J&R Music and Computer World, which took up a block on Lower Manhattan's Park Row for the past 43 years, will shut its doors Thursday, in order to make room for development of what the owners hope will become an "unprecedented retailing concept and social mecca," according to a letter posted Wednesday on store doors and the store's website by owners Rachelle and Joe Friedman.
J&R Music & Computer World is the newest member of PRO Group, the group announced Monday. The venerable lower Manhattan retailer becomes the group's 16th member.
Every year Dealerscope has the pleasure of honoring the most influential leaders in consumer technology with the Dealerscope Hall of Fame Awards. The inductees are selected by the magazine staff after consulting with various members of the industry. This year, Dealerscope honors five individuals from the retailing and manufacturing parts of the industry. These inductees represent the best and brightest talent in the consumer electronics world. They have singled themselves out through their vision, leadership and accomplishments, and have helped shape the industry for the better. In the pages that follow we profile this year’s inductees and allow them to share their experiences and
Best Buy Founder Richard M. Schulze will turn over his CEO responsibilities to Vice Chairman Bradbury H. Anderson, effective June 30. Schulze remains chairman of the board. Prior to the promotion, Anderson was president and COO, responsibilities that on March 3 will be assumed by Allen U. Lenzmeier, formerly president of Best Buy Stores. Michael P. Keskey, formerly executive vice president of Best Buy Stores, will become resident of Best Buy Stores, also on March 3. The Wiz appointed Laurie Clark senior VP, general manager—merchandising and marketing, and Bill Shull, senior VP, sales and operations. Both Clark and Shull are formerly of TransWorld Entertainment. MEGA Group