Interesting facts from a Boston Globe article profiling a member of the Tweeter liquidation team, David “The Junkyard Dog” Spehar:
Tweeter, a MA mid to high-end electronics retailer, and not a misspelling of a popular microblogging service, decided yesterday to close its doors 6 days ahead of schedule, and send home everyone without paying them. Furthermore, customers who have already paid for the merchandise, expecting to be able to come by and pick it up, will have to deal with the liquidators. [BoingBoing Gadgets] (Thanks to Hawkins!) (Photo: dalvenjah)
Bankrupt high-end electronics retailer Tweeter is going away for good says the Boston Globe.
If you’re in the market for a Zune, you might want to check your local (closing) Tweeter store because they are experiencing a glut according to Reader Andrew, who sent in this photo.
Liquidation sales have not transformed consumer electronics chain Tweeter into a Shangri-La of discount electronics, much to our disappointment. No $50 HDTVs. No ‘buy one get one’ deals on iPods. Just 49 closing stores offering 10%-30% discounts. All sales final.
Tweeter is closing 49 locations, joining the ranks of stores capitulating to competition from Best Buy and Walmart. The restructuring will leave the consumer electronics retailer without a presence in California, Tennessee, Alabama, or New York. According to CEO Joe McGuire, surviving Tweeter locations will sport Consumer Electronics Playgrounds offering high-end home theaters.
“Since our Playground stores are clearly resonating with consumers and articulate our vision so well, we will continue to execute this concept in our remaining 97 traditional stores by taking what we have learned from our current Playground stores and rolling it into our existing fleet.”
Stores on the chopping block will immediately offer liquidation sales. The complete list of closures, inside.