BREAKING NEWS: Nortek Reorganizes Its Reorganization

Today, just a short time ago, Nortek Inc.’s AVC Group released an announcement that a major new phase of their reorganization is in the works. Specifically, the AVC Group which currently is the merged brands of Niles Audio, Elan, and … Continue reading

Taking Sales Factory Direct at Lenbrook – One Year Later

<April 25, 2012> Almost exactly one year ago, the specialty electronics world was stunned to learn that Lenbrook America, the company that distributes NAD and PSB in the United States and often looked upon as a paragon of the specialty … Continue reading

Best Buy Reveals List of Stores to be Closed

<April 18, 2012> On Monday, Best Buy revealed the specific store locations it planned to close as previously announced by former CEO Brian Dunn, just days before he unexpectedly resigned under potentially scandalous circumstances. In the wake of reporting disappointing … Continue reading

Best Buy’s Dunn is Done, But an Investigation into His Personal Misconduct Continues

<April 11, 2012> Best Buy Company’s abrupt announcement on Tuesday morning that CEO Brian Dunn, a 28-year veteran of the nation’s top electronics retailer, was leaving the company effective immediately, caught industry and financial analysts by surprise. No one saw … Continue reading

The Top Ten Leadership Lessons of Amazon’s Jeff Bezos

<April 4, 2012> In an upcoming issue of Forbes magazine, entrepreneur Jeff Bezos will be profiled and analyzed as the technology-industry’s leading “philosopher-CEO.” As part of this coverage, Forbes contributor George Anders solicited the rule-breaking CEO’s lessons of leadership. … Continue reading

Ex-D&M President Weissburg Heads to Gibson Guitar

<March 6, 2012> Gibson Guitar announced yesterday that it has hired ex-D&M President Bob Weissburg as global executive vice president – a new position at Gibson. Although Weissburg’s focus will likely be their consumer electronics and pro divisions, Gibson says … Continue reading

Hiring Managers Reveal Interview Mistakes, and Those That Were ‘Most Memorable’

<February 22, 2012> You’d think in this tough economy with high unemployment, job seekers lucky enough to score that much-needed interview would be on their best behavior…wouldn’t you? Well, then the results of the latest CareerBuilder survey of hiring managers … Continue reading

TV War Won, Samsung Considers Spinning Off its Money-Losing LCD TV Business

<February 15, 2012> Samsung Electronics Co. surprised many in the industry today when it revealed that it is considering spinning-off its LCD flat-panel television business which is losing money amid a worldwide slowdown in consumer demand according to a report … Continue reading

S&P Cuts Sony’s Credit Rating to Just Above Junk, Issues Negative Outlook

<February 8, 2012> Credit rating agency Standard & Poor’s today cut the long-term debt rating on Sony Corporation to BBB+, just two notches above “junk” status, and further issued a negative outlook which suggests a potential further drop in the … Continue reading

Though Ink Not Yet Dry on Gibson Deal, Onkyo Launches Another Partnership with Teac

<January 22, 2012> Just days after news reports of the formation of a strategic partnership between Osaka, Japan-based Onkyo Corporation and Nashville, Tennessee-based Gibson Guitar Corporation – a new report by the Nikkei says that Onkyo has now formed yet … Continue reading