FEATURE-In Wal-Mart era, upscale electronics stores hurt more - May 25, 2004 01:24 PM (Reuters) By Ellis Mnyandu NEW YORK, May 25 (Reuters) - Even though Americans are splurging on flat-panel televisions and DVD recorders, the nation's upscale electronics stores are struggling. Christmas is still months away, but analysts are already worried that the typical year-end boost could elude these retailers as competition escalates, forcing some to rethink their business strategies. Instead of counting profits, the nation's mid-to high-end electronics retailers are grappling with market-share losses that threaten to push them onto the sidelines of a booming $100 billion U.S. consumer electronics industry. The growing clout of Wal-Mart Stores Inc. (NYSE:WMT) and other mass-market retailers like Best Buy Co. Inc. (NYSE:BBY) has put the typically small but upscale electronics stores such as Tweeter Home Entertainment Group Inc. (NASDAQ:TWTR) and Ultimate Electronics Inc. (NASDAQ:ULTE) on the defensive. ... - http://finance.lycos.com/home/news/story.asp?story=41632507 ---------------------------------------------------------------------- You can UNSUBSCRIBE from the OpenDTV list in two ways: - Using the UNSUBSCRIBE command in your user configuration settings at FreeLists.org - By sending a message to: opendtv-request@xxxxxxxxxxxxx with the word unsubscribe in the subject line.