Monday July 10, 8:45 am ET
RICHMOND, Va., July 10 /PRNewswire-FirstCall/ -- Circuit City Stores, Inc., a leading specialty retailer of consumer electronics, today announced plans to introduce audio and video component product lines from Denon Electronics and Boston Acoustics, Inc. at http://www.circuitcity.com and Circuit City stores nationwide starting in late September 2006.
"As part of Circuit City's improved home entertainment offering, we are excited to add Denon and Boston Acoustics' premium brand products in our stores and on circuitcity.com," said Randy Wick, senior vice president, general merchandise manager of consumer electronics at Circuit City Stores, Inc. "We are always evaluating our product assortment to ensure we offer top- of-the-line merchandise to our customers. The premium position that Denon and Boston Acoustics occupy in the industry will be a perfect complement to our innovative home entertainment expansion, which we plan to rollout in 500-plus stores by the end of this year."
Denon is one of the world's premier manufacturers of high-quality home entertainment components. Known for their reliability and performance, Denon's audio/video products are innovative, with the latest technologies and fine craftsmanship. Products planned to be offered at Circuit City include A/V receivers, stereo receivers, DVD players and home theater systems.
Boston Acoustics is a premier manufacturer of high-performance speakers and audio solutions, and is a renowned value leader in the audio industry. Boston Acoustics designs, manufactures, and markets audio systems for use in home music and audio-video systems and after-market and original equipment manufacturer (OEM) automotive systems. Products planned to be offered at Circuit City consist of home audio speakers, including in-wall and outdoor speakers, table radios and home theater speaker solutions.
"We are very enthusiastic about Circuit City's commitment to home entertainment merchandising with their store enhancements, as well as their renewed commitment to the component audio category. We are pleased to make our products available to their customers," said Bob Weissburg, president of sales and marketing at D&M Holdings, Inc., owner of the Denon and Boston Acoustics brands.
About Circuit City Stores, Inc.
Circuit City Stores, Inc. (NYSE: CC - News) is a leading specialty retailer of consumer electronics. The domestic segment operates through 630 Superstores and five other locations in 158 U.S. markets. The international segment operates through more than 950 retail stores and dealer outlets in Canada. Circuit City also operates Web sites at http://www.circuitcity.com and at http://www.thesource.ca.
About Denon Electronics
Denon is a world leader in the manufacture of the highest quality home theater, audio and software products. Denon is recognized internationally for innovative and groundbreaking products and has a long history of technical innovations, including the development and first commercialization of PCM digital audio. Denon Electronics is owned by D&M Holdings, Inc.
About Boston Acoustics
Founded in 1979, Boston Acoustics, Inc. designs, manufactures and markets high performance audio systems for use in home music and audio-video systems, after-market and OEM automotive systems, and customer built-in audio systems. Highly regarded for creating The Boston Sound(TM), the company is renowned for delivering superior, competitively priced products emphasizing performance, consistency and value. For further information, visit the company's Web site at http://www.bostonacoustics.com.
About D&M Holdings, Inc.
D&M Holdings, Inc. (Tokyo: 6735 - News) is based in Tokyo and owns the Denon, Marantz, McIntosh Laboratory, Boston Acoustics, Snell, D&M Professional, ReplayTV, Rio and Escient brands. Denon, Marantz, McIntosh and D&M Professional are global industry leaders in the specialist home theater, audio/video consumer electronics or professional audio markets, with a strong and long-standing heritage of manufacturing and marketing high-performance audio and video components. Boston Acoustics, with its signature Boston Sound(TM), is a leader in premium loudspeakers for home and audio markets. Snell is a super premium speaker brand. The ReplayTV, Rio and Escient brands represent award-winning technologies in digital home entertainment. Additional information is available at http://www.dm-holdings.com.
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