Posted on 09/12/2016 11:16:27 AM PDT by Impala64ssa
The man who turned the Crazy Eddie electronics stores into a retail giant before it collapsed amid federal fraud charges has died. Eddie Antar was 68.
The Bloomfield-Cooper funeral home in Ocean Township, New Jersey, confirmed Sunday that Antar died Saturday. A cause of death wasn't disclosed.
The Crazy Eddie chain was known for its ads featuring a maniacal pitchman who touted "Our prices are insane!"
Antar started working in Brooklyn, and the chain eventually grew into 43 stores. But he fled to Israel after being indicted on securities fraud and insider trading charges.
Antar was extradited to the United States in 1993 and was convicted on racketeering and stock fraud charges. That was overturned in 1995.
He eventually pleaded guilty to federal fraud charges and served a prison term.
(Excerpt) Read more at foxnews.com ...
Coney Island Avenue by Avenue U or Kings Highway. Think it turned into an A&S tire store.
Various people that patronized the chain said that the prices were above "normal" retail, and bringing in a competitor's ad was the only way to get a decent price, not to mention the high pressure sales/bait-and-switch tactics.
that was the actor in the ads, I remember him well
Sounds like Fretter Super Store in Detroit. Came in to buy the TV on sale and it was not available....pressured me into buying pricier one.
Though it did last 24 years.
If I put an honest comment here, I would be in jail before supper time.
The commercials in the NY area were constant.
Childhood memory now.......
First time I think ever used a mute button on a TV remote, was when those ads popped-up.
I’m not even from NYC but I still remember seeing this guy’s infomercials on UHF stations on Sunday mornings. He was more entertaining than the cartoons :)
Bought my first TV there long, long ago.
and because these ads were successful in driving business, other people copied them with similarly obnoxious hard sells. https://www.youtube.com/watch?v=yMe6B5QMwkE
So you knew Eddie!
God awful, damned dreadful stuff.
On the one hand, he was entertaining, on the other he was a bit annoying, but the gripping hand is I have never heard of this guy before now...but I have read Niven and Pournelle.
I read that book aloud to my wife once. That was my first thought when I saw the term "Crazy Eddie".
(I always wanted that wardroom coffeepot. I'd have gone in after it with guns blazing, just like they did in the book....)
I know people who were very very hurt by him.
(sorry for such a late reply)
Crazy eddie song http://www.musicradio77.com/other/CrazyEddieSong.mp3
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