Imagine that you own an audio store, and business is good. Sales are up, and you'd like to take on additional lines. It's a good position to be in, but it has its challenges. You need more space, for sure. But what if the only suitable space that's available is some distance from the original store. Will customers follow you to the new location? Adrian Low, owner of Audio Excellence, has had to face this challenge three times.
Saturday November 5, 17pm, Toronto's Wynn Audio , who demonstrated a Goldmund-Tidal-Thales system costing $1,135,196 at last weekend's TAVES show, are opening their new showroom at Unit 31-20 Wertheim Court, Richmond Hill, Ontario L4B 3A8.
New location, new features, and a more inclusive, consumer electronics-orientated approach: that's the word on the fourth annual Toronto Audio Video Entertainment Show (TAVES). Now ensconced in the Sheraton Centre Hotel in downtown Toronto, which offers far more large exhibit rooms than did TAVES' former venue, the three-day show opens on Friday, October 31 with four floors' worth of audio, video and consumer electronics-oriented exhibits.
Toronto is turning into a happening place for audiophiles. The Toronto Audio Visual Entertainment Show being held October31November 2, 2014, promises to be bigger and better in their new venue at the Sheraton Centre Hotel downtown. The Update TV & Stereo Elevated store, with a strong high-performance audio orientation, opened last spring in the Toronto suburb of Unionville. And now, Angie's Audio Corner, devoted to high end celebrated its second anniversary with the opening of the Annex Clearance Center in the coach house next to the main building, acting as a clearing house for used equipment of all sorts and used LPs.
In early June, Toshiba will institute a new retailing program that embraces the Internet but favors traditional retailers. The electronics manufacturing giant will have "a defined group of Internet retailers" that will be built on a base of traditional retailers, according to an announcement made in late April. Later, the program will be expanded in stages to include Internet-only retailers. The announcement follows an announcement by Sony Corp. late in January that Sony would begin direct Internet sales this year.
The Consumer Electronics Association (CEA) reports that factory-to-dealer sales of audio products soared in March, with dollar volume increasing by 14% over March 1999, to a total of more than $721 million. According to the CEA, sales in the first quarter of this year were 10% ahead of first-quarter 1999, at approximately $1.75 billion.
Getting a jump on the RIAA's move to create a new music-download standard (see related article), Tower Records announced last week that it will feature a new song-download service, created by Atlanta-based amplified.com, on the Towerrecords.com website.
Even after a two-day auction and federal bankruptcy court approval of a $134.3 million bid by the Great American Group, which has stated that it plans to liquidate the music retailer, it's not precisely clear what is in store for Tower Records.
The fate of Tower Records has been the subject of music industry speculation for months. The company's financial difficulties have been no secret; several stories recently appeared alluding to a new Tower policy of making some suppliers share the burden—especially distributors of small specialty classical labels.
Just because you're paranoid doesn't mean they're not out to get you. This is especially true for music lovers who have begun to fear that record companies purposely corrupt the data on audio CDs in an effort to restrict their use as a source for copies or MP3 files.
Can you judge an exhibitor's products by the music he plays? Perhaps not, but when I walk into a room playing "Hotel California," that mad percussion ditty "Music for Bang, Baa-Room and Harp," 90s grunge (footnote 1), or God No! Jazz at the Pawnshop, it's all I can do to stay put and not scream.
Ensconced in one of the Hilton Long Beach's larger rooms, Tom Vu had intended to present an all-TriangleArt system until the Great Egyptian Shipping God in the Sky announced total displeasure at the state of the world. Demanding a sacrifice for our collective sins, GESGitS blew a gasket and chose as his victims TriangleArt's Metis loudspeakers ($59,999/pair), which never reached the Hilton Long Beach. Borrowed Usher speakers saved the day.
John Atkinson and I recently spent a few hours talking to cable manufacturer Tributaries' president and founder, Joe Perfito. Perfito had come to NYC to meet the press and introduce his company's newest cable families, the high-end Series 7 and the higher-end Series 9. "The Series 9 cables are the best cables we know how to make," Perfito told us. "The interconnects are hand-made of 20AWF solid OFHC signal conductor and a 1.25% silver-plated 46-strand 20AWG OFHC return conductor. We use an LDPE dielectric and an OFHC copper-braided shield and a double-sided copper foil secondary shield for 100% freedom from interference. The conductors are double-soldered to the solid brass connectors, then pressure welded—they will not let go of one another."
It's been a rough season for some in the e-commerce crowd, as several consumer-electronics Internet startups find themselves amid changes. Last week, CyberShop.com announced that it will close the e-tailing sites CyberShop.com and electronics.net (created as a joint venture with Tops Appliance City, which is now under Chapter 11 bankruptcy protection) and sell these operations' remaining retail assets. At the same time, the company says it will launch an "Internet incubator" through the establishment of Grove Street Ventures to attract and develop startup Internet companies.