Emerson Radio Corp. designs, sources, imports, and markets a houseware and consumer electronic products. The company also licenses its trademarks to others on a worldwide basis for various products. The company’s houseware products include microwave ovens and compact refrigerators. Its audio products include clock radios and portable audio products. The company’s other products include televisions; mobile and landline telephones and accessories; tablet computers and accessories; cameras and video cameras and accessories; and miscellaneous electronic and novelty products. Sales and Distribution The company’s direct import program allows its customers to import and receive product directly from export port in the country of manufacture outside the United States. Under the direct import program, title for the company’s product passes to the customer in the country of origin when the product is shipped by the company’s subsidiary in China. The company also sells product to customers from its United States warehoused inventory, which is referred to as the domestic program. Under the domestic program, title for product typically passes at the time of shipment. In the United States, the company markets its products primarily through mass merchandisers. In fiscal 2015, Target accounted for approximately 51% of the company’s net revenues, and Wal-Mart accounted for approximately 28% of the company’s net revenues. Suppliers The company’s suppliers include Midea, Hisense, and Wanbao. Trademarks The company owns the following principal trademarks for certain consumer electronic products in the United States, Canada, Mexico and various other countries: Emerson, Emerson Research, H.H. Scott, iDEA, IDIVA, Ölevia, Scott, and SmartSet. History Emerson Radio Corp. was founded in 1948. The company was incorporated in Delaware in 1994.
emerson radio corp
(MSN:Consolidated issues listed on NYSE MKT LLC)
3 University Plaza
Hackensack, NJ 07601
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