All Articles Tagged Specialty Electronics

Tom LeBlanc | 07/22 07:23 AM, 0 Comments

After his seven-store Washington, D.C. chain closed in early 2010, former MyerEmco CEO Jon Myer said “the future of every multi-store specialty retailer is extremely lean”. Myer added that “it’s not coming back.” But he is coming back. For “a tidy sum,” Myer bought MyerEmco’s brand, customer list and intellectual property. He’s launched a new company, MyerConnex, and hired eight former MyerEmco employees. “We’re booked out for eight weeks,” Myer tells CE Pro, confirming reports that he is back in business, adding that he’s looking to hire another installer and… View this story

Tom LeBlanc | 03/18 10:40 AM, 1 Comment

When MyerEmco announced it is shutting down it got people thinking about the future of the specialty electronics retail — a market in which regional retailers are struggling, downsizing and dropping like flies. A day after announcing his stores’ closings, here's how Jon Myer summed up the specialty market: “The future of every multi-store specialty retailer is extremely lean,” he said, adding that when Tweeter went under, it effectively meant the death of half of the multi-store specialty retail business in the country. “If you are a multi-store regional specialty… View this story

Tom LeBlanc | 02/19 11:42 AM, 0 Comments

It seems like every time an electronics retailer shutters, hhgregg opens a new slew of stores. Indianapolis-based hhgregg, which currently has 127 stores, says it will open five more and hire 240 positions while expanding into the Harrisburg and Wilkes-Barre, Pennsylvania markets. News of the electronics and appliance retailer’s expansion comes on the heels of MyerEmco announcing it's closing and Jon Myer telling CE Pro that the specialty electronics market isn’t coming back. “The future of every multi-store specialty retailer is extremely lean. If you are a multi-store regional specialty… View this story