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Ultimate Electronics


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13 replies to this topic

#1 of 14 OFFLINE   Louisp

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Posted March 25 2005 - 12:01 AM

FYI,
Earlier this week Ultimate Electronics announced that all of their Texas stores will be closed. UE is in the midst of reorganizing after filing Chapter 11 bankruptcy.

UE was our preferred retail electronics store and will certainly be missed.

LP

#2 of 14 OFFLINE   Shane Martin

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Posted March 25 2005 - 12:36 AM

I have a "friend" whom works at the Tulsa one and he said that the one here is safe(seemingly) as they are one of the highest grossing stores around. He worked in Dallas and didn't like the environment down there(I'm guessing its more competitive with Tweeter, BB, HomeTheaterStore etc down there).

#3 of 14 OFFLINE   Shane K

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Posted March 25 2005 - 04:37 PM

Ultimate plans on closing down close to half of their 65 or so stores. Chapter 11 definately did a number on them.

Kinger

#4 of 14 OFFLINE   alan halvorson

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Posted March 25 2005 - 04:47 PM

Are you aware of any they intend to close in Minnesota, Shane? Most of the Ultimate stores I've been to seem to do well here.
They're coming to take me away, ha-haaa!!
They're coming to take me away, ho-ho, hee-hee, ha-haaa To the funny farm. Where life is beautiful all the time and I'll be happy to see those nice young men in their clean white coats and they're coming to take me away, ha-haaa!!!!!
- Napoleon XIV

#5 of 14 OFFLINE   Shane Martin

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Posted March 25 2005 - 11:50 PM

All I know is what I posted. I know given the minimal competition that UE does really well here.

#6 of 14 OFFLINE   Louisp

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Posted March 26 2005 - 04:10 AM

Ultimate Electronics is the poster child for over aggressive growth. While their mass move into the Dallas/Ft. Worth region was a welcome alternative sadly many of these new stores were consistent money losers.

On the positive side, in my opinion, UE set the standard for personable and knowledgeable customer service within the mass retail electronics market. CC and BB would do well to implement such higher grade customer service.


LP

#7 of 14 OFFLINE   Scott_N

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Posted March 26 2005 - 05:25 AM

Customer service is why I go to two small stores here in Kansas City instead of mass retail. I deal with the same guy at each store and they both know my name, what I like, have better product knowledge than any mass retail salesman i've met, give me anywhere from 12% to 24% off retail, and let me home demo products before buying. I've been to UE here in KC and while they are better than BB or CC they still aren't better than a small shop IMO. I've also bought alot of demo equipment from these stores and saved upwards of 50% off retail and you still get a warranty.

#8 of 14 OFFLINE   Parker Clack

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Posted March 26 2005 - 06:18 AM

The stores here in the Kansas City area will be closing. I just bought a Mits RPTV from them. Guess I will need to call them and see what is what with any warranty issues.

"I tried to get my medical records from the company but they say they

are confidential and can only be released to other insurance companies,

pharmaceutical​ reps, suppliers of medical equipment and for some

reason the RNC."
 


#9 of 14 OFFLINE   Shane Martin

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Posted March 26 2005 - 06:29 AM

This link might be interesting to you Alan

http://tv.ksl.com/in...id=5&sid=157945

#10 of 14 OFFLINE   Parker Clack

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Posted March 26 2005 - 09:47 AM

Quote:
Ultimate, which operates 62 stores in 14 states, said it would close 30 stores in Iowa; Kansas City, Mo.; South Dakota, Texas and Utah. The closures will occur by June 30.

Our local paper said the Kansas City stores would be closing down.

"I tried to get my medical records from the company but they say they

are confidential and can only be released to other insurance companies,

pharmaceutical​ reps, suppliers of medical equipment and for some

reason the RNC."
 


#11 of 14 OFFLINE   Scott_N

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Posted March 26 2005 - 10:42 AM

Parker

You don't have to worry about Independence Audio or Primus Audio Pleasure closing anytime soon!Posted Image

#12 of 14 OFFLINE   ChrisMatson

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Posted March 26 2005 - 10:52 AM

The one in Des Moines is closing.

I am in need of a subwoofer, but it is a low priority right now.

If UE lets some stock go at clearance prices, it may be hard to resist.

#13 of 14 OFFLINE   Parker Clack

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Posted March 27 2005 - 01:26 AM

Scott:

Yep, I know. I bought my Def Tech's at Independence Audio. I am just concerned about the warranty on my new Mits. I got their extended warranty and I need to find out what I am going to when something goes wrong with the set.

"I tried to get my medical records from the company but they say they

are confidential and can only be released to other insurance companies,

pharmaceutical​ reps, suppliers of medical equipment and for some

reason the RNC."
 


#14 of 14 OFFLINE   Scott_N

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Posted March 27 2005 - 03:43 AM

Parker

Ind Audio gave me a great deal on my JVC DILA and everything i've bought there that's why they get my HT business. Same thing at Primus for 2-channel. Since they aren't going to be closing all their stores your warranty should be valid but it might be a hassle if it needs service. Good luck.