November 8, 1990 |
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.
November 10, 1989 |
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.
December 6, 1995 |
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.
November 9, 1989 |
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.
January 31, 1995 |
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.
January 12, 1994 |
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.