In the UK, the company has been involved with the liquidation, property closures and stock clearances of many high street names including Focus DIY, Jessops and First Quench Retailing.
Boston's Gordon Brothers Group took over the company from the original family, appointing Bill Weinstein as president.
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Due to severe financial problems following a contract dispute with Philips, on August 16, 2013, Coby Electronics Corporation went out of business, with Gordon Brothers Group acquiring inventory, fixtures, equipment, intellectual property, global trademarks and patents.