Jeff Stone

Hall of Fame Jeffrey Stone President and CEO, Tweeter Home Entertainment Group By Joe Paone It's hard to get Jeff Stone to brag about his accomplishments, because he won't. He even balked initially at accepting our Hall of Fame honor. Stone does not reek of false modesty, mind you. He's quite proud of his accomplishments; he just doesn't feel quite right shouting about them. Jeff Stone is a family man, and in his own words, a dedicated "operations guy". The words he imparts are not the flamboyant, hyperbolic ones of a grand visionary; rather, they are the pragmatic ones of a hard-working craftsman who

By Markkus Rovito There are two kinds of coffee drinkers in the world: the kind that settles for a large coffee with cream from Dunkin' Donuts and the kind that insists on an iced mocha latte from Starbucks. "The big box guys are like Dunkin' Donuts; we're like Starbucks," said Noah Herschman, vice president of marketing for Tweeter Home Entertainment Group. "Starbucks is for people who are serious and passionate about coffee. We want to be the store for people who are passionate about not only consumer electronics, but also movies, music and sports, which is what you use consumer electronics for." Tweeter's

In summer 2000, Tweeter launched a large national rollout of custom installation services. By June 30, 2001, the company employed 121 dedicated installation professionals and expected to double that number over the next year. Senior Vice President Shelly Miller said Tweeter is about two-thirds of the way toward standardizing the approach and in-store presentation of installation services in all the company's stores. By this time next year he expects it to be 90 percent there. CEO Jeff Stone said Tweeter noticed customer demand for custom installation for several years. "We were focused on so many other things, we just didn't have the

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

By Janet Pinkerton Munch, munch, munch. That's the sound of Tweeter Home Entertainment Group devouring the nation's regional consumer electronics retailers. On June 1, Tweeter completed its purchase of SMK Marketing, which does business as Audio Video Systems with three locations (and a fourth on the way) in the Charlotte, N.C., market. Then today, June 4, Tweeter and Sound Advice reported they signed a merger agreement that is expected to be complete on or about Sept. 1, 2001. Jeffrey Stone, Tweeter's president and chief executive officers, contends that the addition of Sound Advice "firmly entrenches us as the nation's Number One speciality retailer. "With a store count expected

U.S. Listing for the consumer Electronics and Major Appliance trade Associated Volume Buyers 5000 East Spring St. Suite 390 Long Beach, CA 90815 Phone: (562) 496-4402 Fax: (562) 496-4543 Web site: www.brand-source.com e-mail: blawrence@avb.net Bob Lawrence, Executive Director DeMar Young, Presiden Kathy Maloney, Comptroller Mike Allen, Furniture Coordinator Jim Ristow, Electronics Coordinator Members: 1,800 Storefronts: 2,400 Chapters: 17 Annual Sales Volume: $5 billion Key Suppliers, Electronics: Thomson, Pioneer, JVC, Mitsubishi, Zenith, EchoStar, DirecTV Key Suppliers, Appliances: General Electric, Frigidaire, Whirlpool, Maytag, Amana, Fisher & Paykel, Holland, Oreck Key Suppliers, Furniture: Ashley, Lane Action, Powell, Best Chair, Simmons, Stratford, Pulaski, Howard Miller Description:

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