av news
This Month's Featured Equipment Reviews
Denon AVR-S700W& Envaya Bluetooth Speaker Reviews
CLONES Audio 25p Power Amplifier Review
Audioengine A2+ Desktop Speakers Review
Darwin Truth Silver Cable Review
Anthony Gallo Acoustics A’Diva SE Loudspeakers & TR-3D Subwoofer Review
Latest AV News
AV News Forum Topics:
 
Sound Advice Home Theater Retailer Latest Chain to Close Doors  Print E-mail
Home Theater News Industry-Trade News
Written by AVRev.com   
Wednesday, 12 November 2008

This economy is taking its toll on home theater specialty retailers.  First, Tower Records went out of business.  Then, Tweeter files for bankruptcy and its eventual new owners pulled the plug.  Circuit City seems to be in trouble, recently announcing the closing of several of their stores.


Now, Sound Advice, a Florida-based home theater retailer has called it quits.  They will be closing all 22 of their stores by year's end.  Their liquidation sale started last Wednesday and will continue through until after the holidays.  They are currently offering 10 percent off TVs, 20 percent off speakers and 40 percent off cables and accessories.

Sound Advice employs about 50 workers, which is about 30 fewer than were working there a year ago.  The stores have stopped accepting checks, selling gift cards, warranties, etc.

Sound Advice was acquired for $61 million in 2001 by Tweeter, so it was probably not a stretch of the imagination that Sound Advice would eventually close.







Like this article? Bookmark and share with any of the sites below.
Digg!Reddit!Del.icio.us!Google!StumbleUpon!Yahoo!Free social bookmarking plugins and extensions for Joomla! websites!
 

  home theater news  |  equipment reviews 
  blu-ray reviews  |  dvd  |  theatrical reviews  
  music download reviews  |  music disc reviews
  contact  |  about-us  |  careers   |  brands 
  Subscribe to Us   |   RSS   |  AVRev Forums
  front page  |  virtual tours  |  dealer locator
  how to features  |   lifestyle & design articles
  Want Your Home Theater Featured on MHT?
   CE Partners: HDD  |  HDF  |  VGT  |  SD  |  DVD
   
  Advertise with Us | Specs | Disclaimer
  Sponsors | privacy policy | terms of use
  909 N. Sepulveda Blvd. El Segundo, CA 90245
  Ads: 310.280.4476 | Contact Us
  Content: 310.280.4575 | Mike Flacy