By Lisa Johnston
New products on display at the American International Toy Fair, held in N
Wayne, N.J. – New Jersey-based A/V specialty chain Electronics Expo, which operated seven showrooms at its height, has reduced its store count to three locations.
The remaining stores include its headquarters showroom in Wayne, N.J., a nearby clearance center, and a store in Union, N.J., the company’s website shows.
The chain’s most recent closure was its 18,000-square-foot store in Paramus, N.J., which shuttered after Black Friday, local newspaper The Record reported.
President/CEO Leon Temiz told TWICE last spring that he planned to close stores as leases expired and reopen in smaller-footprint locations when real estate became available. Smaller stores would save money on rent, staffing, inventory and displays without sacrificing the most popular products and services, he said.
This TWICE webinar, hosted by senior editor Alan Wolf, will take a look at what may be the hottest CE products at retail that will be sold during the all-important fourth quarter. Top technologies, market strategies and industry trends will be discussed with industry analysts and executives.