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Home > Company Index > Retail > Consumer Electronics Retailing > Cablevision Electronics Investments, Inc.
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Cablevision Electronics Investments, Inc. |
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PROFILE |
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Cablevision Electronics Investments, which operates as The Wiz, was wheezing until cable TV came along. A subsidiary of Cablevision Systems, the consumer electronics chain operates more than 40 The Wiz stores, mostly in the New York City area. It sells audio and video products, computers, music, movies, and office equipment. The stores also sell services from other Cablevision units, including high-speed Internet access and event tickets. For years The Wiz was run in secrecy by the Jemal family; heavy advertising helped make the franchise one of the largest electronics chains in the US. However, competition and quick expansion led to the chain's decline and bankruptcy, and its 1998 purchase by the cable operator.
COMPETITION |
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Circuit City Group (CC)
P.C. Richard & Son (dossier)
RadioShack Corporation (RSH)
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FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 693.40
1-Yr. Sales Growth: 14.9%
Employees: 5,100
Revenue per employee: $135,960.78
KEY PEOPLE |
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Joseph Azznara
CEO
Carl Landeck
CFO
CONTACT INFO |
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2045 Lincoln Hwy.
Edison, NJ 08817
US
Phone: 732-650-3200
Fax: 732-650-3550
Online: Web Site
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