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Tweeter to shut 49 stores, lay off 650

05-10-2007, 06:00 PM
All I can say is wow! Bye Bye Tweeter!



05-10-2007, 06:15 PM
I just got a flyer from them today. An invite to a private sale only two people are invited, myself and some guy named John Q. Public. lol. Even with up to 50% off their prices still suck. Imo, they won't be missed....................

Chris Gerhard
05-10-2007, 09:03 PM
It is a tough competitive business. I always liked the Tweeter in Dallas years ago when I lived there, but I haven't been in one since 2000. Bankruptcy is probably the only way to get out from under the lease agreements at the closed stores, or at least the threat of bankruptcy. I am always sad to see news like this, but there have been so many chains like this go under the few decades I have been buying this stuff, this sure doesn't surprise me. Circuit City is trying to fix their situation and return to profitablity, I hope they succeed.


05-10-2007, 10:42 PM
In my area, Tweeter absorbed a small franchise that was a truly excellent hi-end audio/video chain with good products, decent prices and knowledgable staff. I bought a lot of my audiophile equipment there (Threshold, Forte, NAD, ADS, Lynn, KEF).

It's a shame that the American business model today is "keep growing at all cost until you either become the biggest or die". There's lots of room for quality small and middle size stores who have reasonable expectations for growth and don't get overcome by greed.