Zenith bets the store on new TV; analysts question whether the company has time to reach its goal

Article Abstract:

Zenith Electronics Corp is spending so much time and money on development of high-definition television (HDTV) that industry analysts question whether the company will survive long enough to bring its research to fruition. Zenith is competing against Japanese, European and US manufacturers, trying to bring the first viable HDTV set to market. Zenith's consumer electronics division, producer of the second most popular televisions in the US, has not earned a profit since 1984. Zenith Data Systems, Zenith's computer division and a main source of income to the company, was recently sold to Groupe Bull for $496 million. Without a continuing source of income, it is questionable whether Zenith will be able to compete in the expensive HDTV research arena. Zenith will probably join forces with another company, through merger or by acquisition, to continue HDTV research efforts.

Product development, Consumer electronics, Industrial research, Television equipment industry, High-definition television, High definition television, Zenith Electronics Corp., ZE, Research and Development, Outlook

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Best Buy's new stores irk Japanese suppliers

Article Abstract:

Best Buy Company Inc irritates Japanese suppliers with Best Buy's Concept 2 retailing strategy. The Concept 2 idea involves self-service in a warehouse setting. A no-frills approach allows Best Buy to sell consumer electronics at near the wholesale price, but Best Buy's Japanese suppliers - Onkyo USA Corp and Mitsubishi Electronics America Inc - say the lower prices affect their products' stature. Legal issues revolve around price-fixing, which Best Buy claims its suppliers are guilty of in their reluctance to supply Best Buy with products in a warehouse environment. Best Buy maintains that its Concept 2 stores are not warehouses, but many in the industry are unable to make a distinction.

Computers, peripherals & software, United States, Management, Japan, Retail industry, Retail trade, Japanese foreign relations, United States foreign relations, Distribution, Best Buy Company Inc., Retailing, Mitsubishi Electronics America Inc., Onkyo U.S.A. Corp.

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Zenith Data Systems picks Olivetti official for top post

Article Abstract:

Enrico Pesatori is named president and CEO at Zenith Data Systems. Pesatori, who is 50, will assume his new responsibilities in Feb 1991. Previously, he was with Inc C. Olivetti & Co, where he spent 21 years. Zenith Data Systems was acquired by Groupe Bull SA, the French state-owned computer manufacturer, in 1989. Mr. Pesatori is also named to Groupe Bull's executive committee.

Electronic computers, Officials and employees, Computer industry, Appointments, resignations and dismissals, Chief executive officers, Olivetti S.p.A., Pesatori, Enrico, Zenith Data Systems Corp.

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