Samiksha Jaiswal (Editor)

Good Guys (American company)

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Former type
  
Electronics

Fate
  
Acquired by CompUSA

Website
  
None

Founded
  
July 1973

Industry
  
Retail

Products
  
Consumer electronics

Ceased operations
  
2003

Defunct
  
2003 (acquired), 2005 (all stores renamed/closed)

Headquarters
  
Brisbane, California, United States

The Good Guys was a chain of consumer electronics retail stores with 71 stores in California, Nevada, Oregon, and Washington. The company was headquartered in Brisbane, California in the Dakin Building in the early 1990s and subsequently in Alameda, California until it was bought in late 2003 by CompUSA. The Good Guys was founded in 1973 by Ron Unkefer on Chestnut Street, San Francisco. By 2006, all of the company's stores had closed.

Contents

Re-launch

After all The Good Guys stores closed, CompUSA began marketing all California and Hawaii stores as CompUSA with The Good Guys Inside in response to Best Buy's new marketing campaign with Magnolia Inside. However, this marketing campaign was dropped in an attempt to further separate CompUSA from the Good Guys name, and assist in launching its new Home Entertainment sections in select locations. The Good Guys name once again no longer existed in 2008 when CompUSA closed its remaining stores. Extended warranties on televisions purchased through The Good Guys or CompUSA can still be accessed through General Electric Extended Warranties.

Hostage crisis

In 1991, one of the stores in the chain located in Sacramento was taken over by four armed robbers. This event became the largest hostage rescue operation on home soil in U.S. history to date, with about fifty hostages being held at gunpoint.

References

Good Guys (American company) Wikipedia