http://www.businessweek.com/ap/financialnews/D8O0SV100.htm

anyone know which of the NC stores ( http://tinyurl.com/3bza5l ) is closing or if the one in Raleigh is closing?

Quote :

"In 2006, Tweeter's shares lost more than half of their value despite a cost-cutting plan launched in 2005 to close 19 stores and shave more than 200 jobs. McGuire said the 35-year-old chain will vacate certain areas of the country entirely, closing all 12 of its California stores, its six stores in Alabama and Tennessee and six of nine stores in Georgia. He said this will allow Tweeter to shut two regional distribution centers in Atlanta and San Diego in addition to the retail outlets. Tweeter also will close eight stores in Texas, four stores in Illinois, four in Massachusetts, three in Connecticut, two in New York and one each in Florida, New Jersey, Pennsylvania and North Carolina."

Quote :

"McGuire said Tweeter remains relatively strong in its base in the Northeast. The company is keeping 11 of its 15 Massachusetts stores open but will close its original site on Commonwealth Avenue in Boston, he said. Tweeter also is keeping 22 of its 23 Florida stores open."

3/22/2007 11:53:51 AM

hard to compete with best buy and circuit city on pricing but if you're an video/audiophile tweeter is def better

3/22/2007 12:00:02 PM

well now that Magnolia is being launched nationwide in several best buys it will be harder to compete.

3/22/2007 1:15:23 PM

Audio Advice for the audiophiles out there

3/22/2007 1:33:18 PM

tweeter is too.... middle of the road...

a real audiophile doesn't want Focal or jbl


i mean they're good for car audio cause you really can't beat jl

3/22/2007 2:14:11 PM

Quote :

"The company's three Triangle stores -- in Cary, Raleigh and Durham -- will survive the closings."

from
http://www.newsobserver.com/104/story/556104.html

3/22/2007 2:24:13 PM

Quote :

"i mean they're good for car audio cause you really can't beat jl"

my ass that's what mos people think
i agree just about all thier shit was middle of the road.
they have nothign a tthe lower price points and thier customer service sucks. we've sent a few customers over there from circuitcity and they won't sell certain install parts/kits unless they're doing everything. everytime i went in i was treated like shit.

3/22/2007 4:40:45 PM