REX Stores Corp.

Public Company, Headquarters Location
2875 Needmore Rd., Dayton, OH 45414-4301, United States
(937)276-3931, (937)276-8643 fax, http://www.rexstores.com

Primary SIC: Radio T V & Electronics Stores, Primary NAICS: Radio, Television, and Other Electronics Stores
Description: REX Stores Corporation was incorporated in Delaware in 1984 as a holding company to succeed to the entire ownership of three affiliated corporations: Rex Radio and Television, Inc., Stereo Town, Inc., and Kelly and Cohen Appliances, Inc., which were formed in 1980, 1981 and 1983, respectively. The company is headquartered in Dayton, Ohio. Historically, the majority of revenue was derived from the operation of consumer electronics and appliance retail locations. In addition, the company has invested in various alternative energy entities beginning with synthetic fuel partnerships in 1998 and thanol production facilities in 2006. REX Stores began fiscal year 2008 with 115 retail stores. The stores averaged approximately 11,300 square feet and offered a broad selection of brand name products within selected major product categories, including big screen and standard-sized televisions, major household appliances, video and audio equipment and ready to assemble furniture. Reflecting the economic condition of the consumer electronics and appliance industry, the company is in the process of closing the majority of retail stores and expects to exit the consumer electronics and appliance retail business in fiscal year 2009. More

Retail: Consumer electronics and appliance store chain.