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How insane is this? Magic Investments, a family owned, New York area firm has purchased the Crazy Eddie retail name and intends to bring it back in several forms, including online, in brick-and-mortar locations and with licensed products.
Crazy Eddie, at one time, was a consumer electronics retailer located in the Northeastern United States. It was started in 1971 and was liquidated via bankruptcy proceedings in 1989. At one time, the chain operated 43 stores with $300 million in annual revenue.