Tweeter Going out of Business - Blu-ray Forum

Jim L · 11-10-2008, 02:19 PM

I haven't seen any other threads about this, but it looks like it is true.

I saw my local store advertising a liquidation sale yesterday. After checking around some, it appears that their entire chain is being liquiidated.

Baltimore Sun

TheDeal

Tweeter's Website

First Circuit City, now Tweeter. Best Buy will not have much competition left.

groovyone · 11-10-2008, 02:21 PM

Bmmer, although they had closed the one closet to me a couple years ago, there was still one I'd stop in at when I was in teh right part of town.

Ernest Rister · 11-10-2008, 02:33 PM

Quote:

Originally Posted by groovyone

Bmmer, although they had closed the one closet to me a couple years ago, there was still one I'd stop in at when I was in teh right part of town.

We need competition in the market...this isn't cool.

bhampton · 11-10-2008, 03:05 PM

Yeah,... Can't be a good sign when things like this happen.

-Brian

Go Blue · 11-10-2008, 03:18 PM

Sucks. I love Showcase (Tweeter in AZ). I have bought all 3 of my HDTV's from there.

ngkf7 · 11-10-2008, 03:19 PM

I'm not surprised. That's what happens when you have huge markups on products and competitors down the street are offering them for significantly cheaper.

JJJMan · 11-10-2008, 03:50 PM

i'm not surprised either. here in new england tweeter is a joke. the stores are not at ALL setup for easy shopping. they only use about 20% of the total space of the stores. every time i would go there i was always completely ignored unless i told them with my arms waving that my budget was at least $2000 for anything.

for me, they won't be missed.

MacDaddyOJack · 11-10-2008, 03:54 PM

Quote:

Originally Posted by Ernest Rister

We need competition in the market...this isn't cool.

Yeah, and Circuit City filed for bankruptcy this morning.... no good

Blu-ray Fanatic · 11-10-2008, 04:04 PM

I didn't even know there was a Tweeter in my area even I've never heard of that company before. There's a Samsung BDP1400 on sale for 142.40 reduced from 499.99. I wish I had the money

SpikesBluBlooded · 11-10-2008, 04:40 PM

they're known as "Sound Advice" in my area, but haven't been to one here in a couple of years... Curious if they're shutting down as well.

Pelican170 · 11-10-2008, 04:45 PM

Circuit City has been going under for a while now, but i heard that it is already to be bought out by another company... not sure if thats true or not, i heard that a while ago...

RubberDucky · 11-10-2008, 04:47 PM

Wasnt a huge fan of tweeter got my car system from there and installed and wasnt happy with the work very over priced and didnt do a good job with the installation had to take it somewhere else to fix it

Josh · 11-10-2008, 04:55 PM

Noticed the liquidation signs this weekend as I was leaving the shopping center. I regretted not going in until I remembered how marked-up their prices were. Even on sale, they are usually too expensive.

PS3+HDDVD OWNER · 11-10-2008, 05:01 PM

Quote:

Originally Posted by Jim L

I haven't seen any other threads about this, but it looks like it is true.

I saw my local store advertising a liquidation sale yesterday. After checking around some, it appears that their entire chain is being liquiidated.

Baltimore Sun

TheDeal

Tweeter's Website

First Circuit City, now Tweeter. Best Buy will not have much competition left.

That sucks.

I called the store by me to see if they had any open box floorstanding speaker deals, and the guy that answered the phone told me he had a pair of open box Monitor 50's for $183 APIECE!!

These same speakers are on sale at Frys for $158/pair!!!!

Jeff Kleist · 11-10-2008, 05:04 PM

Tweeter caters to the high end consumer and usually relies on wealthy people coming in and outfitting their entire home theater in one go

Market crash+high end gear+retail expenses=not enough credit and disposible rich people income to keep them afloat. They were in trouble before and this just finished them off

groovyone · 11-10-2008, 05:47 PM

Quote:

Originally Posted by Josh

Noticed the liquidation signs this weekend as I was leaving the shopping center. I regretted not going in until I remembered how marked-up their prices were. Even on sale, they are usually too expensive.

True. That is why I usually only stopped by mine. Checking out stuff before ordering.

Bigdog · 11-10-2008, 06:26 PM

Quote:

Originally Posted by Jeff Kleist

Tweeter caters to the high end consumer and usually relies on wealthy people coming in and outfitting their entire home theater in one go

Market crash+high end gear+retail expenses=not enough credit and disposible rich people income to keep them afloat. They were in trouble before and this just finished them off

You cant survive when you constantly mark everything up in your stores and most times have competitors not even 50' away selling the same product for 15-25% less. They should of went out of business long ago like the tweeter that shut down here a good 4 years ago.

phlydude · 11-10-2008, 06:31 PM

The tweeter by me was right ouside the plaza that Best Buy was in. When you went into this store, the sales guys were vultures...

york weir · 11-10-2008, 08:01 PM

I'll have to stop in and see if there are any deals. They closed the two closest Tweeter's near me so I have to drive to the other side of town.

ngkf7 · 11-10-2008, 09:40 PM

Dropped by to check out some prices after work/school today. No wonder the place is going out of business, even their sale prices aren't that great.

They had two BD players left when I was there:

Samsung P1500 - $235
Sony S350 - $235

They only had 1 or two left of each, but I sure as hell wasn't buying one.

11-10-2008, 02:19 PM	#1
Jim L Special Member Top contributor Member since:Apr 2006 Location:Myrtle Beach, SC Blu-ray reviews: 12 Trading Score:20	Tweeter Going out of Business I haven't seen any other threads about this, but it looks like it is true. I saw my local store advertising a liquidation sale yesterday. After checking around some, it appears that their entire chain is being liquiidated. Baltimore Sun TheDeal Tweeter's Website First Circuit City, now Tweeter. Best Buy will not have much competition left.

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11-10-2008, 02:21 PM	#2
groovyone Blu-ray Guru Member since:May 2007 Location:PSNetwork: groovyone	Bmmer, although they had closed the one closet to me a couple years ago, there was still one I'd stop in at when I was in teh right part of town.

11-10-2008, 03:05 PM	#4
bhampton Blu-ray Count Member since:Aug 2007 4K collection:981 Blu-ray collection:2537 DVD collection:67 Blu-ray reviews: 6 Trading Score:18	Yeah,... Can't be a good sign when things like this happen. -Brian

11-10-2008, 03:18 PM	#5
Go Blue Blu-ray Knight Top ranked HT gallery Member since:Jul 2007 Home Theater Gallery:23 Blu-ray collection:160 Trading Score:7	Sucks. I love Showcase (Tweeter in AZ). I have bought all 3 of my HDTV's from there.

11-10-2008, 03:19 PM	#6
ngkf7 Special Member Member since:Jan 2008 Location:Baltimore, MD 4K collection:4 Blu-ray collection:161 MA collection:104 iTunes collection:1 Blu-ray reviews: 54	I'm not surprised. That's what happens when you have huge markups on products and competitors down the street are offering them for significantly cheaper.

11-10-2008, 03:50 PM	#7
JJJMan Member Member since:Jan 2008 Location:Pembroke, NH Home Theater Gallery:34 Blu-ray collection:302	i'm not surprised either. here in new england tweeter is a joke. the stores are not at ALL setup for easy shopping. they only use about 20% of the total space of the stores. every time i would go there i was always completely ignored unless i told them with my arms waving that my budget was at least $2000 for anything. for me, they won't be missed.

11-10-2008, 04:04 PM	#9
Blu-ray Fanatic Blu-ray Ninja Member since:Aug 2007 Location:San Antonio Blu-ray reviews:1	I didn't even know there was a Tweeter in my area even I've never heard of that company before. There's a Samsung BDP1400 on sale for 142.40 reduced from 499.99. I wish I had the money

11-10-2008, 04:40 PM	#10
SpikesBluBlooded Special Member Member since:Sep 2007 Location:Orlando, FL Blu-ray collection:719 Trading Score:1	they're known as "Sound Advice" in my area, but haven't been to one here in a couple of years... Curious if they're shutting down as well.

11-10-2008, 04:45 PM	#11
Pelican170 Blu-ray Samurai Member since:Jul 2007 Location:Newtown, CT 4K collection:127 Blu-ray collection:735 DVD collection:256 Trading Score:13	Circuit City has been going under for a while now, but i heard that it is already to be bought out by another company... not sure if thats true or not, i heard that a while ago...

11-10-2008, 04:47 PM	#12
RubberDucky Active Member Member since:Oct 2008 Blu-ray collection:87 Blu-ray reviews:1	Wasnt a huge fan of tweeter got my car system from there and installed and wasnt happy with the work very over priced and didnt do a good job with the installation had to take it somewhere else to fix it

11-10-2008, 04:55 PM	#13
Josh Super Moderator Top contributor Member since:Sep 2006 Home Theater Gallery:50 4K collection:37 Blu-ray collection:407 Digital collection:1 Blu-ray reviews: 15 Trading Score:34	Noticed the liquidation signs this weekend as I was leaving the shopping center. I regretted not going in until I remembered how marked-up their prices were. Even on sale, they are usually too expensive.

11-10-2008, 05:04 PM	#15
Jeff Kleist The Digital Bits Member since:Jul 2008 Trading Score:1	Tweeter caters to the high end consumer and usually relies on wealthy people coming in and outfitting their entire home theater in one go Market crash+high end gear+retail expenses=not enough credit and disposible rich people income to keep them afloat. They were in trouble before and this just finished them off

11-10-2008, 06:31 PM	#18
phlydude Power Member Member since:Mar 2007 Location:Winter Garden, FL USA Playstation ID: phlydude Blu-ray collection:132 Trading Score:1	The tweeter by me was right ouside the plaza that Best Buy was in. When you went into this store, the sales guys were vultures...

11-10-2008, 08:01 PM	#19
york weir Special Member Member since:Nov 2007	I'll have to stop in and see if there are any deals. They closed the two closest Tweeter's near me so I have to drive to the other side of town.

11-10-2008, 09:40 PM	#20
ngkf7 Special Member Member since:Jan 2008 Location:Baltimore, MD 4K collection:4 Blu-ray collection:161 MA collection:104 iTunes collection:1 Blu-ray reviews: 54	Dropped by to check out some prices after work/school today. No wonder the place is going out of business, even their sale prices aren't that great. They had two BD players left when I was there: Samsung P1500 - $235 Sony S350 - $235 They only had 1 or two left of each, but I sure as hell wasn't buying one.

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