Abt Electronics, Inc. · Glenview, IL United States
Company Description
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This link will open in a new window Looking for a $10,000 loudspeaker or just a moderately priced clothes dryer? Abt Electronics & Appliance is apt to have it. Abt has just one location -- a massive 37-acre megastore with a parking lot that accommodates 1,000 cars in suburban Chicago, where the natives tend to incorrectly call the store "A-B-T." One of the country's largest independent retailers of electronics and appliances, the company carries mostly name brands and targets affluent Chicagoans with high-end products such as Bang & Olufsen audio systems and Sub-Zero refrigerators. It also markets products through its Web site and services everything sold. Founded in 1936 by David and Jewel Abt, the company is still family owned. To read the full description, subscribe now.
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Key Abt Electronics, Inc. Financials
| Company Type | |
| 2005 Sales (mil.) | $260.0 |
| 2005 Employees | 1,040 |
Abt Electronics, Inc. Executives
9 executives listed for Abt Electronics, Inc.'s Glenview, IL location.
| Title | Name & Bio | Contact |
| CEO | Robert Abt | Network |
| President | Michael Abt | Network |
| VP | Billy Abt | Network |
Competition
Competitive Landscape for Abt Electronics, Inc.
Demand for aftermarket parts is driven by the age and mileage of vehicles in use and generally increases when fewer new cars are sold and older cars are kept on the road longer. The profitability of individual companies depends largely on inventory management and marketing. Large companies have economies of scale in purchasing and distribution. Small companies can compete effectively by carrying specialized parts or providing extra services such as machining or fast delivery. Average annual revenue per employee for wholesalers is about $535,000, meaning the segment is capital-intensive. Average annual revenue for retailers is about $120,000, meaning the segment is labor-intensive. To read the full description, subscribe now.Top Abt Electronics, Inc. Competitors
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