The Wiz (store)
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2004 (online retailer owned by P.C. Richard)
|Defunct||2003 (retail stores only)|
|Headquarters||Carteret, New Jersey|
|Products||Computers, televisions, VCRs, and DVD players|
|Parent||Cablevision (electronics chain)|
P.C. Richard & Son (online retailer)
The Wiz, also known at times as Nobody Beats the Wiz, was a chain of electronic stores in the northeastern United States, located primarily in New York, Pennsylvania and New Jersey. Some locations were in Canada as well.
The chain was founded by four brothers, Stephan, Lawrence, Marvin, and Douglas Jemal, in New York City in 1977. Later, it officially changed its name to its well-known advertising slogan, "Nobody Beats The Wiz." During the early-to-mid 1990s "Nobody Beats The Wiz" was a major sponsor for all local NY sports franchises, including the Yankees, Knicks, Mets, New Jersey Nets, Rangers, New Jersey Devils and Islanders, and in other areas, the Baltimore Orioles, and had a significant television advertising presence during local sports events, including the infamous Jeffrey Maier Incident during Game 1 of the 1996 ALCS. It also sponsored teams outside the NY area such as the Flyers, Whalers and Canadiens. In 1996, the company threatened legal action against the Major League Soccer franchise the Kansas City Wiz, who were renamed the Wizards as a response.
In 1998, after having expanded from roughly 20 stores to over 80 stores in less than a year, the chain filed for bankruptcy and was purchased by Cablevision for $80 million. Cablevision eventually dropped the "Nobody Beats the Wiz" slogan. At its peak, the firm's revenues were $1.4 billion, with 2000 employees, operating 94 stores in New York, New Jersey, Connecticut, Maryland, and Massachusetts. It also operated music-only stores in Maryland and the Washington, D.C. area.
The chain closed permanently in 2003. A Cablevision press release from February 16, 2003 stated: "Continuing to operate the stores is no longer a viable option for Cablevision as business conditions at the retailer eroded due to a weakened retail economy and other factors." Once the chain closed, one of its founders, Marvin Jemal, opened a new electronics chain, The Zone, in a number of former Wiz locations. The new chain, which heavily mentioned that it was from the founder of The Wiz, went out of business less than two years later.
In popular culture
The jingle is interpolated in the chorus of Biz Markie's hit, "Nobody Beats the Biz". Biz substitutes "the Biz" for "the Wiz". The Wiz was rumored to have sued Biz Markie for infringement, but this was not the case.
In the episode "Veiled Threat" from the show The King of Queens, Doug (in a flashback to his wedding day) mentions wanting a wedding gift of a CD player from The Wiz.
In the season 12 premiere of the show It's Always Sunny in Philadelphia, one of the characters' suggestions to switch back to their old bodies is to go to the store The Wiz to fix Dee's VCR, since they were watching the film The Wiz at the time.
- Crain's New York: "Nobody Beats the Wiz family's fall - The Jemal brothers struggle to re-create their days of discount-chain glory" By Aaron Elstein April 13, 2014
- West, Phil (August 9, 2017). "How Sporting Kansas City got their name". Major League Soccer. Retrieved January 28, 2021.
- Wax, Alan (2003-09-04). "The Wiz Gets Resurrected / Retailer P.C. Richard plays $1.8M for bankrupt rival's assets". Newsday. New York, New York. Retrieved 2017-11-11.
- Seth Goldstein (April 3, 2019). "The Iconic 'Nobody Beats the Wiz' #ThrowbackThursday". NYNJ.com. Retrieved January 6, 2020.
- Philly.com: "‘It's Always Sunny in Philadelphia's' season 12 opener may be the series’ most controversial episode yet" January 5, 2017