Two years ago, while in Upstate NY visiting our dealers, I found myself stranded for a night in Troy, N.Y., as a result of car trouble.
A unique new showroom is the setting for experiential presentation of audio, video, and whole-home control.
All custom installers take heed. I have a dear friend who just moved into a new home. He wanted a flat panel, which needed to be wall-mounted. Sometimes it’s just easier with friends (no profit) to allow them to buy from a third party. In this case, I made arrangements for him to buy from a friend of mine at a wholesale price and everyone was happy. When it came time for the install, once again, I referred him to a third party. As we all know, some work is better done by others. The plasma is mounted (I let the installer sell the
This issue is dedicated to discovering exactly where our industry stands on the “green” subject. What are the manufacturers doing? What are the custom integrators/retailers doing? What do your customers really want? Do they even care? CustomRetailer’s key reporters have been looking into this for months, with some surprising results. In Los Angeles, where I live, I follow the housing market rather closely. A friend of mine, a “Realtor to the Stars” and other high-end clients, has told me the homes that are selling have various forms of “Green Initiatives” in place such as temperature, lighting, drapery control and reuse of groundscape water,
Pre-emptively trumping the Las Vegas-held presidential debate by precisely a week, 20 participants from the retailing, manufacturing, distributing, buying group and consultant arms of the CE industry offered wide-ranging and divergent views at the annual Consumer Technology Publishing Group’s (CTPG) Editorial Advisory Board roundtable discussion during last month’s CES. Hosted by the editors and publishers of CustomRetailer, Dealerscope, Picture Business and E-Gear, the forum touched on topics as free-wheeling as the “strange bedfellows” hardware-software company partnership trend, the analog-broadcasting cutoff issue, how to react to and cultivate the younger customer, and the move from the single-product sale to the solution sale. Marriages of Convenience?
The venerable East Coast electronics chain Harvey Electronics saw the close of an era last week, when it announced the closure of its flagship location on W. 45th Street in Manhattan. According to Information Week, the store will shut its doors Jan. 31, after 40 years. Harvey maintains a Manhattan location on 19th Street and Broadway, and also owns a Bang & Olufsen Store two blocks away, on 21st Street. The chain also operates stores in Connecticut, Long Island and New Jersey. The company has suffered of late, as a proposed merger with MyerEmco fell apart, leading it to file for Chapter
MyerEmco Audio Video announced Wednesday morning that it has elected to pull out of its agreement to be acquired by Harvey Electronics, and will continue to be independently operated. “I have enjoyed my interactions with the Harvey team and felt great about the transaction,” MyerEmco CEO Jon Myer said in a company statement. “However, MyerEmco AudioVideo has had great success for 52 years as an independent audio/video specialist, and Gary Yacoubian and our team are energized to move forward as such.” No specific reason has yet been given for the termination of the merger. The deal, in which New York-based Harvey was
Shortly after Harvey Electronics’ proposed acquisition of MyerEmco AudioVideo was announced, Harvey Interim CEO Martin McClanan spoke with CustomRetailer Editor-in-Chief Joe Paone about the deal and the combined entity’s plans: Why has this happened? What factors led to this merger? Is it a response to anything? Clearly, it’s management’s objective to get Harvey on the growth track and return to profitability, so we’re obviously doing the things we think we need to do to grow again organically. We’ve expended our marketing, we’ve improved our web presence, we’ve re-engaged in a more aggressive training program, we’ve been bringing in new products—all of those things
It’s been one heck of a week in the world of electronics retailing. Harvey Electronics and MyerEmco got engaged. Tweeter has been reduced to “Hey buddy, can you spare some change?” status. Over in big-box land, Circuit City, who’s been in need of some positive publicity lately to say the least, prevented a terrorist attack on Fort Dix, of all things. Perhaps consumers can buy some extended warranties from them just for the sake of giving them props. Let’s get back to the Harvey/MyerEmco and Tweeter stories, though. Each of these three companies has based an increasing amount of their business on professional custom installation services