According to Electronics Express, this business was “a significant sales channel for the Debtor.”

These new restrictions forbid sales through third-party websites. Vendor ‘no third party website’ policies: Many of Electronics Express vendors implemented restrictions to retailers who augmented their sales and promotions through third-party websites such as or Buy.com.This impact was especially felt in the television segment. Manufacturers MAP and UPP programs “severely impacted” the company’s ability to promote in the marketplace. Vendor Minimum Advertised Pricing and Universal Pricing policies: Electronics Expo relied on aggressive promotional pricing to drive sales Temiz said in his affidavit.The Temiz affidavit says that there were several factors that caused the company to experience declining revenues, tightening cash flow, and increased operating losses in 2012. The company has no secured debt and estimates its unsecured trade debt at approximately $7.5 million. TWICE magazine had named Electronics Expo to its 2011 Top 100 Consumer Electronics Retailers Report and estimated its sales for that year at $135 million.Īccording to the affidavit, the company has assets of $2.9 million and liabilities of $7.4 million. The company’s sales in fiscal 2012 were $63 million.

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