Joe McGuire

1 1 Dell 37.43 B 36.28 B 3.17 37.43 B 36.28 B 1 N/A 1 Dell Way Round Rock, TX 78682 512-338-4400 www.dell.com Michael Dell Public, EO (MO/Web) 2 2 Best Buy 22.48 B 19.45 B 15.58 29.97 B 26.65 B 858 742 7601 Penn Ave. South Richfield, MN 55423 612-291-1000 www.bestbuy.com Bradbury H. Anderson Public, ATVM (+Web) 3 3 Wal-Mart 23.49 B 21.68 B 1.81 234.87 B 216.77 B 3,689 3,461 702 SW Eighth St. Bentonville, AR 72716 479-273-4000 www.walmartstores.com H. Lee Scott Jr. Public, MM (+Web) 4 4 Circuit City 11.93 B 10.79 B 10.56 11.93 B 10.79 B 653 631 9950 Maryland Dr. Richmond, VA 23233 804-527-4000 www.circuitcity.com Philip J. Schoonover Public, EO (+Web) 5 5 Staples 8.1 B 7.23 B 12.03 15.41 B 13.85 B 1,576 1,491 500 Staples

Retailers have spent the months following the 2006 holiday flat panel TV debacle retrenching their businesses to successfully navigate and ride out whatever treacherous water lies ahead. “The perfect storm” is how many retailers and vendors describe what hit the flat panel TV market in the fourth quarter. The conditions were right for disaster: too much supply, too many brands, too much competition, too many unexpected pricing moves and too much discounting. “Everybody was reacting,” said Dave Workman, executive director of the PRO Group. “The wheels came off. Minimum advertised price was less than a suggestion. So things were just being

A Surprise at LG’s Line Show At LG’s line show yesterday, dealers were surprised to learn that Bob Perry, vice president of sales for LG Electronics North America, has left the company. But that was all the company would say. No other details were released other than that he left the company to pursue other interests. Perry has made a name for himself in the industry, long before he was even with LG, where he as been for three years, after a stint at Mitsubishi. Some dealers at the show reacted negatively to the news, but others expressed that they were not concerned The Ever-Growing Brand

The fourth quarter holiday selling season is upon us. What’s in store? Wild ride? A crash? Or just another frenetic three months of selling before everybody heads to Las Vegas for CES? In a Summer 2006 Retail Sales Outlook written for the National Retail Federation (NRF), Rosalind Wells of Wells & Associates reported U.S. retail sales averaged 7.8 percent retail sales growth in the first quarter, followed by an estimated 7.0 percent in the second quarter. Citing a “slow-down in progress,” NRF expects retail sales rates to “moderate for the balance of the year” and track at a 6.0 percent increase for

Tweeter Home Entertainment Group announces plans to close 19 stores, according to the company, which announced its earning results for the second fiscal quarter ending March 31, 2005. Tweeter expects to reduce its total workforce by approximately six percent as a result of the store closings. According to company reports, the closings represent almost 11 percent of all stores and 4.7 percent of revenue.   Total revenue from continuing operations decreased one percent to $185 million from $186 million in the same period last year while comparable store sales from continuing operations decreased four percent, says Tweeter. Operating loss from continuing operations for the quarter, according

Tweeter Home Entertainment Group announced Jeffrey Stone, the company's president and CEO, will be leaving to become president and CEO of Tivoli Audio, a consumer electronics manufacturer (makers of the Henry Kloss Model One radio) in which Tweeter owns a 25 percent equity stake. "I have loved leading this company over the past 15 years," Stone says. " I feel very fortunate to have been at the helm during a period of tremendous growth for Tweeter and want to thank all Tweeter associates, past and present, for their many contributions." Tweeter's board of directors has named Joe McGuire, the company's CFO, to serve as

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