Vannís To Liquidate - Home Theater Forum and Systems - HomeTheaterShack.com

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post #2 of 18 Old 09-25-12, 06:46 AM
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Re: Vannís To Liquidate

Sad to hear

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post #3 of 18 Old 09-25-12, 07:34 AM
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Re: Vannís To Liquidate

It really seems like it is getting harder and harder for an AV store to stay afloat.......
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post #4 of 18 Old 09-25-12, 08:33 AM
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Re: Vannís To Liquidate

I think besides the obvious reason (the economy as well as poor management) general consumers are themselves to blame for these failed AV stores.

General consumers (not the pure audio/videophile), want cheap decent (average) A/V products. Not really great products, just something that is bare minimum in terms of quality at a low cost.

With the rise of internet retailers, general consumers wanting to further save money, (no tax), went to these online stores..

Only way AV retailers can survive is thru custom installs but how many general consumers will need this? not many so AV retailers have to rely on the pure audio/vido phile which is a small niche market.
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post #5 of 18 Old 09-25-12, 08:47 AM
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Re: Vannís To Liquidate

I'm not sure if you can blame general consumers... they are the market. The blame rests squarely on the business model used to address the market.
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post #6 of 18 Old 09-25-12, 08:52 AM
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Re: Vannís To Liquidate

I agree that management failed to change their business models with the rise of the internet retailers but also the general consumer going to Walmart or Target who only want low cost are also partly the problem as well.

For the true audio/videophile who wants high quality audio/video will support these AV specialty stores but with more internet retailers selling high end items at lower costs, this will also hurt AV specialty stores as well.

Management will have to change that is for sure.
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post #7 of 18 Old 09-25-12, 09:44 AM
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Re: Vannís To Liquidate

Sad, but I have to admit that I only purchased three items from Vanns - a DVD changer several years back and a pair of Klipsch Heresy IIIs this spring. Got good service, but the Heresys came from two different warehouses - one in MT and one in KY - and were not a matched pair. Guess that is all they had.

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post #8 of 18 Old 09-25-12, 10:09 AM
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Re: Vannís To Liquidate

Vann's is going bankrupt because:

Quote:
in 2010, Vann's began selling outdoor and recreational clothing through a website called bigskycountry.com.

"This endeavor diverted the investment of financial and staff resources at a critical time for the core business and did not take advantage of Vann's experience or reputation in its traditional product line," Vann's said in court documents.
http://online.wsj.com/article/SB1000...118094808.html
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post #9 of 18 Old 09-25-12, 10:57 AM
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Re: Vannís To Liquidate

I had my suspicious on whether or not they would be emerging from bankruptcy. Guess this answers that question. Shame too; over the years I've purchased things from them on-line, and didn't have any problems.

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post #10 of 18 Old 09-25-12, 11:01 AM
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Re: Vannís To Liquidate

Quote:
Mike P. wrote: View Post
Wow. That's pretty sad.
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