From
Franklin Avenue: They're dropping like flies.
Sez
Ken:
"In the past, we have been able to weather these kinds of economic storms because people tend to stay home more, tap into their home equity, upgrade their home entertainment systems, and wait for conditions to improve," company president Casey Crane said. "Unfortunately, the combination of home foreclosures, tight lending policies and high unemployment combined to create the biggest recession in our company's history."
In April of 2008, Ken Crane's implemented an ambitious "reduction in force," making across-the-board cuts in overhead to maintain its viability, and manage the unprecedented storm of the uncertain economy. But in January 2010, the company, which operated ten retail locations across Los Angeles, Orange and Riverside counties, closed four stores and consolidated operations in several areas. Sales volume continued to drop while financing and factoring options became extremely scarce."
Beyond a flat screen for the kitchen (which Big Screen Ken wouldn't offer anyway) we are not in need of any A/V crap, so we will not whine in our beer that this sales event comes too far from our gov't. welfare queen check to do us any good.
2 comments:
Hey, Bouff, wasn't it Ken Crane's where we went in 1996 to buy my 32-inch Sony? I remember we barely got it in my car......
.........Larry
Telebision Editor Drifts Off As The Screen Ripples & A Harp (Plucked By Victoria Looseleaf) Plays ...
To Northridge, then to Ken's in West L.A. where they had one. Barely got it into your poolside maid's quarters either, as we recall.
Longer than Mr. Mike's & our wild goose chase to & from Fry's, but successful.
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