32 Facts About Emerson Radio

Emerson Radio Corporation is one of the United States' largest volume consumer electronics distributors and has a recognized trademark in continuous use since 1912.

Emerson Radio quickly went from the self-claimed third largest US record manufacturer into receivership.

In late 1972 National Union Electric announced that Emerson Radio was discontinuing distribution of television sets and other home entertainment products.

In 1973 Emerson Radio sold its license for marketing products under the Emerson Radio name to Major Electronics Corp.

In 1979, Emerson Radio began selling Heart Aid, after purchasing a large portion of Cardiac Resuscitator Corp.

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Emerson Radio spent heavily to develop and produce both an improved Implantable cardioverter-defibrillator and a pacemaker.

Emerson Radio dropped its last US -made product, the phonograph line, in 1980 because it became unprofitable due to rising labor costs.

In 1984, Emerson Radio signed a 10-year contract with Orion Electric to produce a line of VCRs to its existing product lineup.

In 1986 Emerson Radio began importing and marketing compact refrigerators and Hi-Fi stereo VHS VCRs.

Emerson Radio fell into technical default on its long-term debt of $55.

In early 1995, in an effort to cut costs, Emerson Radio licensed the manufacture of certain video products under the Emerson and G Clef trademarks for a three-year period to Otake Trading Co.

Emerson Radio licensed the sale of these products in the United States and Canada for the same period to Wal-Mart Stores, Inc As a result, Emerson's net sales fell from $654.

Also in 1995, Emerson Radio entered the home theater and car audio fields, and the $900-million-a-year home and personal security market with a carbon monoxide detector.

Emerson Radio planned to eventually lend its name to burglar alarms, motion detectors, personal alarms, smoke detectors, and safety lights; however, the company left this field in fiscal 1997.

Additionally, Emerson Radio announced it would license the Emerson Radio name to more than 250 audio and video accessories made by Jasco Products Co.

Kenneth S Grossman, a private investor, along with Oaktree Capital Management, a Los Angeles-based investment firm that held a smaller stake in Emerson Radio, proposed to buy Jurick's holdings in the company for more than $14.

In 1999, Emerson Radio signed five-year license and supply agreements with Cargil International covering the Caribbean and Central and South American markets, along with WW Mexicana for certain consumer products to be sold in Mexico.

Emerson Radio depended heavily on Wal-Mart Stores, which took about 52 percent of its goods in fiscal 1999, and Target Stores, Inc, which took about 24 percent.

In January 2003, Emerson Radio announced it had entered into a letter of intent naming Sanlian Group of Shandong, China the exclusive distributor of Emerson Radio branded products through its subsidiary, Sanlian Household Electric Appliance Company.

The agreement contemplated the supply and distribution of Emerson Radio originated product categories through SHEAC's 200 retail stores and maintenance service centers as well as its extensive BtoB and BtoC e-commerce network.

Emerson Radio's main focus is the distribution and sale of low to moderately priced products, therefore their distribution is primarily through mass merchants, discount retailers, specialty catalogers, and the Internet.

Emerson Radio pioneered the Smartset clock radio which automatically sets itself with the correct time and date using a battery back-up oscillator time base to accurately set the clock's time when the alarm clock is powered-on and after a power outage.

Also during their first years, Emerson Radio offered one of the last of the external-horn phonographs, which sold for only $3.

In 1947 Emerson Radio offered a television set with a 10-inch tube, which retailed for $375.

When Emerson purchased Allen B DuMont Laboratories, Inc in 1958, a higher-priced line of television sets, phonographs and high-fidelity and stereo instruments, along with the DuMont trademark was added to Emerson's products.

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In 1979, Emerson Radio began selling Heart Aide, after purchasing a large portion of Cardiac Resuscitator Corp.

Emerson Radio spent heavily to develop and produce both an improved implantable cardioverter-defibrillator and a pacemaker.

In 1982, Emerson Radio manufactured the Arcadia 2001, the most well-known of the "Emerson Radio Arcadia 2001" second-generation 8-bit game console variations.

In 1983, Emerson Radio began selling re-branded Goldstar televisions at inflated prices for a substantial profit.

In 1995, Emerson Radio entered the home theater and car audio fields, and the $900-million-a-year home and personal security market with a carbon monoxide detector they left this field in 1997.

Also in 1995, Emerson Radio announced it would license its name to more than 250 audio and video accessories made by Jasco Products Co.

Emerson Radio began manufacturing and selling television and video products bearing the Emerson Radio and G Clef trademark to US retailers in 1999.