Otto Papasadero

Retail theft rings hit CE retailers where they live By Audrey Gray A man and woman walk into a small electronics shop in downtown Philadelphia just after opening time and manage, through a variety of ever-evolving ploys, to lift six Xbox games within a matter of minutes. They hop into a waiting sedan and cruise out to a suburban mall in a different police jurisdiction. By noon, the couple has hit two separate mall retailers for Xboxes and is back on the road, headed to New Jersey to drop off their daily quota of booty at the door of a businessman who'll be auctioning

By Tatyana Sinioukov "Independent retailers must recognize change to survive" was the message conveyed by the several speakers during the Best Brands Plus (BBP) National Dealer Convention held last month in Orlando, Fla., under the motto "On the Right Track." State of the Industry "The only thing that is certain is change," said Otto Papasadero, president and CEO of Canada-based Mega Group, Inc. The Mega Group, Inc. is BBP's affiliate and has two banners, Countrywide Stores with 71 stores nationwide and Multi Meubles, a 25-store chain. (A banner store is an independent retail store that has licensed the Best Brands Plus marketing identity.) There have been more changes

By Tatyana Sinioukov "Independent retailers must recognize change to survive" was the message conveyed by the several speakers during the Best Brands Plus (BBP) National Dealer Convention held last month in Orlando, Fla., under the motto "On the Right Track." State of the Industry "The only thing that is certain is change," said Otto Papasadero, president and CEO of Canada-based Mega Group, Inc. The Mega Group, Inc. is BBP's affiliate and has two banners, Countrywide Stores with 71 stores nationwide and Multi Meubles, a 25-store chain. (A banner store is an independent retail store that has licensed the Best Brands Plus marketing identity.) There have been more changes

Independents Must Recognize Change to Survive By Tatyana Sinioukov "The only thing that is certain is change," said Otto Papasadero, president and CEO of Canada-based Mega Group, Inc. Papasadero spoke at the Best Brands Plus National Convention held last week in Orlando, Fla. Mega Group, Inc. has two banners, Countrywide Stores with 71 stores nationwide and Multi Meubles, a 25-store chain. There have been more changes in the major appliance, furniture and CE retail industry in the last 10 to 15 years in retailing than in the 30 years before that, said Papasadero, and small to medium independent retailers are affected by them the most. "Business isn't much

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