Tweeter hits a sour note
by Steven Kim 
posted Oct 17th 2008 at 11:11AM
You don't have to have a Nobel Prize in economics to know that the current state of the economy is bad news for sales of HT gear, but it would be doubly bad for a company that, say, was just trying to get business moving again after emerging from bankruptcy. Enter Tweeter, which only this past summer was retooling stores into "electronic playgrounds." The company's CEO has been replaced by a restructuring firm exec (aka axeman) who quickly got down to business by putting Tweeter operations into a "temporary transition period," and we've got a bad feeling that means the electronic playground just got a lot rougher.
Filed under: Industry
Reader Comments (Page 1 of 1)
CJ Guest @ Oct 17th 2008 5:11PM
Poor Tweeter... once a great regional shop offering good customer service, it tried the expand like Best Buy model, which may be their downfall. Want to see how it may go down? Look up Good Guys in the history books...