Supplement to
Transcription
Supplement to
C R e t p a o i T lers sE’ Supplement to... Sponsored by... November 2007 • Vol. 49 No.11 www.dealerscope.com In the warranty business, it’s good business to keep good company. That’s why we own Virginia Surety Company. Who’s backing your program? 312.356.2324 • thewarrantygroup.com Dealerscope Top 101 CE Retailers Supplement It’s not easy making it to the top – especially in retail. What is arguably the most exciting business in the world is, at the same time, one of the most challenging. To be singled out as a leader, is a very special honor. In contrast to other more singularly-focused disciplines, succeeding at retail requires a host of competencies. Add to that the variable of market economies, and it might seem that planning and implementation are at best, rolls of the dice. The leaders, however, always make it look easy, while other retailers know the real difficulty of getting it “just right.” Possessing a wide range of skill sets is just a starting point – branding, pricing, inventory management, compliance, marketing, hiring, training, service, infrastructure, accounting and advertising. These are the blocking and tackling parts of the game. The elite performers add finesse by adding incremental revenue streams and looking for expertise outside their organization, to broaden their market insight and mine new profit opportunities. Over 40 years ago, what is now The Warranty Group was founded on the premise that customers wanted to enjoy their purchases free of worry. They agreed. Now, with service plans covering everything from autos to homes to consumer electronics and appliances and credit card benefits, we have amassed a significant database of not only product data, but also market insight. Combined with the ability to leverage your business model by adding an additional revenue stream and potentially freeing up working capital, the opportunity to truly unleash the value of your balance sheet is measurable and immediate – and everyone wins. Being represented on the Top 101 list indicates excellence in retail disciplines and the ability to navigate a challenging marketplace. Next comes the challenge of maximizing your momentum and producing consistently improving results. For many of the top performers, service plans are already fulfilling that goal. If you’re not yet enjoying the benefits that a single sourced underwriting, administration and marketing organization can bring to your service plan program, now would be the perfect time to begin. By Laura Spinale CE’s Top Retailers T Despite some high-profile casualties last year, retailers increased overall sales. he 101 retailers listed in Dealerscope’s annual registry rang up $198.51 billion in sales during 2007, a 6 percent increase over 2006’s $187.21 billion tally. There was a bit more good news. Sales of consumer electronics—excluding videogames—increased 5 percent for the three months ending in November of 2007 from the same period in 2006, according to the NPD Group, a market researcher. But then came Black Friday, when America seemed to tighten its collective belt, according to the National Retail Federation. The average shopper spent only $348 that day, down from the $360 they coughed up on Black Friday 2006. On Cyber Monday, retailers across the Web slashed prices and started offering free shipping in order to lure shoppers. The Wall Street rollercoaster. The bursting of the housing bubble. The subprime mortgage mess. The question now is whether consumer consumption—the drive to buy that propels up to 70 percent of the U.S. economy—is on the downswing and, if so, how CE retailers will be affected. Trends are always in the works before someone bothers to label them as such. And some evidence suggests that anxiety had hit CE buyers before the holiday shopping season. Giants such as Best Buy and Wal-Mart posted gains during 2007. As the adage holds, the big keep getting bigger. In 2007, the Top 10 CE retailers rang up sales of about $137.27 billion, 6.48 percent over last year’s total. Together, these giants command 69 percent of the entire Dealerscope registry. But last year also marked the end of the road for formerly profi table retailers. CompUSA, for example, ended 2006 with 226 stores, closing half of them between March to May. In December, the chain was sold to the Gordon Brother Group restructuring and investment fi rm. That fi rm sold 16 CompUSA outlets to TigerDirect (which plans to run these stores under the CompUSA brand name, and re-brand its existing outlets to match). Gordon Brothers has announced its plans to shutter remaining CompUSA stores. Tweeter also tanked. After proving unable to compete when the big boxes slashed prices on fl at-panel TVs—the CE must-have of the 2006 holiday-shopping season—Tweeter’s sales began to drop. It fi led for Chapter 11, and in June was bought by Schultz Asset Management. More than 50 Tweeter stores have since closed, leaving about 103. In January, Schultz also closed the Tweeter Internet store. There was reason for concern at other chains, as well. Circuit City closed 69 stores in 2007 (including more than 60 of its The Source outlets in Canada), and posted fi ve straight quarterly losses. The company blamed its store overhaul plan as reason for the loss. Sears Holding Corp., the parent company of Sears and Kmart, faces similar challenges. Same-store sales fell 2.8 percent during the holiday shopping season at Sears and 4.2 percent at Kmart. The company announced plans for a corporate overhaul, dividing the company into fi ve units in an attempt to simplify operations. How corporate moves will play out in what’s likely to be a sketchy 2008 economy is anyone’s guess. We’ll keep you posted. Methodology Dealerscope researched virtually all large electronics retailers in North America—as well as hardware manufacturers selling direct to consumers—to come up with its 101 Club. Information on electronics sales, total sales and store counts was gleaned from readily available sources, including SEC fi lings, Hoovers listings, corporate press releases, corporate homepages, various electronic business databases, as well as the local press covering the businesses in question. Dealerscope contacted each retailer, giving it the opportunity to confi rm or contest initial fi gures. Many confi rmed sales estimates. Some privately held companies, however, refused to disclose sales information. Other companies, both public and private, could not or would not break out CE sales from their overall merchandise mixes. Finally, some companies did not return telephone calls. In these cases, Dealerscope published its best estimates. All sales listed are reported on a calendar year, rather than fiscal year, basis. When listing CE sales, we included electronics sales generated by companies’ corporate sales, as well as sales to governmental bodies and the educational arena. When listing overall sales, we have excluded club membership fees, revenues generated by the credit offerings at some chains and other revenues peripherally related to retail sales. Finally, again to the best of our ability, we have excluded sales to regions other than the United States and Canada. Store counts cover only those venues in the United States and Canada that actually sell consumer electronics. CE estimates include sales of pre-recorded media. All sales and store count information should be considered Dealerscope estimates. Dealerscope’s Top Rank 2007 Rank 2006 Retailer 101 CE Retailers CE Sales % CE Change Total Sales 2007 2006 ‘07 vs. ‘06 2007 2006 Sponsored by: No. of Stores 2007 2007 Company News 1 1 Dell 36.34 B 36.08 B 1 Dell Way Round Rock, Texas 78682 512-338-4400 www.dell.com CEO: Michael S. Dell Public, EO (MO/WEB) .72 36.34 B 36.08 B 1 1 Sales include the company’s Americas operations only. They exclude sales of subsidiary Alienware, which are covered elsewhere in this registry. Dell sales in foreign markets increased far more than domestic sales last year. 2 2 Best Buy 29.23 B 25.55 B 7601 Penn Ave. South Richfi eld, Minn. 55423 612-291-1000 www.bestbuy.com CEO: Bradbury H. Anderson Public, ATVM 14.4 33.22 B 29.37 B 917 812 Store counts and sales represent the company’s Best Buy United States operations only. Best Buy Canada and Magnolia are covered elsewhere in this registry. Most of the Best Buy stores opened in 2007 were more than 30 percent smaller than the standard format the company has used over the last 10 years. 3 3 Wal-Mart 24.25 B 22.83 B 702 SW Eighth St. Bentonville, Ariz. 72716 479-273-4000 www.wal-mart.com CEO: H. Lee Scott Jr. Public, MM 6.22 242.51 B 228.27 B 3407 3331 Sales and store counts include U.S. operations only. Store counts exclude Neighborhood Markets. Sam’s Clubs and Wal-Mart’s Canada operations are covered elsewhere in this registry. 4 4 Circuit City 11.25 B 9950 Maryland Dr. Richmond, Va. 23233 804-486-4000 www.circuitcity.com CEO: Philip J. Schoonover Public, EO (+WEB) -5.6 11.25 B 653 Circuit City seems to be struggling. Its comp store sales dropped 5.6 percent during its third fiscal quarter. A cost-cutting move in which the company fired thousands of experienced sales clerks, replacing them with lower-wage help, backfired when the newcomers failed to sell consumers high-margin products. Merchandise Codes: ATV-M Electronics/appliance stores (multi-regional) ATV-R Electronics/appliance stores (regional) EO Electronics only DG Drug store DS Department store HO MM PC PX SOF TOY WC 11.92 B Office supply store Mass merchant Computer retailer Military exchanges Software store Toy store Warehouse club 11.92 B 684 Channel Codes: Web Internet sales +Web Selling via Internet in addition to physical storefronts MO Mail-order/catalog sales +MO/Web Selling via mail-order and Internet, in addition to physical storefronts TV Television sales No channel code implies state via physical storefronts only. All are Dealerscope estimates. Sales estimates represent U.S. and Canada consumer sales. All store counts represent U.S. and Canada locations. See methodology note, opposite page. 5 Dealerscope’s Top Rank 2007 Rank 2006 101 CE Sales % CE Change Total Sales 2006 ‘07 vs. ‘06 2007 2006 2007 Retailer No. of Stores 2007 2007 CDW Corporation 7.41 B 300 N. Milwaukee Ave. Vernon Hills, Ill. 60061 847-465-6000 www.cdw.com CEO: John A. Edwardson Private, CS (MO/Web Only) 6.78 B 9.29 7.41 B 6.78 B 6 7 Target 7.16 B 1000 Nicollet Mall Minneapolis, Minn. 55403 612-304-6073 http://www.target.com CEO: Robert J. Ulrich Public, MM 6.5 B 10.15 62.26 B 56.55 B 1,591 1,494 CEO Robert Ulrich is retiring on May 1. He will be succeeded by Target president Gregg Steinhafel. 7 5 Staples 6.57 B 500 Staples Dr. Framingham, Mass. 01702 508-253-5000 www.staples.com CEO: Ronald L. Sargent Public, HO (+MO) 6.09 B 7.88 16.94 B 15.7 B 1,713 1,576 Store counts and sales fi gures listed here represent Staples’ North American Retail and North American Delivery operations only. Staples is moving onto Offi ce Depot’s turf. It plans to open two stores this summer near Offi ce Depot’s Delray Beach, Flor., headquarters. 8 10 GameStop 5.9 B 625 Westport Parkway Grapevine, Texas 76051 817-424-2000 www.gamestop.com CEO: R. Richard Fontaine Public, EO 4.39 B 34.4 5.9 B 4.39 B 4,285 4,066 GameStop sales for the 2007 November/December shopping season rose more than 35 percent over 2006’s tally. 9 15 Apple Computer 4.72 B Retail Stores 1 Infi nite Loop Cupertino, Calif. 95014 408-996-1010 www.apple.com CEO: Steven P. Jobs Public, EO 3.03 B 55.77 4.72 B 3.03 B 176 156 1. Dell 2. CDW 3. Amazon.com 4. Gateway 5. Systemax/Tiger Direct 6. Newegg.com 7. SonyStyle/Sony Retail Stores 8. Bose 9. Buy.com 10. QVC 11. HSN 12. Overstock.com 13. Crutchfield 14. Alienware 15. Ecost.com 16. Huppins HiFi/OneCall 17. Zipzoomfly.com 18. UBid.com N/A N/A Company News 5 6 Top Retailers: Online/Catalogue 6 CE Retailers CDW was acquired in October. Store counts and sales figures cover only Apple’s retail operations—and only in the United States and Canada. In January, Apple bowed the MacBook Air, billed as the world’s thinnest notebook computer. It is .16 inches at its thinnest point, .76 at its widest. Sponsored by: Rank 2007 Rank 2006 Retailer CE Sales % CE Change Total Sales 2007 2006 ‘07 vs. ‘06 2007 2006 10 12 Best Buy Canada 4.44B 3.53B 8800 Glenlyon Pkwy. Burnaby, British Columbia V5J 5K3, Canada 604-435-8223 www.bestbuy.ca CEO: Bradbury H. Anderson Public, ATVM 11 11 RadioShack 4.15 300 RadioShack Circle Fort Worth, Texas 76102 817-415-3011 www.radioshack.com CEO: Julian Day Public, EO 12 9 13 16 No. of Stores 2007 2007 Company News 25.8 5.05B 4.06B 182 168 Store counts and sales represent Best Buy Canada and Future Shop only. U.S. Best Buy and Magnolia stores are covered elsewhere in this registry. In 2007, Best Buy opened its fi rst Atlantic Canadian location, in Dartmouth, Nova Scotia. 4.78 -13.18 4.15 4.78 6,703 6,835 In November, RadioShack settled a class action suit with more than 4,000 current and former store managers who claimed they were due overtime pay. The settlement was close to $9 million. Amazon.com 3.88 B 1200 12th Ave. South, Suite 1200 Seattle, Wash. 98144 206-266-1000 www.amazon.com CEO: Jeffrey P. Bezos Public, DS (WEB Only) 2.8 B 38.56 8.09 B 5.87 N/A N/A Overall sales cover Amazon’s North American operations only. In January, the company announced that it will acquire Audible Inc., an online audio book company. Costco Wholesale 3.77 B Corporation 999 Lake Dr. Issaquah, Wash. 98027 425-313-8100 www.costco.com CEO: James D. Sinegal Public, WC 3.5 B 7.71 63.51 B 58.84 B 464 441 Overall sales include revenues from Costco’s warehouse clubs in the United States and Canada only. They exclude all membership fees and retail sales from United Kingdom, Korea, Taiwan, Japan and Mexico. Costco credits CE, along with food and pharmacy products, for its increasing sales. Top Retailers: National 1. Best Buy 2. Wal-Mart 3. Circuit City 4. Staples 5. Target 6. OfficeMax 7. GameStop 8. RadioShack 9. CompUSA 10. Apple Computer Retail Stores 11. Costco 12. Office Depot 13. Sam’s 14. Sears 15. Kmart 16. Army 17. Toys R Us 18. Tweeter 19. BJ’s 20. Ritz Camera 21. The Sharper Image 22. Walgreen 23. Big Lots 24. Rite Aid 25. Home Depot 26. Navy 27. Marine 28. 29. J.C. Penny 30. Federated Dept Stores 40. Kohl’s 7 Dealerscope’s Top Rank Rank Rank Rank 2007 2007 2006 2006 Retailer Retailer 101 CE Retailers CE % Total CE Sales Sales % CE CE Change Change Total Sales Sales 2007 2006 2006 2007 2006 ‘07 ‘07 vs. vs. ‘06 ‘06 2007 2007 2006 No. No. of of Stores Stores 2007 2007 2007 2007 Company Company News News 14 8 OfficeMax 3.51 B 263 Shuman Blvd. Naperville, Ill. 60563 630-438-7800 http://www.offi cemax.com CEO: Sam K. Duncan Type: Public, HO (+MO) 3.42 B 2.63 8.34 B 8.13 B 904 859 Figures here represent business and consumer sales in the United States and Canada. CE sales represent electronics sales to those market segments. The company has launched a remote technical-support program called ctrlcenter. It allows home offi ce workers and others 24/7 remote computer support. 15 14 Gateway 3.39 B 7565 Irvine Center Drive Irvine, Calif. 92618 949-471-7000 www.gateway.com CEO: Rudi Schmidleithner Public, EO (MO/WEB) 3.66 B -7.34 3.39 B 3.66 B N/A N/A Sales exclude Gateway operations in Japan, the UK, Mexico and France. The company was bought by Acer in October. 16 17 Office Depot 2.99 B 2200 Old Germantown Rd. Delray Beach, Fla. 33445 561-438-4800 www.offi cedepot.com CEO: Steve Odland Public, HO (+MO) 2.97 B 6.73 11.45 B 11.37 B 1,212 1,158 Overall sales and CE sales cover North American Retail and North American Business Solutions divisions in the US and Canada. In late November, the hedge fund Ziff Asset Management bought more than 17 million shares of Offi ce Depot. 17 18 Sam’s Club 2.77 B 608 SW 8th St. Bentonville, Ariz. 72712 479-277-7000 www.samsclub.com CEO: C. Douglas McMillon Public, WC 2.6 B 6.54 44.77 B 42.06 B 579 Store count and sales fi gures include Sam’s U.S. operations only. Canadian operations are covered in the Wal-Mart Canada section of this registry. Wal-Mart is greening Sam’s, opening new clubs with skylights, energy-effi cient lighting and cooling systems and other earthfriendly implementations. 586 Top Retailers: Regional and/or Independents 1. Best Buy Canada 2. Fry’s 3. Brandsmart USA 4. H.H. Greg 5. P.C. Richard and Son 6. Ultimate Electronics 7. Music and Computer World 8 8. B&H Photo 9. Car Toys 10. Abt Electronics 11. Conn’s 12. Nebraska Furniture Mart 13. Sixth Avenue Electronics 14. Electronics Expo 15. Abe’s of Main 16. Bernie’s 17. Vann’s 18. MyerEmco 19. Queen City Audio, Video and Appliances 20. Harvey Electronics 21. Cowboy Maloney’s Electric City 22. Howard’s Appliance and Big Screen Superstore 23. 24. Listen Up 25. Bjorn’s Audio Video Sponsored Sponsored by: by: Rank Rank Rank Rank 2007 2007 2006 2006 Retailer Retailer CE % Total CE Sales Sales % CE CE Change Change Total Sales Sales 2007 2006 2006 2007 2006 ‘07 ‘07 vs. vs. ‘06 ‘06 2007 2007 2006 No. No. of of Stores Stores 2007 2007 2007 2007 Company Company News News 18 19 Sears, Roebuck 2.72 B and Co. 3333 Beverly Rd. Hoffman Estates, Ill. 60179 847-286-2500 www.sears.com CEO: Aylwin B. Lewis Public, DS 2.8 -2.86 28.4 B 29.24 B 933 935 Sales represent Sears U.S. revenues only. Store count includes only Sears full-line stores. Kmart and Sears Canada are covered elsewhere in this registry. Sears Holding Corp. is attempting to spark a corporate turnaround in part by improving its online business. 19 13 CompUSA 2.5 B 14951 N. Dallas Pkwy. Dallas, Texas 75254 972-982-4000 www.compusa.com CEO: William S. Weinstein 4 B -37.5 2.5 B 4 B 103 229 After closing more than half its stores from March through May, CompUSA was sold in December to the Gordon Brothers Group restructuring and investment firm. Systemax has announced that it is buying about 16 CompUSA stores and other assets from Gordon Brothers: the rest of CompUSA stores are being shuttered. 20 20 Fry’s Electronics 600 E. Brokaw Rd. San Jose, Calif. 95122 408-487-4500 www.frys.com CEO: John Fry Private, ATVM 1.94 B 1.9 B 2.1 2.65 B 2.6 B 34 33 Fry’s 34th store opened in April in the Sacramento, Calif., area. Harkening to the town’s railroading history, it is designed and decorated with a train theme. 21 23 Systemax/ 1.83 B Tiger Direct 11 Harbor Park Drive Port Washington, N.Y. 11050 516-608-7000 www.tigerdirect.com CEO: Richard Leeds Public, EO 1.46 B 25.43 1.99 B 1.6 B 11 8 Figures here exclude sales from Systemax’s European division. The company announced in January that it is acquiring certain assets from CompUSA, including the CompUSA brand, trademark, Web commerce business and up to 16 CompUSA retail outlets. 22 22 PC Connection, Inc. 1.75 B 730 Milford Rd. Merrimack, N.H. 03054 603-683-2000 www.pcconnection.com CEO: Patricia Gallup Public, CS (MO/Web Only) 1.63 B 7.36 1.75 B 1.63 B N/A N/A Improvement in the small-and medium-sized business markets helped fuel PC Connection’s strong 2007. 23 25 Newegg.com 1.7 B 9997 E. Rose Hills Rd. Whittier, Calif. 90601 909-395-9046 www.newegg.com CEO: Fred Chang Type: Private, EO (Web only) 1.5 B 13.33 1.7 B 1.5 B N/A N/A In 2007, Newegg partnered with AT&T and added cell phones to its electronics mix. 9 Dealerscope’s Top Rank 2007 10 Rank 2006 Retailer 101 CE Retailers CE Sales % CE Change Total Sales 2006 ‘07 vs. ‘06 2007 2006 2007 No. of Stores 2007 2007 Company News 24 27 Toys R Us 1 Geoffrey Way Wayne, N.J. 07470 973-617-3500 www.toysrus.com CEO: Gerald L. Storch Private, TOYS 1.52 B 1.35 B 1.3 6.71 B 6.49 B 653 652 Overall sales include revenues from Toys R Us outlets in the United States and Canada only. They exclude sales from the company’s Babies R Us outlets, and all other revenues earned outside the United States and Canada. The company seems to be struggling: it reported a loss of $76 million for its third fiscal quarter, compared to a profit of roughly $41 million for the same period in 2006. 25 21 Trans World 1.31 B Entertainment 38 Corporate Circle Albany, N.Y. 12203 518-452-1242 www.twec.com CEO: Robert J. Higgins Public, EO (+ Web) 1.49 B -12.08 1.31 B 1.49 B 950 1121 Facing a 12 percent drop in comp store sales for the 2007 holiday season, CEO Robert Higgins is trying to buy the company, in effect taking it private. Trans World operates entertainment chains such as F.Y.E., Coconuts Music & Movies, Wherehouse Music and Movies, and others. 26 28 Micro Electronics/ 1.28 B Micro Center 4119 Leap Rd. Hilliard, Ohio 43026 614-850-3000 www.microcenter.com CEO: Richard Mershad Private, EO Private, EO 1.2 B 6.66 1.28 B 1.2 B 21 19 Micro Center opened new stores in Paterson, N.J., and in Rockville, Md. 27 26 Army Air Force 1.27 B 1.23 B Exchange Service 3911 S. Walton Walker Blvd. Dallas, Texas 75236 214-312-2011 www.aafes.com CEO: Brigadier General Keith L. Thurgood Public, PX (+MO) 3.25 9.2 B 8.92 B 160 147 The Army Air Force Exchange Service (AAFES) is embarking on a $1 billion capital improvement program to upgrade its stores. Store count covers AAFES fullline stores only. 28 29 PC Mall, Inc. 2555 W. 190th St., Suite 201 Torrance, Calif. 90504 310-354-5600 www.pcmall.com CEO: Frank F. Khulusi Public, PC (+MO) 14 1.14 B 1 B 3 3 PC Mall, in August, bought Sarcom, a Columbus, Ohioarea information technology company with reported annual revenues of roughly $250 million. 1.14 1 Sponsored by: Rank 2007 Rank 2006 Retailer CE Sales % CE Change Total Sales 2006 ‘07 vs. ‘06 2007 2006 2007 29 24 Kmart Corporation 943.9 M 3333 Beverly Rd. Hoffman Estates, Ill. 60179 847-286-2500 www.kmart.com CEO: Aylwin B. Lewis Public, MM 30 34 SonyStyle/ Sony Retail Stores 550 Madison Avenue New York, N.Y. 10022 212-833-6800 www.sonystyle.com CEO: Howard Stringer Public, EO No. of Stores 2007 2007 1,388 Sales and store counts represent U.S. Kmart revenues only. Sears and Sears Canada are covered elsewhere in this registry. Kmart parent Sears Holding seems to be struggling. In its fiscal third quarter, it reported earnings of only $2 million, compared to the $196 million it earned over the same period a year before. 57 50 SonyStyle is selling the Sony Bravia VPL-VW40 front projector. The machine projects sharp TV images of up to 25 diagonal feet. 1 B 8 8 Bransdmart USA operates eight stores in the South Florida and greater Atlanta areas. 1.05 85 74 The company went public in the summer. 679.43 M 577.03 M N/A N/A Zones attributes its sales increase to upped sales to small- and midsized businesses. While this direct marketer does sell to consumers, the vast majority of its sales are made to business and public sector accounts. 49 P.C. Richard opened its fi rst Staten Island store in the fall. 1 B -5.61 17.67 B 18.72 B 1,394 820 M 725 M 13.1 820 M 725 M 31 31 Brandsmart USA 715 M 3200 SW 42nd St. Hollywood, Fla. 33312 954-797-4000 www.brandsmartusa.com CEO: Michael Perlman Private, ATVM 650 M 10 1.1 B 32 35 hhgregg 683.7 M 4151 E 96th St. Indianapolis, Ind. 46240-1442 317-848-8710 www.hhgregg.com CEO: Jerry Throgmartin Public, ATVM 630 M 8.49 1.29 B 33 36 Zones, Inc. 679.43 M577.03 M 17.75 1102 15th St. SW, Suite 102 Auburn, Wash. 98001 253-205-3000 www.zones.com CEO: Firoz H. Lalji Public, CS (+MO) 34 38 P.C. Richard & Son 655 M 150 Price Pkwy. Farmingdale, N.Y. 11735 631-843-4300 CEO: Gary Richard Private, ATVM 600 M 9.12 Company News 1.28 B 1.2 B 50 11 Dealerscope’s Top Rank 2007 12 Rank 2006 Retailer 101 CE Retailers CE Sales % CE Change Total Sales 2007 2006 ‘07 vs. ‘06 2007 2006 No. of Stores 2007 2007 Company News 35 32 BJ’s Wholesale Club 622 M One Mercer Rd. Natick, Mass. 01760 508-651-7400 www.bjswholesale.com CEO: Herbert J. Zarkin Public, WC 576 M 7.99 8.89 8.23 176 171 BJ’s new clubs are located in its New England home base. 36 33 InterTAN 591.2 M Canada Ltd./ The Source by Circuit City 279 Bayview Drive Barrie, Ontario L4M 4W5, Canada 705-728-1617 www.thesourcecc.com CEO: Steven Pappas Public, EO (+Web) 576 M 2.64 591.2 M 576 M 788 955 Circuit City closed a plethora of Canadian stores this year, and Brian Levy, CEO of InterTAN Canada/The Source by Circuit City since 2004, resigned in May. 37 40 Ritz Camera Centers 580 M 6711 Ritz Way Beltsville, Md. 20705 301-419-0000 www.ritzpix.com CEO: David M. Ritz Private, CAM 515 M 12.62 1.18 1.15 1,000 1,050 Ritz Camera Centers stores operate under the names Ritz Camera, Kits Camera, The Camera Shop and Inkley’s. 38 30 Tweeter Newco LLC 520 M 40 Pequot Way Canton, Mass. 02021 781-830-3000 www.tweeeter.com CEO: George Granoff Private, EO (No Web) 743 M -30.13 520 M 743 M 97 154 Tweeter fi led for bankruptcy in June, and has since been bought by the hedge fund asset management company Schultz Asset Management. 39 37 Bose 473 M The Mountain Framingham, Mass. 01701 508-879-7330 www.bose.com CEO: Amar G. Bose Private, EO 450 M 5.11 2 B 1.9 B 123 118 In September, Bose bowed speakers designed for better sound quality from desktop computers. 40 53 Car Toys Inc. 20 W. Galer St. Seattle, Wash. 98119 206-443-0980 www.cartoys.com CEO: Daniel Brettler Private, EO 403 M 2.23 412 M 403 M 430 431 Car Toys sells automotive CE through 49 stand-alone locations. It sells wireless telephones and services through its Wireless Advocates subsidiary, which has kiosks at 381 Costco warehouse clubs. Through a partnership with the Massachusetts- based Second Rotation Inc., Car Toys is helping consumers sell their old consumer electronics. Computer programs running at Car Toys stores tell clerks exactly what Second Rotation will pay Car Toys consumers for their old gear. 412 M Sponsored by: Rank 2007 Rank 2006 Retailer CE Sales % CE Change Total Sales 2007 2006 ‘07 vs. ‘06 2007 2006 No. of Stores 2007 2007 Company News 41 51 B&H Photo Video 400 M 420 9th Avenue New York, N.Y. 10001 212-444-6615 www.bhphotovideo.com CEO: Herman Schreiber Private, CAM (+MO) 382 M 4.71 400 M 382 M 1 1 B&H has announced plans for a $50 million warehouse to be constructed in the Brooklyn Navy Yards. The warehouse is home for the stock that B&H sells through its worldrenowned Web business. 42 42 Buy.com 399.2 M 85 Enterprise, Suite 100 Aliso Viejo, Calif. 92656 949-389-2000 www.buy.com CEO: Neel Grover Private, DS (Web Only) 400 M -2 461.5 M 462 M N/A N/A In August, Buy.com bowed a service called Garage Sale. It allows Buy. com customers to sell goods, typically used stuff from around the house, via their Facebook pages. Buy. com collects the cash for their customers, keeping a 5 percent commission. 43 52 Sears Canada 383.6 M 366.1 M 222 Jarvis St. Toronto, Ontario M5B 2B8, Canada 416-362-1711 www.sears.ca CEO: Dene L. Rogers Public, DS 4.78 5.48 B 5.23 B 123 123 Sears Canada has sold its Jarvis Street building and is the process of moving its headquarters a few blocks away, to Toronto’s Yonge Street. 44 44 Liberty Media/QVC 366 M 1200 Wilson Dr. West Chester, Pa. 19380 484-701-1000 www.qvc.com CEO: Michael George DS 350 M 4.57 5.21 B 4.98 B 7 7 Sales fi gures exclude QVC’s international operations. QVC, which until recently owned 25 percent of IAC/Interactive Corp (the parent of rival HSN), recently boosted its ownership share to 30 percent. Talk of acquisition or merger is in the air. 45 39 ABC Warehouse 360 M 1 Silverdome Industrial Park Pontiac, Mich. 48343 248-335-4222 www.abcwarehouse.com CEO: Gordon Hartunian Private, ATVM 350 M 2.86 550 M 535 M 60 58 ABC Warehouse operates stores in Michigan, Indiana and Ohio, under the names ABC Warehouse, Hawthorne Home Appliance and Mickey Shorr Mobile Electronics. 46 45 Ultimate Acquisition 355 M Partners/Ultimate Electronics 321 W. 84th Ave., Suite A Thornton, Colo. 80260 303-412-2500 www.ultimateelectronics.com CEO: Mark J. Wattle Private, ATVM 350 M 1.43 355 M 350 M 32 32 In late 2007, Ultimate began selling majap in its two Oklahoma City stores. 13 Dealerscope’s Top Rank 2007 14 Rank 2006 Retailer 101 CE Retailers CE Sales % CE Change Total Sales 2006 ‘07 vs. ‘06 2007 2006 2007 No. of Stores 2007 2007 Company News 47 47 J & R Music and Computer World 23 Park Row New York, N.Y. 10038 212-238-9000 www.jr.com CEOs: Joseph Friedman Rachelle Friedman Private, ATVM (+MO) 337 M 332 M 1.45 360 M 345 M 2 1 J&R operates out of a complex on Manhattan’s Park Row, and as a store-within-a-store at Macy’s Herald Square. In 2007, it expanded its three-level camera store in the Park Row complex. 48 41 The Kroger Co./ 315 M Fred Meyer 1014 Vine St. Cincinnati, Ohio 45202 513-762-4000 www.kroger.com CEO: David B. Dillon Public, MM (No Web) 300 M 5 77.43 B 62.12 B 128 128 The Kroger grocery chain sells CE only through its Fred Meyer arm, and only Fred Meyer outlets are included in the store count. In addition to CE, Fred Meyer supercenters sell everything from clothing to fuel. 49 59 Alienware Corporation 14591 SW 120th St. Miami, Fla. 33186 305-251-9797 www.alienware.com CEO: Nelson Gonzalez Public, CS 280 M 2.5 287 M 280 M 1 1 Alienware, often considered the PC maker of choice for the gamer, in 2007 bowed the MJ-12 8550i Workstation, a super fast computer for the non-game world. 50 43 The Sharper Image 286.27 M389.02 M -26.41 350 The Embarcadero 6th Floor San Francisco, Calif. 94105 415-445-6000 www.sharperimage.com CEO: Steven Lightman Type: Public, ATVM (+MO) 381.7 M 518.7 M 186 194 New CEO Steven Lightman previously served as president of Crosstown, Traders and as an executive with Fingerhut. 51 69 6th Avenue Electronics262 M 22 Route 22 Springfi eld, N.J. 07081 973-467-3905 www.6ave.com CEO: Mike Temiz Private, EO 29.7 262 M 202 M 12 10 The company’s new stores are located in Brick, N.J. and in Commack, Long Island. 52 N/A Wal-Mart 260.46 M206.12 M 26.36 Canada Corp. 1940 Argentia Rd. Mississauga, Ontario L5N 1P9, Canada 905-821-2111 www.walmartcanada.ca CEO: David Cheesewright Type: Public, MM/WC 2.78 B 2.2 B 298 289 Sales and store counts cover Wal- Mart and Sam’s operation in Canada. Wal-Mart Canada Corp. CEO Mario Pilozzi retired early in 2008. He is succeeded by David Cheesewright, whose previous position was as COO of Wal-Mart’s British grocery chain, the ASDA Group. 287 M 202 M Sponsored by: Rank 2007 Rank 2006 Retailer CE Sales % CE Change Total Sales 2006 ‘07 vs. ‘06 2007 2006 2007 No. of Stores 2007 2007 Company News 53 55 Beach Trading 255 M Company/ Beach Camera and Electronics 80 Carter Drive Edison, N.J. 08817 732-623-4650 www.beachcamera.com CEO: Raymond Mosseri Private, CAM (+MO) 240 M 6.25 255 M 240 M 1 1 The company operates through mail-order catalogs, the Internet and a single 7,000-foot showroom. 54 46 IAC/InterActiveCorp 254 M - HSN 1 HSN Drive St. Petersburg, Fla. 33729 727-872-1000 www.hsn.com CEO: Mindy F. Grossman Type: DS 250 M 1.6 2.44 B 2.4 B 3 3 Parent IAC has announced its plans to spin off HSN, along with four other companies now operating under the IAC umbrella. 55 54 American TV & 253.01 M 245 M Appliance 2404 W. Beltline Hwy. Madison, Wis. 53713 608-271-1000 www.americantv.com CEO: Douglas G. Reuhl Private, ATVM 3.27 486.34 M 463 M 15 15 American TV purchased the fourstore, Wisconsin-based Kennedy-Hahn Appliance. American thenclosed those outlets, incorporating the products sold in Kennedy-Hahn showrooms into existing American stores. 56 50 Game Crazy 250 M 208.82 M 19.72 900 W. Main St. Dothan, Ala. 36301 334-677-2108 www.gamecrazy.com CEO: Joe Thomas Malugen Public, EO (No Web) 250 M 208.82 M 609 651 Game Crazy is a division of Movie Gallery Inc. It serves up 14 freestanding stores. The rest of its outlets sits within Movie Gallery’s Hollywood Video outlets. Sales fi gures represent Game Crazy sales only. Parent Movie Gallery in October declared bankruptcy. It has been de-listed by NASDAQ, and closed more than 500 stores, although few of those closed had housed Game Crazy outlets. 57 58 Abt Electronics, Inc. 237 M 1200 N. Milwaukee Ave. Glenview, Ill. 60025 847-967-8830 www.abt.com CEO: Robert J. Abt Private, ATV1 221 M 7.24 300 M 58 48 Overstock.com 236.8 M 6350 S. 3000 East Salt Lake City, Utah 84121 801-947-3100 www.overstock.com CEO: Patrick M. Byrne Public, CO (Web only) 250 M -5.28 281 M 1 746.54 M 788.15 M N/A 1 N/A Abt re-launched its Web site in May to include video and more images of products sold. Overstock sells closeout merchandise in categories including CE, clothing, housewares, books and vacations. 15 Dealerscope’s Top Rank 2007 16 Rank 2006 Retailer 101 CE Retailers CE Sales % CE Change Total Sales 2007 2006 ‘07 vs. ‘06 2007 2006 No. of Stores 2007 2007 59 61 Walgreen Co. 200 Wilmot Road Deerfi eld, Ill. 60015 847-914-2500 CEO: Jeffrey A. Rein Public, DG 233 M 205 M 13.66 55.49 B 49.84 B 6,148 60 74 Adir International 217 M Export Ltd./La Curacao 1650 W. Olympic Blvd. Los Angeles, Calif. 90015 213-386-4412 www.lacuracao.com CEO: Ron Azarkman Type: Private, DS 150 M 44.66 506 M 350 M 61 63 Big Lots, Inc. 215 M 300 Phillipi Rd. Columbus, Ohio 43228 614-278-6800 www.biglots.com CEO: Steven S. Fishman Public, CO 212 M 1.41 4.81 B 4.74 B 62 60 Conn’s 213.61 M 196.29 M 3295 College St. Beaumont, Texas 77701 409-832-1696 www.conns.com CEO: Thomas J. Frank Sr. Public, ATVM 63 66 Nebraska Furniture Mart 700 S. 72nd St. Omaha, Neb. 68114 402-397-6100 www.nfm.com CEO: Irvin Blumkin Public, HF 208 M 200 M 4 950 M 64 62 Meijer Inc. 195 M 2929 Walker Ave. NW Grand Rapids, Mich. 49544 616-453-6711 www.meijer.com CEO: Hendrik G. Meijer Private, DG 190 M 2.63 65 65 R.C. Willey Home 190 M Furnishings 2301 S. 300 West Salt Lake City, Utah 84115 801-461-3900 www.rcwilley.com CEO: William H. Child Public, HF 180 M 5.55 8.82 Company News 5,586 Walgreen’s has bought 20 drug stores in Puerto Rico from Farmacias El Amal, a family-owned chain based on that island. 10 6 Among the chain’s openings is a store in Phoenix, Ariz. This is La Curacao’s foray out of California. The chain hopes to open a second Arizona store this year. 1,368 1,375 Big lots has embarked on a $190 million improvement plan, remodeling stores, improving merchandise selections and upgrading its cash registers. 65 60 The company has announced it plans to open 11 new stores by the end of July. 921 M 3 3 In October, the company’s fl agship Omaha store bowed a $15 million renovation to its appliance and CE departments. As a result, the store now stocks about 200 television models, and boasts its own Apple, Sony and Bose stores-within-astore. 14.3 B 13.9 B 181 176 Meijer sells a mix of groceries and general merchandise from stores (averaging 40 departments each) located in Michigan, Illinois, Indiana, Kentucky, and Ohio. 794 M 750 M 13 13 R. C. Willey celebrated its 75th anniversary in 2007. In 1995, the company was purchased by Berkshire-Hathaway. 673.39 M 619.21 M Sponsored by: Rank 2007 Rank 2006 Retailer CE Sales % CE Change Total Sales 2007 2006 ‘07 vs. ‘06 2007 2006 66 49 REX Stores 189.11 M 223.2 M -15.27 317.83 M Corporation 2875 Needmore Road Dayton, Ohio 45414 937-276-3931 www.rexstores.com CEO: Stuart A. Rose Public, ATVM (No Web) 349.3 M 67 67 ValueVision Media/ 175 M ShopNBC 6740 Shady Oak Rd. Eden Prairie, Minn. 55344 952-943-6000 www.valuevisionmedia.com CEO: John D. Buck Public, DS (TV, We only) 170 M 2.94 68 68 Video Only 500 Strander Blvd. Seattle, Wash. 98188 (206) 444-1655 www.videoonly.com CEO: Peter Edwards Private, EO (No Web) 162 M 157 M 3.18 162 M 157 M 69 57 ShopKo Stores Inc. 153 M 700 Pilgrim Way Green Bay, Wis. 54304 920-429-2211 www.shopko.com President: Michael McDonald Private, DS (No Web) 150 M 2 2.25 B 70 N/A Accoona 135 M 101 Hudson Street, Suite 3501 Jersey City, N.J. 07302 201-557-9388 www.accoona.com CEO: Valentine J. Zammit Private, EO (Web only) 134 M .75 71 70 Cambridge 132 M 130 M SoundWorks, Inc. 120 Water St. Andover, Mass. 01845 978-623-4400 www.cambridgesoundworks.com General Manager: Robert S. Mainiero Type: Public, EO 1.54 No. of Stores 2007 2007 Company News 124 164 In January, REX announced the closure of two additional stores, located in Gulfport, Miss., and Paducah, Ky. 783.87 M 765.85 M N/A N/A ShopNBC has upgraded its Web site to feature a live broadcast of its television programs and ondemand access to past shows. 14 14 The company owns stores in Washington, Oregon and California. 2.2 B 132 132 In May, ShopKo broke ground on its fi rst new full-line store in six years. The store will be located in Green Bay, Wis. 150 M 149.2 M N/A N/A Accoona is the parent company of the Accoona search engine, and of e-tailers such as butterfl yphoto.com, BestBuyPlasma.com and Digitaletailer. com. 132 M 130 M 1 2 Cambridge SoundWorks operates a single retail showroom outside of Boston. The majority of its sales come from the Web. The company designs, manufactures and sells high-performance speaker systems. 17 Dealerscope’s Top Rank 2007 18 Rank 2006 Retailer 101 CE Retailers CE Sales % CE Change Total Sales 2006 ‘07 vs. ‘06 2007 2006 2007 No. of Stores 2007 2007 2,027 Store counts and sales exclude revenues from the company’s China and Mexico operations. Facing a beyond-sluggish housing market, Home Depot in 2007 sold off its construction-supply business. 72 71 The Home Depot 129 M 2455 Paces Ferry Road NW Atlanta, Ga. 30339 770-433-8211 www.homedepot.com CEO: Francis S. Blake Public, HIC 130 M -7.69 84.59 B 73 N/A Magnolia 115 M 6305 S. 231st Street Kent, Wash. 98032 253-372-4434 www.magnoliaav.com CEO: Bradbury H. Anderson Public, EO 156 M -26.28 115 M 156 M 13 20 Sales fi gures include a small allowance for furniture. Parent Best Buy and Best Buy Canada are covered elsewhere in this registry. 74 83 Petters Group 113 M World Wide/ SoundWorks, Inc. Fingerhut Direct Marketing Inc. 7777 Golden Triangle Dr. Eden Prairie, Minn. 55344 952-656-3700 www.fi ngerhut.com CEO: Thomas J. Petters Private, (MO/Web Only) 100 M 13 2.6 B 2.4 B N/A N/A In addition to CE, Fingerhut’s catalog mix includes clothes, health and beauty products, home furnishing, kitchenware and a host of other items. 75 77 Boscov’s Department 106 M Store 4500 Perkiomen Ave. Reading, Pa. 19606 610-779-2000 www.boscovs.com CEO: Kenneth S. Lakin Private, DS 87 M 21.83 1.3 B 1.1 B 50 50 Boscov’s operates department stores in Pennsylvania, New York, New Jersey, Maryland, Delaware and Virginia. 76 81 Navy Exchange 103 M 100 M Service Command 3280 Virginia Beach Blvd. Virginia Beach, Va. 23452 757-463-6200 www.navy-nex.com CEO: Rear Admiral Robert J. Bianchi Public, PX 3 2.5 B 2.42 B 17 17 The Exchange serves active, retired and reserve personnel. Store counts include only mainline outlets. 77 79 Harmony Computers 103 M and Electronics 1801 Flatbush Ave. Brooklyn, N.Y. 11210 718-692-2828 www.shopharmony.com CEO: Nate King Private, EO 3 105 M 102 M 1 1 This Brooklyn institution sells CE goods sprinkled with a selection of housewares and marine/outdoor goods. 100 M 84.97 B 2,148 Company News Sponsored by: Rank 2007 Rank 2006 Retailer CE Sales % CE Change Total Sales 2006 ‘07 vs. ‘06 2007 2006 2007 78 76 Electronics Expo 99 M 38 Fairfi eld Pl. Caldwell, N.J. 07006 973-808-8838 www.electronics-expo.com CEO: Leon Temiz A TVM (+Web) 79 72 92 M No. of Stores 2007 2007 Company News 7.6 99 M 92 M 7 6 All Electronics Expo’s bricksandmortar stores sit in New Jersey. The company’s signature “WOW” room shows off startto-fi nish home entertainment room packages. eCOST.com 97.05 M 95.76 M 500 N. Central Expressway Plano, Texas 75074 972-881-2900 www.ecost.com CEO: Adam W. Shaffer Public, EO (Web only) 1.35 97.05 M 95.76 M N/A N/A eCost reported that its Black Friday sales increased 105 percent over the same day’s shopping in 2006. HDTV and portable GPS systems proved particularly popular. 80 73 PC Club 96 M 18537 E. Gale Ave. City of Industry, Calif. 91748 626-839-8080 www.pcclub.com CEO: Jeff Lan Private, CS 100 M -4.16 96 M 100 M 37 40 The company operates in Arizona, California, Nevada, New Mexico, Oklahoma, Oregon, Utah and Washington state. 81 N/A Datavision 445 5th Avenue New York, N.Y. 10016 212-689-1111 CEO: James Garson Private, EO 94 M 92 M 2.17 94 M 92 M 1 1 Datavision does a booming Web business, and also operates out of a three-story, 35,000-squarefoot store on Manhattan’s Fifth Avenue. Its third fl oor is devoted to vignettes showing off home theater offerings. 82 N/A Ritz Interactive 94 M 2010 Main St., Ste. 400 Irvine, Calif. 92614 949-442-0202 www.ritzcamera.com CEO: Fred H. Lerner Type: Private, DS (Web Only) 84 M 11.9 111 M 99 M N/A N/A Ritz Interactive sells CE and a plethora of other products through sites such as RitzCamera.com, WolfCamera,.com, Boatersworld.com and Eangler. com. 83 75 Huppin’s Hi-Fi Photo 86 M & Video Inc./OneCall 421 W. Main St. Spokane, Wash. 99201 509-838-1018 www.onecall.com CEO: Murray Huppin Private, EO 86 M N/A 86 86 1 1 Huppin’s started e-tailing in 1994. Today, most of its sales come from its OneCall site. 84 84 Abe’s of Maine 85 M 5 Fernwood Ave. Edison, N.J. 08837 800-992-2237 www.abesofmaine.com CEO: Abe Mosseri Private, ATV-1 85 M N/A 95 M 95 M 1 1 While Abe’s began life as a camera store in Maine, it has since moved to New Jersey and upped its merchandise mix to include everything from computers to MajAp and DJ equipment. 19 Dealerscope’s Top Rank 2007 20 Rank 2006 Retailer 101 CE Retailers CE Sales % CE Change Total Sales 2007 2006 ‘07 vs. ‘06 2007 2006 No. of Stores 2007 2007 Company News 85 82 Marine Corps 78 M Community Services/ Marine Corps Exchange 3044 Catlin Ave. Quantico, Va. 22134 703-784-9501 www.usmc-mccs.org CEO: Michael P. Downs Public, PX 70 M 11.43 800 M 717 M 17 17 Store count includes full-line exchanges only. The Exchange alsoruns restaurants, golf courses andother venues of interest to Marine personnel. 86 78 Comp-U-Plus 20 Robert Pitt Dr. Monsey, N.Y. 10952 845-352-0266 www.compuplus.com CEO: Adam Reich Private, CS (Web Only) 72 M 75 M -4 72 M 75 M N/A N/A Comp-U-Plus is a direct marketer that has been selling over the Web for roughly 15 years. Included in the sales fi gures above are small allotments for non-CE items including household goods. 87 80 Audio Express 67 M 15490 N. 83rd. Way Scottsdale, Ariz. 85260 480-966-3100 www.audioexpress.com CEO: Ed Santacruz Private, EO 65 M 3.08 67 M 65 M 43 43 The company specializes in highend custom car audio installations. It operates under the names Audio Express, Quality Audio Sound and Mobile One 88 91 Vann’s Inc. 65 M 3623 Brooks St. Missoula, Mont. 59801 406-728-5099 www.vanns.com CEO: George Manlove ATVM 40 M 62.5 100 M 66 M 7 6 Vann’s is Montana’s largest independent CE/majap retailer. All its brick-and-mortar stores sit in that state. The company also enjoys a thriving Internet business. 89 N/A CyberPower 62.6 M 4802 Little John St. Baldwin Park, Calif. 91706 626-813-7730 www.cyberpowerpc.com CEO: Stanley Ho Private, CS (Web Only) 62 M .97 62.6 M 62 M N/A N/A CyberPower manufactures and sells custom PCs. 90 85 Bernie’s Audio Video 59 M TV Appliance Co., Inc. 1559 King St. Enfi eld, Conn. 06082 860-741-1200 www.bernies.com CEO: Milton Rosenberg Private, ATVM (No Web) 54 M 9.26 124 M 120 M 14 14 The chain celebrated its 60th anniversary in 2007. 91 N/A Big Screen Store 59 M Four Reservoir Cile, Suite 100 Baltimore, Md. 21208 410-321-8900 www.thebigscreenstore.com CEO: Kevin Luskin Private, EO 57 M 3.51 60 M 58 M 14 14 The Big Screen Store sells highend home-theater from stores based in Maryland and Virginia. Sponsored by: Rank 2007 Rank 2006 Retailer CE Sales % CE Change Total Sales 2007 2006 ‘07 vs. ‘06 2007 2006 No. of Stores 2007 2007 Company News 92 100 Kohl’s Corporation 54 M N56 W17000 Ridgewood Dr. Menomonee Falls, Wis. 53051 262-703-7000 www.kohls.com CEO: R. Lawrence Montgomery Public, DS 50 M 8 16.69 15.23 929 817 93 N/A Adorama Camera 52 M 42 West 18th Street New York, N.Y. 10011 212-741-0052 www.adorama.com CEO: Mendel Mendlowitz Type: Private, EO 48 M 8.33 52 M 48 M 1 1 94 89 J. C. Penney 51.44 M Corporation 6501 Legacy Dr. Plano, Texas 75024 972-431-1000 www.jcpenney.com CEO: Myron E. Ullman III Public, DS (+MO) 50 M 2.88 19.73 B 95 N/A Ken Crane’s Big 52 M Screen Headquarters 4900 W. 147th Street Hawthorne, Calif. 90250 310-973-7373 www.kencrane.com CEO: Casey Crane Private, EO 51 M 1.96 52 M 51 M 10 9 Ken Crane’s sells high-end home video and other CE products through 10 locations in Southern California. 96 92 MyerEmco AudioVideo42 M 209 Edison Park Drive Gaithersburg, Md. 20878 301-921-0700 www.myer-emco.com CEO: Jon Myer President: Gary Yacoubian Private, EO 40 M 5 42 M 40 M 10 10 Harvey Electronics tried to take over MyerEmco in the summer, but talks broke off after Harvey failed to raise the necessary capital. 97 94 W.S. Badcock 40 M 200 N. Phosphate Blvd. Mulberry, Flor. 33860 863-425-4921 www.badcock.com CEO: Donald C. Marks Private, HF (No Web) 37 M 5.66 545 M 530 M 330 330 The company in 2007 closed its bedding-manufacturing facility. 19.19 B 1,067 1,033 Kohl’s has unveiled a plan to grow to 1,400 stores nationwide by 2012. While Adorama focuses on selling cameras to both the hobbyist and the pro, it does also serve up an array of other CE products (MP3 players, printers, etc.) from its Manhattan megastore and its Web site. The majority of Penney’s CE sales comes from its catalog division. 21 Dealerscope’s Top Rank 2007 22 Rank 2006 Retailer 101 CE Retailers Sponsored by: CE Sales % CE Change Total Sales 2007 2006 ‘07 vs. ‘06 2007 2006 No. of Stores 2007 2007 Company News 98 86 Xtraplus Corporation/ 40 M Zipzoomfl y.com 38929 Cherry St. Newark, Calif. 94560 510-739-1890 www.zipzoomfl y.com CEO: Mei Chan Private, EO (Web Only) 35 M 14.28 40 M 35 M N/A N/A ZipZoomFly has reported that roughly 30 percent of its customers are return buyers. 99 93 Queen City Audio, 37.5 M Video & Appliances 2430 I-85 S. Charlotte, N.C. 28208 704-391-6000 www.queencitytv.com CEO: Chip Player Private, ATVM 30 M 25 40 M 33 M 15 12 Queen City is the largest independent electronics/appliance store in the Carolinas. In order to draw more customers into its stores, the chain this year upped its television advertising campaign. 100 87 uBid.com 37 M 8725 W. Higgins Rd., Suite 900 Chicago, Ill. 60631 773-272-5000 www.ubid.com CEO: Jeffrey D. Hoffman Public, CO (Web Only) 60 M -38.33 41 M 66.56 M N/A N/A New CEO Jeffrey Hoffman hopes to raise uBid’s profi le and increase profi tability. 101 95 Harvey Electronics 25.22 M 31.1 M 205 Chubb Ave. Lyndhurst, N.J. 07071 201-842-0078 www.harveyonline.com CEO: Michael E. Recca Public, EO -18.91 26.55 M 32.74 M 9 9 After its failed bid to acquire Myer-Emco, Harvey fi led bankruptcy late in 2007. It plans to reorganize In the warranty business, it's all about choosing the right provider. Who’s backing your program? 312.356.2324 • thewarrantygroup.com The warranty business is really pretty simple. Take $5.4 billion in assets, add 2,300 employees and back your program with Virginia Surety Company. Any questions? 312.356.2324 • thewarrantygroup.com