A Bitter Sound at Tweeter
by David Ranii
David Ranii of News & Observer features HTSA in an article about recent liquidation on almost 100 Tweeter stores. Tweeter tried to compete in the high end market in which Audio Advice, on Glenwood Avenue in Raleigh, competes. The store sells custom-installed home theater systems ranging in price from $12,000 to $100,000, as well as audio systems that cost tens of thousands of dollars. Scott Newnam, Audio Advice's president says, "This year looks like it is going to be our best year in the history of the company.”
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