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Electronics boutique reorganizes, cuts kids, collectibles divisions.(Brief Article)

DSN Retailing Today

| February 25, 2002 | Desjardins, Doug | COPYRIGHT 2003 Reproduced with permission of the copyright holder. Further reproduction or distribution is prohibited without permission. (Hide copyright information)Copyright

WEST CHESTER, PA. -- Video game retailer Electronics Boutique is getting back to basics this year with plans to open 200 new stores and eliminate its kids and sports divisions.

The 937-store company plans to close its 29 EB Kids stores and try to find a buyer for its 22-unit BC Sports Collectibles chain. Company president and ceo Jeffrey Griffiths said both initiatives should be completed by June.

"These actions will enable Electronics Boutique to focus on our core video game business," said Griffiths in a conference call with analysts Feb. 4. "In short, without the distractions of other store formats, we can focus on what we do best."

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