Steven Mathiesen

1927 -

• Name	Steven Mathiesen
  Born	CA 1927	of, Kitchener, Waterloo Region, Ontario, Canada
  Gender	Male
  Business	1957	Kitchener, Waterloo Region, Ontario, Canada
  	Steve's TV
  Eby ID Number	Waterloo-150680
  Person ID	I150680	Generations
  Last Modified	28 Jan 2025

  
  

• Notes

  Steve's TV, Movieworld stores closing as focus turns to home automation KITCHENER - Randy Martin says it was an extremely difficult \emdash but necessary \emdash decision. The doors to the Steve's TV and Audio and Steve's Movieworld stores inside the Frederick Mall will close in the coming weeks as the company refocuses its efforts on its home automation and custom integration business. "The retail business as it is now is not sustainable," says Martin, who acquired the company in 1996. "It's just been in a steady decline." Over the past decade or so, "we've seen a continuous price erosion or commoditization of the TV industry," he says. "There's no margin left."...... One bright spot has been home automation and custom integration systems, in which everything from door locks, surveillance systems and lighting to audio/visual equipment, climate control and motorized shades can be controlled on a single platform. "It continues to grow and is a positive part of the business," Martin says of the company's sales and installation services. While he plans to open a small boutique storefront to compliment the installation business and its associated technology, it doesn't require a large showroom. "Our efforts are less on being a retailer and more on being a custom installation and integration business," he says. Martin expects the two Frederick Mall stores will close in early July; liquidation sales are underway...... Steve's TV and Audio was founded by Steve Mathiesen in 1957 as a television and radio repair business, transitioning into retail sales, service and installation. Movieworld opened in 1981. "It's one of the last-standing video stores," says Martin. In 1984, the businesses moved to a standalone building beside the Frederick Mall; the stores moved to separate storefronts inside the mall in 2015..... Davis, B. (2017). Steve's TV, Movieworld stores closing as focus turns to home automation | TheRecord.com. TheRecord.com. Retrieved 15 June 2017, from https://www.therecord.com/news-story/7372107-steve-s-tv-movieworld-stores-closing-as-focus-turns-to-home-automation/

  
  

• Event Map

  Born - CA 1927 - of, Kitchener, Waterloo Region, Ontario, Canada Business - Steve's TV - 1957 - Kitchener, Waterloo Region, Ontario, Canada  = Link to Google Earth