NASDAQ, ARCI - Applnc Rcycl Ct Amer
We are a leading retailer and recycler of major household appliances. We
generate revenues from:
1. Retail sales of appliances at our ApplianceSmart? factory outlets.
2. Fees charged for collecting and recycling appliances for utilities and
other companies.
3. Selling materials from the appliances that we collect and recycle,
including appliances from our ApplianceSmart factory outlets.
We were incorporated in Minnesota in 1983, although through our predecessors we
began our appliance retail and recycling business in 1976. Our principal office
is located at 7400 Excelsior Boulevard, Minneapolis, Minnesota 55426-4517.
References herein to our company include our operating subsidiaries. (See
Exhibit 21.1.)
Industry Background
In the United States, more than 500 million major household appliances are
currently in use. ...
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