Lechmere

By Tatyana Sinioukov With Circuit City getting out, Sam's Club and Wal-Mart getting in, and the independent, regional and national retailers all competing for their place under the sun—expanding distribution, lowering prices and improving customer service—2000 was a year of transition in the major appliances market. Industry assessment of the year's changes were mixed. "I don't think the fact that the distribution strategy had changed means people are going to buy more or less appliances," said Tina Settecase, vice president and general merchandise manager, home appliances, Sears. "The industry per se is going to have as many sales as it was going to

U.S. Listing for the consumer Electronics and Major Appliance trade In this section, Dealerscope profiles the top 10 retail demographic market areas, reporting on 1999 retail entrances and exits, regional economic highlights and outlooks for 2000. 1. New York City Entrances & Exits: When Circuit City opened its first store in New York City in 1998, it proved to other national chains that the big rent of the big city is quickly compensated by the big spenders in the big city. Consequently, the Big Apple in the last year saw even more megastore openings. Office Depot opened its first Manhattan store—a 21,000-sq.-ft .store

Boston Entrances & Exits: The fourth quarter of 1998 marked one year since Lechmere's departure and the closing of several Nobody Beats the Wiz stores in the Boston market area. Retailers could now fully assess the impact of these changes. "It's been a real boon to our business," said Noah Hershman, Tweeter Home Entertainment Group's vice president of marketing. Then again, very little has impacted this chain's performance in a negative way. The Canton, Mass.-based Tweeter Home Entertainment Group, which formerly did business as New England Audio, is expanding. In early February the deal between Houston-based Home Entertainment and Tweeter Home Entertainment Group was

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