PROFILE |
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P.C. Richard & Son is out to beat The Wiz -- and short out Circuit City, too. Founded in 1909 by Dutch immigrant milkman and jack-of-all-trades Peter Christiana Richard, the family-owned company has more than 40 stores in the New York City metropolitan area. Once a hardware store, P.C. Richard now gets half of its sales from appliances (microwaves, vacuum cleaners), and it also sells home electronics (televisions, VCRs, sound systems), and computers. The firm is operated by fourth-generation Richard family members. P.C. Richard attempted to go public in 1993 but withdrew its offering after a tepid response.
COMPETITION |
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Cablevision Electronics Investments, Inc. (dossier)
Circuit City Group (CC)
Sears, Roebuck and Co. (S)
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FINANCIAL OVERVIEW |
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Fiscal Year-End: January
2000 Sales (mil.): 825.00
1-Yr. Sales Growth: 32.0%
Employees: 2,147
Revenue per employee: $384,257.10
KEY PEOPLE |
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Gary Richard
CEO
Tom Pohmer
CFO
CONTACT INFO |
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150 Price Pkwy.
Farmingdale, NY 11735
US
Phone: 631-843-4300
Fax: 631-843-4469
Online: Web Site
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