Circuit City Files For Bankruptcy

WillDraven is just one of many who writes to tell us that Circuit City, the United States' 2nd largest consumer electronics retailer, has filed for bankruptcy under chapter 11. This news comes as no surprise as the company has been in financial trouble, recently announcing that it will be closing over one fifth of its stores and laying off 17% of its US employees in the process. "Larger rival Best Buy, which is based in Minneapolis, has said it might take over stores that distressed rivals close. Yet a flood of discounted merchandise from liquidating Circuit City stores could hurt Best Buy during this holiday shopping season, said Jefferies & Co analyst Dan Binder."

Comments

Re:I can't bring myself to have much pity for them

[Spazztastic]

... given the fact that they treat their customers like criminals. Besides which, my local electronics place usually beats them on price -- and there's always online shopping.

It sounds like he was nothing more then some smug jerk who was too infatuated with gloating about his rights and showing them off. He shouldn't have refused to show the officer his ID. The security staff blocking the car is one thing and could have lead to a fine on their part. He did nothing wrong by refusing to show a receipt. He did nothing wrong by refusing to obey the security guard and manager. He did something wrong when he refused to show ID to the police officer. I'm not familiar on Ohio law, but in many places it's illegal to not have some form of ID when over 18.

I'd like to see this guy to a BJ's or Costco in the US and try to walk past the person checking receipts, which is standard at those stores.

And I have a feeling I'll get modded troll for this post.