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Asset management company purchases the inventory of Boston area Fretter stores; major sale begins Wednesday, Nov. 15.


BOSTON--(BUSINESS WIRE)--Nov. 14, 1995--Hilco/Great American, a nationally known asset management company, has purchased the entire inventory of the Fretter Stores in the Boston area, as well as the Silo silo, watertight and airtight structure for making and storing silage. Silos vary in form from a covered pit, such as was used by the early Romans, to the modern storage tower, dating from the 19th cent.  Stores in Chicago, Philadelphia, Phoenix, Tucson and Las Vegas Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. .

The company is conducting an "Inventory Clearance Sale" in the former Fretter store locations in the Boston area on Wednesday, Nov. 15.

"We've conducted this type of sale for a variety of retail companies all over the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area.  and Canada," said Gary Mintz, president of Hilco/Great American. "Since we purchased the inventory, we can offer the customer first quality, name brand merchandise at exceptional prices."

According to according to
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 Mintz, all items purchased from the former Silo locations come with the normal manufacturer's warranties and extended warranties The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
 can be purchased for an additional price. "With respect to warranties, we offer the customers the exact same services as other major appliance A major appliance is usually defined as a large machine which accomplishes some routine housekeeping task, which includes purposes such as cooking, food preservation, or cleaning, whether in a household, institutional, commercial or industrial setting.  retailers."

Mintz went to explain that for customers who have purchased merchandise at Silo before Hilco/Great American took over, Silo has provided 800 number service so that customers can contact Silo directly. These numbers are: 800/800-9827 or 800/800-2070.

For extended warranty service, customers can contact the numbers found on their extended warranty contracts. Extended warranty contract services are typically performed by local service companies and all service contracts purchased from the former Silo stores remain in effect.

"Our store managers and associates are ready and anxious to serve customers to choose from a wide variety of merchandise available, including washers, dryers, refrigerators, audio systems, and televisions," Mintz concluded.

CONTACT: Fox & Associates Inc.

Chuck Fox, 818/762-9898
COPYRIGHT 1995 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1995, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Nov 14, 1995
Words:270
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