If you live in one of the states below, you may want to check and see what recourse you may have if you have bought a hearing aid at one of the Zounds stores. They are usually located in malls/shopping centers. Again, if you are going to buy a hearing aid from one of these places, it is very important that you check them out via the Better Business Bureau to see if there are any complaints. Usually, these places only sell a few brands of hearing aids and once the store is closed, you really are stuck with having a hearing aid that no service is available for. And, if you still have one with a 'warranty', no place to send or take it to for service.
Mesa, AZ-based Zounds, Inc. filed chapter 11 bankruptcy on Mar. 30, 2009 in the U.S. Bankruptcy Court for the District of Arizona. The company operates a chain of Zounds Hearing Aid Centers in AZ, DE, FL, MA, MO, MI, NJ, OR, PA, TX and WA. The company listed between $10 million and $50 million in assets and liabilities on its petition. According to
Hoovers, the company reported $15.5 million in 2007 sales.
According to CoStar Tenant, the company opened at least five hearing aid centers during 2008 and now operates at least 21 stores. The typical Zounds is 2,000 square feet and located at a mall. In addition, Zounds occupies 18,878 square feet of space, serving as its headquarters, at the Stapley Corporate Center in Mesa.