Flanner’s Temporarily Shuts Doors in Milwaukee
Led by former PARA president John Flanner, the PRO Group member company closes its custom retail store while trying to renegotiate finances.
In a continuing sign of the strain on regional custom retailers, Flanner’s Home Entertainment in Brookfield, Wis. has temporarily shut the doors of its 26,000-square-foot custom retail store.
The family-owned store has been in business since 1891 and is run by former PARA president John Flanner. The company is a member of the very selective PRO Buying Group, which in recent years lost its most prominent member Tweeter Home Entertainment to bankruptcy.
According to an article in Milwaukee Journal Sentinel, Flanner says the temporary shut-down is due to financial problems, but the company is not out of business and has not declared bankruptcy.
The company’s website defaults to a message from John Flanner which says:
Like many businesses, we’ve faced some challenges from the recent economic downturn. We’re in the process of renegotiating our business and financing relationships to improve the company. This process has taken longer than expected, and we are no longer able to provide the experience or level of service we strive to provide. Therefore, we are temporarily pausing operations. We appreciate all of the support we’ve received as a local, family owned, independent business, and we intend to continue serving this community for years to come.
According to the article, Flanner’s attributes about one-quarter of the store’s $15 million in revenue to custom installation service. The business was started in 1891 by John Flanner’s great grandfather.
Jason has covered low-voltage electronics as an editor since 1990. He joined EH Publishing in 2000, and before that served as publisher and editor of Security Sales, a leading magazine for the security industry. He served as chairman of the Security Industry Association’s Education Committee from 2000-2004 and sat on the board of that association from 1998-2002. He is also a former board member of the Alarm Industry Research and Educational Foundation. He is currently a member of the CEDIA Education Action Team for Electronic Systems Business. Jason graduated from the University of Southern California. Have a suggestion or a topic you want to read more about? Email Jason at [email protected]
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