Web21 de set. de 2014 · The original predecessor company to Crazy Eddie was ERS Electronics, which was founded by Eddie Antar, Sam M. Antar (Eddie's father), and Ronnie Gindi (a first cousin) in 1969. Eddie, Ronnie, and Sam M. owned equal 1/3 shares of ERS Electronics. The original store was located WebCrazy Eddie’s pro forma profit per store only grew from $606,122 per unit in fiscal year 1980 to $617,737 in fiscal year 1984. Crazy Eddie’s real per unit profitability was hardly growing at all, except in the minds of unsuspecting investors who were unaware that we simply reduced our skimming to enhance our so-called growth.
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WebLicensed to: iChapters User CASE 1.8 Crazy Eddie, Inc. In 1969, Eddie Antar, a 21-year-old high school dropout from Brooklyn, opened a con- sumer electronics store with 150 square feet of floor space in New York … WebAs a child in NJ during the 80s, you had to love the bold lies and commercial creativity of Crazy Eddie electronics. I don't find these blatant LI liars nearly as entertaining. Wage transparency laws are a joke. Way to enforce LI.. Trademark to the … floating headboard with storage
The Popular Electronics Chain That Scammed America - YouTube
Web12 de set. de 2016 · Sept. 11, 2016. Eddie Antar, the Brooklyn-born man who created the chain of Crazy Eddie electronics stores only to watch it collapse when an underlying fraud was exposed, died on Saturday. He … Web21 de jul. de 1993 · The Crazy Eddie chain grew from one family-owned store on Kings Highway in Brooklyn into one of the biggest retail electronics chains in the Northeast. … Crazy Eddie was a consumer electronics chain in the Northeastern United States. The chain was started in 1971 in Brooklyn, New York, by businessmen Eddie and Sam M. Antar, and was previously named ERS Electronics (ERS stood for Eddie, Rose and Sam; Rose and Sam were Eddie's parents). The chain rose to … Ver mais Eddie Antar's grandparents, Murad and Tera Antar, who were Syrian Jews, relocated to Brooklyn, New York from Aleppo, Syria. Murad and Tera worked in their market stalls alongside Arabs, including Ver mais Crazy Eddie stores were famous in the New York metro area for their advertisements, which featured Jerry Carroll as the star. … Ver mais Soon after the chain closed in 1989, a New Jersey-based investment group led by Alex Adjmi bought the rights to the Crazy Eddie trademark and announced in January 1990 that it had purchased the leases on Crazy Eddie's original location in Brooklyn and … Ver mais • Schulman, Michael. "Remembering Crazy Eddie: His Prices Were Insane". The New Yorker, September 17, 2016. • Weiss, Gary. Retail Gangster: The Insane, Real-Life Story of Crazy … Ver mais Almost from the beginning, Crazy Eddie's management engaged in various forms of fraud. The Antars deliberately falsified their books to reduce (or eliminate) their taxable income. They also paid employees off the books, and regularly skimmed thousands of dollars (in Ver mais On August 23, 2024, a book detailing the rise and fall of Crazy Eddie was released. Titled Retail Gangster and written by journalist Gary Weiss, the book chronicles, in significant detail, how Eddie Antar was able to build his business into one of the most profitable in … Ver mais • Companies portal • Sam Antar's 'Crazy Eddie' history page • CE Commercials Ver mais floating head car stereo