Ultimate Electronics Inc., operator of 46 home-entertainment and electronics stores, has filed for bankruptcy, citing decreased sales at certain locations and refusal of some suppliers to ship goods ...
Ultimate Electronics Inc., a national home entertainment retailer with a location in Tulsa, sought bankruptcy protection Tuesday after reporting seven quarterly losses in a row. The Chapter 11 filing ...
THORNTON, Colo. -- Consumer electronics retailer Ultimate Electronics filed for Chapter 11 bankruptcy last week and secured financing that officials said will help it reorganize. In December, Ultimate ...
In December, company management told federal regulators it probably wouldn't have enough cash to fund operations past January. The company reports that Wells Fargo Retail Finance has agreed to provide ...
After opening their first store more than 40 years ago, Ultimate Electronics, an electronics chain with stores nationwide, is closing their doors. “Our commitment to our customers continues as we ...
Ultimate Electronics, an electronics chain with stores nationwide, is closing their doors. The going-out-of-business sales began on February 12, and will continue until all merchandise has been sold.
Ultimate Electronics will close three of its its consumer electronics stores in Iowa including one in Davenport this spring as part of its bankruptcy reorganization plan. Stores in Des Moines and ...
The owner of Ultimate Electronics chain has amassed a 6.5 percent stake in Circuit City Stores Inc., saying he might force a change in leadership or purchase the Henrico County-based retailer. Mark J.
Shares of Ultimate Electronics are off $2, or 18 percent, to $9.05, in early action. After Monday's closing bell, the Denver-based electronics retailer warned that same-store sales for the fourth ...