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Circuit City Closes Its Doors For Good

bsharma is amongst the hordes of people wanting us to share the news that long beleaguered retailer Circuit City has finally decided to close for good, asking for court approval to close the remaining 567 US stores. "Whalin said management mistakes over the past few years combined with the recession brought down Circuit City. 'This company made massive mistakes,' he said, citing a decision to get rid of sales people and other mismanagement. What's more, given the credit market freeze, Whalin added that no manufacturer wants to sell to any retailer who doesn't have money to pay for the merchandise. At the same time, Whalin said there's still a very slim chance that one or more firms that have expressed an interest in buying Circuit City could still buy it out of bankruptcy over the next few days."

35 of 587 comments (clear)

  1. More than mismanagement by SomeJoel · · Score: 5, Funny

    I guess the business model of high prices, unfriendly sales staff and poor quality merchandise didn't pan out for them.

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    1. Re:More than mismanagement by jae471 · · Score: 2, Funny
      Actually, my experience at CC wasn't that the staff was unfriendly -- it was that there were too many who were clueless.

      Shortly after the Wii Fit came out, I was trying all the local electronics stores to find one. I asked a sales rep if any were in stock, and he spent 20 minutes looking at the yoga mat accessory kit and demo DVD, despite me telling him repeatedly that those were *not* the Wii fit.

      For the most part, I'd say the staff was always helpful, and they left you alone if you said you didn't need help, and were fairly quick to show up if you did need help. Granted this is probably due to culture set by the individual store manager, and I only ever went to one CC.

    2. Re:More than mismanagement by Anonymous Coward · · Score: 1, Funny

      I have to say I'm a bit surprised. They were pioneers. I loved their "50 employees standing around doing jack shit while a 30-minute wait line is hanging out around their only-register-that-is-apparently-functional manned by a 16-year-old cluetard who can't shut her gossiping gob for the 30 seconds it should take to ring up an order" policy.

  2. sucks for the employees by Uberbah · · Score: 3, Funny

    But the management was the worst of the worst. I think there was a factory in Argentina where the union kept the shop going after the owners went bust. Too bad the 30,000 employees of Circut City that still have their souls couldn't do the same thing.

  3. Obvious by notque · · Score: 5, Funny

    But DIVX was just about to take off!

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    1. Re:Obvious by Ron_Fitzgerald · · Score: 3, Funny

      Hey! DivX 7 now supports H.264 for .mkv files. That is a company listening to its users and looking to the future.

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      ~ Ron Fitzgerald
    2. Re:Obvious by Anonymous Coward · · Score: 1, Funny

      Whoosh!

  4. Re:Main mistake they made? by megamerican · · Score: 5, Funny

    That pretty much sums it up. The only reason to go to a Circuit City was to avoid crowds.

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  5. Re:What about "The Source" in Canada? by VeNoM0619 · · Score: 4, Funny

    My only question is, why is only the right half of the sign lit up when its a tech store?

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  6. Re:What about "The Source" in Canada? by Xelios · · Score: 4, Funny

    Yes, I remember it well. Radio Shack used to be a chain of small stores where everything was overpriced and the employees knew nothing about what they were stocking. Now it's a chain of small stores where everything is overpriced and the employees know nothing about what they're stocking, but it's called The Source. Good game guys.

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  7. Re:Main mistake they made? by Xtravar · · Score: 3, Funny

    Huh, I find that my CC has smarter and more helpful people than the local BB.

    Now that I've typed that, we need a competitive electronics store that can be abbreviated DD. Dick's Digitals? Digital Dungeon?

    Then we can say "Let's go to double D" and have a good laugh.

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  8. Re:With Circuit City and CompUSA all but gone... by cbreaker · · Score: 2, Funny

    What kind of place do you live where there's any "Mom and Pop" television stores? Maybe you have that choice but besides a small hardware store or two, you can't find any independent electronics retailers in all of New England.

    1965 called, they want their main street back.

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  9. Re:Democrats, Republicans by Anonymous Coward · · Score: 1, Funny

    Al-Qaeda!

  10. Re:Main mistake they made? by Anonymous Coward · · Score: 1, Funny

    The only time I'd consider going to the higher priced store would be if they gave me a price LOWER than their competitor.

    The only time I'd consider going to a higher priced store is when the lower priced store is Walmart.

  11. Re:Main mistake they made? by lgw · · Score: 1, Funny

    Don't you know? After BB and CC comes CC++++!

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  12. Re:Main mistake they made? by Guido+von+Guido · · Score: 4, Funny

    Huh, I find that my CC has smarter and more helpful people than the local BB.

    You gotta admit that's setting the bar pretty low.

  13. Re:Please god by Anonymous Coward · · Score: 1, Funny

    Not till I've used up my Christmas Best Buy Gift Cards!

  14. Re:What about "The Source" in Canada? by crabboy.com · · Score: 5, Funny

    Someone please mod parent down for reading the article.

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  15. Re:With Circuit City and CompUSA all but gone... by amabbi · · Score: 5, Funny

    My wife and I had almost the same experience. Our fridge died. We went to Best Buy, Home Depot, Lowes.. Everybody said that it would take four of five days to get one delivered. We decided to check out a local place. They had a great fridge for a great price. Then came the delivery, the answer was how about tomorrow?

    Ugh. I hate it when people answer a question with a question. Bastards.

  16. Re:Main mistake they made? by darkpixel2k · · Score: 4, Funny

    WalMart is a dangerous company. They can put other business out of business because they can sell for lower prices than anyone else could ever afford to do, because WalMart is so huge and is the only choice of shopping places in many parts of the country.

    ...yet so many people just keep shopping there. Maybe one day everyone will wake up and realize they want a store that doesn't negotiate for lower prices on the products they sell...

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  17. Makes me sad by Renderer+of+Evil · · Score: 2, Funny

    It's unfortunate that Circuit City didn't survive long enough to see the historic occasion of Obama being sworn in as president.

  18. Re:What about "The Source" in Canada? by borgasm · · Score: 4, Funny

    The second half of the sign was above the 4GB addressable memory size.

  19. Re:Main mistake they made? by HTH+NE1 · · Score: 4, Funny

    Don't you know? After BB and CC comes CC++++!

    Will they sell HHD DVVDD BVDs there?

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  20. Re:Main mistake they made? by Dmala · · Score: 4, Funny

    Linens'N'Shit is closing...

    The worst part of Linens'n'Things closing is that I won't get to say Linens'n'Shit anymore. Now I have to come up with new ways to annoy my wife.

  21. Re:With Circuit City and CompUSA all but gone... by Astadar · · Score: 2, Funny

    Maybe Wal-Mart customers aren't so bad where you live, but here in Arizona, going to a Wal-Mart is not a fun experience, unless you like tripping over countless undisciplined children running amok and throngs of non-English speaking customers who walk very slowly and always insist on taking up the entire aisle, instead of staying to one side so you can get by.

    There's a reason I'll only shop at Wal-Mart after 11pm.

    Isn't that when all the parents take their kids there?

    My Walmart horror story:
    I have a vivid memory of going to pick up baby formula (something that couldn't wait) at 0730 on a Sunday morning and passing a streetwalker near the food section who'd apparently just gotten off her shift.

    I'm hoping she was a working girl, given the scariest leopard print dress and tallest heels I've ever seen.

    Scary, scary stuff, that early on a Sunday.

    </trauma>... <please /trauma?>

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  22. Re:Main mistake they made? by Anonymous Coward · · Score: 2, Funny

    GOOD thermal paste drys out over time once its been opened.

    YOUR geek card. Hand it over. Putting old half dried crap on your cpu... wtf is wrong with you?

  23. Re:Main mistake they made? by Gojira+Shipi-Taro · · Score: 5, Funny

    Well there's still Blood Bath and Beyond.

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  24. They give out guns to any one even homer simpson by Joe+The+Dragon · · Score: 2, Funny

    They give out guns to any one even homer simpson.

  25. Re:Main mistake they made? by wooferhound · · Score: 4, Funny

    Radio Shack
    you have Questions
    we have Blank Stares . . .

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  26. Re:Main mistake they made? by Anonymous Coward · · Score: 1, Funny

    So your suggestion is to move to bum-fuck USA? One where most cars have wacko bumper stickers, are secretly afraid of "dem immigrants", and just crappy?

    No thanks.

  27. Re:Main mistake they made? by b4dc0d3r · · Score: 4, Funny

    I don't go to BB or CC. I go directly to AA. Can't find what I'm looking for there, but I end up solving some problems that I didn't know I had.

  28. Re:Main mistake they made? by Scyber · · Score: 4, Funny

    Radio Shack
    You have Questions
    We have Batteries....

  29. Re:Main mistake they made? by RenderSeven · · Score: 4, Funny

    Radio Shack
    You Can Get Better
    But You Cant Pay More

  30. Re:Main mistake they made? by narcberry · · Score: 2, Funny

    Your opinion doesn't matter. They are a business, going out of business. That's absurd, especially in America! Why aren't our legislators fixing this?

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  31. Re:Main mistake they made? by uvajed_ekil · · Score: 2, Funny

    ...and $25 USB cables.

    walkie-talkies anyone???

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