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State of Texas vs Conn’s Redux
Attorney General Abbott Resolves Enforcement Action Against Conn's Beaumont-based retailer agrees to $4.5 million in restitution, reformed business practices HOUSTON - Texas Attorney General Greg Abbott today resolved the state’s enforcement action against Conn’s, Inc. In May, Conn’s was charged with failing to honor product warranties, misleading customers about the nature of its products, false advertising and other violations of the... »
TV Repair Recession Ending?
Recently on Al Leatherman's list, a post was made wondering now that Bernacke has stated the recession is over; When could the independent service industry expect see a recovery. I predict near mid-month November of this year. My analysis of the data begs the conclusion that other than low margin crap, consumer electronics sales will be at or slightly above last year.... »
Sony Exits TV Manufacturing in U.S.?
Sony has announce the sale of their LCD TV manufacturing to a company called Foxconn and the agreement includes the sale to Hon Hai Precision Industry Group 90% of its shares in Sony Baja California and several other manufacturing operations related to Sony's Tijuana site in Mexico. Most of it's production goes to manufacturing LCD TVs for the the US... »
