NATM adds video only
Article Abstract:
NATM Buying Corp., few weeks before its annual meeting in Aventura, FL, added brown-goods only retailer Video Only, which has 14 stores in the Pacific Northwest into its system. The firm also reported that it maintained its group sales volume at $3.5 billion from 1996 to 1997 despite of the loss of Steinbergs in 1997. NATM was able to retain its group sales volume, inspite of the fall of unit prices through internal growth of its members and through expansions by Sun TV, Bernie's, R.C. Wiley, Cowboy Maloney/Electric City and Conn's.
Comment:
Adds brown-goods only retailer Video Only, which has 14 stores in the Pacific Northwest, into its system
Publication Name: Dealerscope Consumer Electronics Marketplace
Subject: Electronics and electrical industries
ISSN: 0888-4501
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
Zenith plans restructuring debt
Article Abstract:
Zenith Sales Company, which is rumored to be on the verge of collapse, revealed it is working on a major restructuring. However, according to company chief spokesman John Taylor, the details of the restructuring will be announced in the second quarter. The firm also assured its retailers of the true financial status of the firm through a letter from company President Bill Sims. Zenith said in the letter that it has full financing through Jun. 30, 1998, due to the backing given by its majority shaeholder LG Electronics.
Comment:
Is working on a major restructuring, but details will be revealed in the second quarter of 1998
Publication Name: Dealerscope Consumer Electronics Marketplace
Subject: Electronics and electrical industries
ISSN: 0888-4501
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
At Tweeter etc., nationwide growth for a digital world
Article Abstract:
Specialty consumer electronics chain Tweeter Etc has established its own retail niche by growing through acquisitions. Venture capital and public investor funding has helped the company acquire Bryn Mawr Stereo and Video, HiFi Buys, Home Entertainment and Dow Stereo/Video in the period from May 1996-Jul 1999. Tweeter is looking to have 20 more units and a distribution center by 2000.
Publication Name: Dealerscope Consumer Electronics Marketplace
Subject: Electronics and electrical industries
ISSN: 0888-4501
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Taiwan builds flat-panel industry on solid manufacturing base. Delta Electronics brings digital home closer to consumers
- Abstracts: Now try to explain network security. Will restructuring kickstart renewables? Financing electric power worldwide
- Abstracts: Why is Wall Street waiting? Distribution
- Abstracts: Dealerscope Consumer Electronic Marketplace's 1998 appliance retailing giants. Sharp focuses on DTV issues