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Powerhouse (shop)
Powerhouse was a United Kingdom electrical goods retail chain which went into administration in 2003 and finally entered receivership in August 2006. At one time it was the third largest trader in the UK electrical goods market.
== Company history and details ==
Powerhouse was born in 1992 from a management buyout of the retail arms of Southern Electric, Midlands Electricity and Eastern Electricity. The head office was based in Bicester. In an attempt to differentiate themselves in the market they positioned themselves as 'local experts' with each stores main sign bearing the towns name. To fill gaps in their product lineup many stores had concessions for Time Computers and their short-lived mobile phone arm Time Talk. There was also a close relationship with Sony - all stores up until the PRG buyout had 'Sony In-Store' sections where Sony products were isolated on backlit gondolas. nPower were also partners, with Powerhouse acting on their behalf to sign up new customers. This was a sound theory, as Powerhouse's strengths were in the MDA sectors and these deals helped their offering look competitive. However, Time Computers was not in good shape. Time Talk barely lasted 12 months. All Time concessions had closed by 2002 but were not officially refurbished. It was left to the individual store to best use the space as they saw fit.
Powerhouse initially traded strongly and bought out the Scottish Power retail outlets in an attempt to widen their footprint. Very little effort was put into refurbishing the 'jock shops' and the Scottish Power logo could often still be seen etched into the glass in the former surround sound and Hifi demo areas. Additionally, this led to some towns having more than one Powerhouse store (e.g. Nottingham).
At its peak, Powerhouse had 220 stores in 2000. In August 2003 following a very poor peak 2002 80 stores were immediately closed. The company continued to trade for two weeks while looking for a buyer. At the end of the two weeks the company went into administration.
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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