Microsoft Planning
More StoresWASHINGTON — Microsoft COO
Kevin Turner said his company is
planning to open “dozens” of new retail
stores. Speaking at Microsoft’s annual
Worldwide Partner Conference
here last month, Turner described the
showrooms as “an incredible learning
vehicle” that is helping its designers
and developers create next-generation
products based on end-user feedback.
Microsoft opened its first four stores
within the last nine months in Arizona,
California and Colorado.
Sound Advice Readies
ComebackFT. LAUDERDALE, FLA. — Sound
Advice, the premium A/V specialty
chain that closed with corporate parent
Tweeter, could be back in business
by September.
The operation is being resurrected by
former chairman/CEO Peter Beshouri
and senior executive Michael Blumberg,
who reacquired the brand, mailing
lists and other intellectual properties in
Tweeter’s bankruptcy sale. Tweeter
bought the chain in 2002, integrated it
into its operations and eventually went
bankrupt in 2008
Beshouri plans to have a Web site up
by September and the first new showroom
opened by year’s end.
Beshouri believes the loss of powerful,
independent regional A/V specialists
like Tweeter, Sound Advice and Magnolia
has created “an extraordinary void
in the marketplace, and nature abhors
a void.”
Buy.com AcquiredALISO VIEJO, CALIF. – E-commerce
pioneer Buy.com has been bought by
Japanese e-tailer Rakuten in an allcash
transaction.
Buy.com will continue as a whollyowned
subsidiary of Rakuten, and will
maintain its current management team,
staff and headquarters, here.
The price tag for the all-cash deal, which
closed on July 1, was not released.
CE sales were $300 million last year according
to TWICE estimates, landing
Buy.com in 39th place on the TWICE
Top 100 CE Retailers report.
Its new $3.2 billion corporate parent is a
leading Asian Internet company whose
online shopping mall, Rakuten Ichiba.
Abstract Web:
WASHINGTON — Microsoft COO
Kevin Turner said his company is
planning to open “dozens” of new retail
stores.