"Ultimate Electronics signed a lease on an old Circuit City building and is about to sign another," CoStar.com. 9-30-09.
Ultimate Electronics is on the rise - again. The quote above appeared online at CoStar.com which is the engine for commercial real estate companies across the US. There is talk that Ulimate is out looking for as many as 30 stores in California for next year.
Channel vets will remember the rapid rise and descent of this electronics chain out of Denver. At a time when CompUSA, Circuit City and others were struggling to maintain they tried to explode. And they did - or rather imploded. Can they do it again, but get it right this time?
There certainly is far less competition in retail storefronts. Only Best Buy on a national basis carries depth in the categories. I say they have a good shot.
Who knew we'd miss Circuit City?
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