Soft economy sets tone for "challenging" year

02/26/2008 | TWICE

The slump in consumer-electronics spending, seen in disappointing holiday and Super Bowl results, is likely to last through much of 2008, executives acknowledged. "It will be a challenging year," said Jim Ristow, executive vice president of Home Entertainment Source (HES), the specialty A/V division of Brand Source. "People will have to fine-tune their businesses to come out strong."

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