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Tweeter

Headquarters: 40 Pequot Way
Canton, MA 02021
(781) 830-3000
Employees: 3,300
Interim CEO: Joe McGuire
Stock Symbol: TWTR
Website: http://www.tweeter.com

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Tweeter operates a chain of regional electronics stores offering mid- to high-end products including home stereo systems, camcorders and big-screen televisions.

In fiscal 2004, revenues were $774 million with a loss of $18.1 million.

The company announced in April it would close 19 underperforming stores but is still opening several new stores this year.

Tweeter now operates 158 stores under the Tweeter, hifi buys, Sound Advice, Showcase Home Entertainment and Hillcrest High Fidelity names in the New England, Las Vegas, Texas, Southern California, Mid-Atlantic, Chicago, Southeast, Florida and Phoenix markets.

Tweeter was founded in 1972 by current company Chairman Sandy Bloomberg. The company went public in July, 1998.

Benefits

Benefits available to those working 30+ hours per week include:

- Medical Insurance
- Dental Insurance
- Vision Care
- Life Insurance
- Accidental death and dismemberment insurance
- Employee Assistance Program
- Disability Programs (STD/LTD)
- 401(k)
- Paid discretionary time (must be working at least 40hrs/week)
- Tuition Reimbursement
- Vacation Time
- Credit Union
- Employee Stock Purchase

Employees also get discounts on Tweeter merchandise and also free concert tickets.

Updated May 30, 2005

 

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