Ultimate Electronics is resigning from the Progressive Retailers Organization (PRO Group), the high-end dealer consortium that it helped found 17 years ago. The departure will become effective Dec. 31 ...
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 ...
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, 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 ...
Tue, 01 Feb 2011 16:14:44 GMT — Electronics chain Ultimate Electronics, which has a store in Syracuse's Carousel mall, has filed for Chapter 11 bankruptcy, according to the Denver Post. The store's ...
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 ...
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 ...
DES MOINES, Iowa (AP) -- Ultimate Electronics will close its consumer electronics stores in Des Moines, Davenport and Cedar Rapids this spring as part of its bankruptcy reorganization plan.
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 ...