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BUSINESS
December 6, 1995 | PAUL H. JOHNSON, TIMES STAFF WRITER
Silo Holdings Inc., a Philadelphia-based chain of retail consumer electronics stores that made an unsuccessful foray into the Southern California market, filed Tuesday for federal bankruptcy protection. The move came two weeks after the corporation liquidated its warehouse stock and began closing many of its stores, including 11 in the San Diego area, Silo President Stuart Cone said.
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CALIFORNIA | LOCAL
April 20, 1994 | ANNA CEKOLA, TIMES STAFF WRITER
In one of the few cases of its kind, Dist. Atty. Michael R. Capizzi announced a $100,000 fine and settlement Tuesday in a lawsuit brought against Silo Inc. under a state consumer protection statute that covers credit card use. The lawsuit, filed in December, alleges that Silo Inc. and Silo California Inc.
BUSINESS
January 31, 1995 | Times Staff and Wire Reports
Parent of Silo Electronics Stores Picks L.A. Agency: Michigan-based Fretter Inc. selected Admarketing of Los Angeles to handle advertising for its retail electronics stores, which operate under the Silo name in the west. Billings weren't disclosed, but are believed to range between $60 million and $80 million.
BUSINESS
November 8, 1990 | Chris Woodyard / Times staff writer
Sounds of Silo: Electronic warfare has broken out. Silo Inc., a Philadelphia-based consumer electronics chain, has joined an increasingly competitive local market by opening three stores in Orange County. A fourth store is planned. The chain, which ran a television advertising campaign that implied missile silos were being dug in the Los Angeles area, will face off against newcomer The Good Guys! and the already entrenched Circuit City.
BUSINESS
November 10, 1989 | CARLA LAZZARESCHI, TIMES STAFF WRITER
Atari Corp., the Sunnyvale computer and video game maker, confirmed Thursday that it has reached a tentative agreement to sell 26 of its ailing Federated Group consumer electronics stores to Silo Inc., a nationwide electronics retailer. Terms of the deal, expected to close within months, were not revealed.
BUSINESS
December 6, 1995 | PAUL H. JOHNSON, TIMES STAFF WRITER
Silo Holdings Inc., a Philadelphia-based chain of retail consumer electronics stores that made an unsuccessful foray into the Southern California market, filed Tuesday for federal bankruptcy protection. The move came two weeks after the corporation liquidated its warehouse stock and began closing many of its stores, including 11 in the San Diego area, Silo President Stuart Cone said.
BUSINESS
November 9, 1989 | CARLA LAZZARESCHI, TIMES STAFF WRITER
Atari Corp., the video game and computer maker, confirmed Wednesday that a sale of all or part of its faltering Federated Group consumer electronics retailing chain may be imminent. Although Atari declined to reveal the potential buyer or buyers and refused to discuss prices, industry sources said Silo Inc., a Philadelphia company that operates 210 electronics outlets nationwide, is interested in acquiring the 21 Federated stores in Southern California.
BUSINESS
January 31, 1995 | Times Staff and Wire Reports
Parent of Silo Electronics Stores Picks L.A. Agency: Michigan-based Fretter Inc. selected Admarketing of Los Angeles to handle advertising for its retail electronics stores, which operate under the Silo name in the west. Billings weren't disclosed, but are believed to range between $60 million and $80 million.
BUSINESS
January 12, 1994 | GEORGE WHITE, TIMES STAFF WRITER
Silo, a Philadelphia-based consumer electronics retailer, has closed six of its Southland stores, but the company refused to comment on reports that it plans to close its nine remaining stores in Los Angeles, Orange and Ventura counties. The company also has 11 stores in San Diego County, but Silo spokesman Michael Randels said those stores will stay open.
CALIFORNIA | LOCAL
April 20, 1994 | ANNA CEKOLA, TIMES STAFF WRITER
In one of the few cases of its kind, Dist. Atty. Michael R. Capizzi announced a $100,000 fine and settlement Tuesday in a lawsuit brought against Silo Inc. under a state consumer protection statute that covers credit card use. The lawsuit, filed in December, alleges that Silo Inc. and Silo California Inc.
BUSINESS
January 12, 1994 | GEORGE WHITE, TIMES STAFF WRITER
Silo, a Philadelphia-based consumer electronics retailer, has closed six of its Southland stores, but the company refused to comment on reports that it plans to close its nine remaining stores in Los Angeles, Orange and Ventura counties. The company also has 11 stores in San Diego County, but Silo spokesman Michael Randels said those stores will stay open.
BUSINESS
September 17, 1993 | From Times Staff and Wire Reports
Silo Stores to Be Shed in Merger: Dixon Group, Britain's leading consumer electronics retailer, said it has agreed to sell the money-losing Silo chain of 183 stores in the United States to Fretter Inc. for a stake in the American retailer. Dixon is to receive 30% of Fretter's shares: $30 million in convertible preferred stock that, fully converted, would amount to 49% of Fretter--and $15 million in preferred stock. Fretter will get 70% of the combined company, renamed YES!
BUSINESS
November 12, 1990 | STUART SILVERSTEIN, TIMES STAFF WRITER
How sweet it's been. Since Circuit City Stores opened in the Los Angeles area five years ago, it has devoured the nation's biggest and most lucrative consumer electronics market. Circuit City has been selling an estimated five times as many TV sets and compact disc players as its closest rivals in Los Angeles and Orange counties, and the company has helped drive out merchants that once were prominent here: Federated Group, Pacific Stereo and Golden Bear.
BUSINESS
November 10, 1989 | CARLA LAZZARESCHI, TIMES STAFF WRITER
Atari Corp., the Sunnyvale computer and video game maker, confirmed Thursday that it has reached a tentative agreement to sell 26 of its ailing Federated Group consumer electronics stores to Silo Inc., a nationwide electronics retailer. Terms of the deal, expected to close within months, were not revealed.
BUSINESS
November 12, 1990 | STUART SILVERSTEIN, TIMES STAFF WRITER
How sweet it's been. Since Circuit City Stores opened in the Los Angeles area five years ago, it has devoured the nation's biggest and most lucrative consumer electronics market. Circuit City has been selling an estimated five times as many TV sets and compact disc players as its closest rivals in Los Angeles and Orange counties, and the company has helped drive out merchants that once were prominent here: Federated Group, Pacific Stereo and Golden Bear.
BUSINESS
November 9, 1989 | CARLA LAZZARESCHI, TIMES STAFF WRITER
Atari Corp., the video game and computer maker, confirmed Wednesday that a sale of all or part of its faltering Federated Group consumer electronics retailing chain may be imminent. Although Atari declined to reveal the potential buyer or buyers and refused to discuss prices, industry sources said Silo Inc., a Philadelphia company that operates 210 electronics outlets nationwide, is interested in acquiring the 21 Federated stores in Southern California.
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