WILMINGTON, Del. -- Bankrupt electronics chain Ultimate Electronics Inc. plans to put all 62 of its stores on the auction block to raise cash for creditors. One of those stores is in Rochester. Gregg ...
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 ...
WASHINGTON (CBS.MW) -- Ultimate Electronics posted a second-quarter net loss of $16.2 million, or $1.09 per share, wider than the loss of $1.8 million, or 12 cents, tallied in the year-ago period. The ...
Denver – Gains in large format and flat-panel televisions smoothed over disappointing business in home audio, video and home office, helping Ultimate Electronics register a 10 percent sales increase ...
NEW YORK (CBS.MW) - Ultimate Electronics said fiscal fourth-quarter comparable-store sales fell 9 percent from year-ago levels, while total sales were virtually unchanged at $242.3 million, just shy ...
Ultimate Electronics is closing all 46 of its locations nationwide, including the one at 301 Costco Way in St. Peters. Get up-to-the-minute news sent straight to your ...
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 ...
Specialty consumer electronics retailer Ultimate Electronics reported higher income, sales and profit margin in its fiscal third quarter. Net income reached $1.70 million in the three months, up from ...
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 ...
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