Fretter [SEP] dissolved or abolished
, DASH Concepts, and other.
The acquisition, assumption of Silo debt and lack of liquid assets, would lead the company into Chapter 11 bankruptcy, forcing the chain to close many locations. All Silo Electronics stores were closed by 1995, with all Fretter locations closing by May 1996.
Oliver Fretter died on June 29, 2014 at the age of 91.
the second largest retailer in this category, after Circuit City and larger than Best Buy, based on previous store sales, but Fretter immediately began closing redundant locations; where the company now had two or more stores in the same neighborhood. Fretter returned its main office to the Detroit area, to Brighton, Michigan. The company wanted to rebrand itself as YES! (Your Electronics Superstore) but this move did not make it to any of the stores, they all retained their original designations of Silo, Fretter, Fred Schmid