the industry's foremost vendors millions of dollars. Its boardroom and executive suites have undergone an extreme makeover, with the familiar faces of Founder Bill Pearse, President/CEO Dave Workman and numerous other executives exiting the company in the wake of a friendly bailout-cum-takeover
On May 24, I will resign as Dealerscope's editor-in-chief in anticipation of my first child being born in June. Grant Clauser, editor-in-chief of Dealerscope's sister consumer magazine, E-Gear, will become editor-in-chief of Dealerscope as well. Grant will be backed by David Dritsas, who will be promoted from senior editor to editor for both magazines. I will remain involved as a monthly freelance contributor to Dealerscope as editor at large. It's very strange how life's cycle goes round. My grandmother, Janet "Nana" Davidson, for whom I am named, died three days before I was married in May 2000. Now my grandfather, Jerry "Papa" Davidson, my