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TheBolt

The official blog of Abt Electronics & Appliances

Posts Tagged ‘marc cook’

Dollars for Dishwashers???

Friday, August 28th, 2009


“Cash for Appliances” is the latest Federal stimulus program. Similar to the “Cash for Clunkers” program, the government is hoping to stimulate the economy and help consumers save money in the long run with Energy Star appliances.

According to an article in today’s Wall Street Journal (where Abt’s showroom was featured), each state will individually determine how much of a $50 to $200 rebate will be offered for specific energy-saving appliances.

Abt’s General Manager, Mark Cook, spoke with both ABC and NBC’s local news stations about the latest incentive program on August 26, 2009.

Abt is currently offering great deals on Energy Star Appliances, contact any Abt appliance specialist for details. Click Here

For more information on the new Federal Program, “Cash for Appliances,” Click here

Also, to read more on “Cash for Appliances” follow the link to the Wall Street Journal Article, Click here

 

-Kelly B.

Abt Electronics On Fox News Regarding State of Durable Good Economy

Monday, August 3rd, 2009

There have been many discussions on the news regarding consumer buying confidence and its relation to the current state of the stock market. On Wednesday, July 29th, the Commerce Department released data that showed new durable goods orders fell 2.5% in June, which is the largest percentage drop since January, after rising in May. However, if you take away the transportation (aircrafts, cars, and boats) sector, orders were actually up 1.1% in June. This was the largest advance in four months!

The next day, Fox News came in to Abt Electronics to find out how sales and buying confidence were doing. Fox chose Abt because we are one of the largest, single-store retailers in the country. Carina Soon spoke with Jon Abt and General Manager Marc Cook about how business is going and if we had been impacted by the down economy. As with most businesses, certain departments have decreased in sales. But unlike those businesses, our main store has seen an increase in sales. This tells us that even when the stock market is facing hardships, our core values are what keep our customers coming back. “Everyday low prices, wide selection, free shipping and quality service.” – Jenn A.