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Article: Electronics Superstores to Fill Void Left by Ohio Chain's Demise.
- Article from:
- Knight Ridder/Tribune Business News
- Article date:
- November 4, 1998
- Author:
CopyrightCOPYRIGHT 1998 Knight-Ridder/Tribune Business News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Knight Ridder/Tribune Business News
Nov. 4--Call it the culling of the appliance and electronics superstore retailers.
In nature, when the numbers of a species rise to the point where they tax the available resources, the weak begin to die off. A similar process works in a free economy.
That explains the death of Sun Television & Appliance.
The retail chain announced Monday that it was liquidating inventory and closing all of its stores by the end of the year, including three in the Akron-Canton area. That will put 2,800 employees in eight states out of work, among them about 200 in the area.
The Groveport, Ohio-based company ...