<Tr> <Th> Key people </Th> <Td> Mark Wattles </Td> </Tr> <Tr> <Th> Products </Th> <Td> Consumer electronics </Td> </Tr> <P> Ultimate Electronics was a chain of consumer electronics stores which filed for bankruptcy twice after 2006, liquidating and ceasing operations in 2011 . At its peak, the store operated in Arizona, Colorado (where it originated as Pearse Electronics), Illinois, Iowa, Idaho, Kansas, Minnesota, Missouri, Nevada, New Mexico, Oklahoma, Oregon, Massachusetts, New Hampshire, New York, South Dakota, Texas, Pennsylvania, Utah, and Wisconsin . It was originally incorporated in the state of Delaware with principal offices in Thornton, Colorado . Stores originally operated under other various names, including SoundTrack Colorado and Audio King Minnesota, Iowa, and South Dakota . </P> <P> Ultimate began a large expansion campaign in 2000 and by 2004 the company had doubled its store count to 64, leading to the company filing for bankruptcy . </P>

When did ultimate electronics go out of business