1994-05-23, English, Article, Journal or magazine article edition: Exceedingly happy return. (Tandy's Incredible Universe retail chain) MacEvoy, Terry; Scott, Janney Montgomery

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Physical Description
  • graph
  • table
  • Magazine/​Journal article
Published
  • United Business Media LLC, 1994 May 23
Language
  • English

Edition details

Title
  • Exceedingly happy return. (Tandy's Incredible Universe retail chain)
Also Titled
  • Exceedingly happy return.
Appears In
  • Computer Retail Week, v4, no.n63, 1994 May 23, p126(1) (ISSN: 1066-7598)
Author
  • MacEvoy, Terry
  • Scott, Janney Montgomery
Published
  • United Business Media LLC, 1994 May 23
Physical Description
  • graph
  • table
  • Magazine/​Journal article
Subjects
Target Audience
  • Trade
Summary
  • Tandy Corp's Incredible Universe consumer electronics retail chain is expanding rapidly, and projections place the retailer at over $65 million in annual sales per store. The units have each been drawing about $75 million in annual sales, and the operating margin has been exceeding eight percent. The chain began with a 160,000-sq-ft store in Portland, OR, in the latter part of 1992, and two more stores were opened in 1993. In 1994 a larger Incredible Universe opened in Miami, and that store has been generating revenue of more than $100 million annually The company intends to open 200,000-square-foot stores in the latter part of 1994. As many as 10 outlets could be opened in 1995. These newest stores are six times as large as Circuit City stores and carry 85,000 SKUs, compared to the competitor's 5,000 to 7,000.
Notes
  • graph
  • table
Language
  • English
Database
  • Gale General OneFile
Identifier
  • 15548307

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