In December, company management told federal regulators it probably wouldn't have enough cash to fund operations past January. The company reports that Wells Fargo Retail Finance has agreed to provide ...
Ultimate Electronics, an electronics chain with stores nationwide, is closing their doors. The going-out-of-business sales began on February 12, and will continue until all merchandise has been sold.
Ultimate Electronics Inc., operator of 46 home-entertainment and electronics stores, has filed for bankruptcy, citing decreased sales at certain locations and refusal of some suppliers to ship goods ...
The Ultimate Electronics store in Rochester won't survive the reorganization of the audio-visual chain from bankruptcy. The Denver-based retailer announced closings of all 30 stores that former chief ...
DES MOINES, Iowa (AP) -- Ultimate Electronics will close its consumer electronics stores in Des Moines, Davenport and Cedar Rapids this spring as part of its bankruptcy reorganization plan.
After opening their first store more than 40 years ago, Ultimate Electronics, an electronics chain with stores nationwide, is closing their doors. “Our commitment to our customers continues as we ...
Shares of Ultimate Electronics are off $2, or 18 percent, to $9.05, in early action. After Monday's closing bell, the Denver-based electronics retailer warned that same-store sales for the fourth ...
THORNTON, Colo. -- Consumer electronics retailer Ultimate Electronics filed for Chapter 11 bankruptcy last week and secured financing that officials said will help it reorganize. In December, Ultimate ...
Ultimate Electronics Inc., a national home entertainment retailer with a location in Tulsa, sought bankruptcy protection Tuesday after reporting seven quarterly losses in a row. The Chapter 11 filing ...