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Circuit City Closes Its Doors For Good

Posted by ScuttleMonkey on from the gonna-have-a-heart-attack-and-die-from-not-surprise dept.

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."

4 of 587 comments (clear)

  1. Re:What about "The Source" in Canada? by Anonymous Coward · · Score: 0, Troll

    Apparently they're closing them. Here's an interview talking about it: http://www.youtube.com/watch?v=oHg5SJYRHA0

  2. Re:Main mistake they made? by SeattleGameboy · · Score: 0, Troll

    You could get hot lubes at Circuit City? I thought I could only get those at drug stores...

  3. Re:More than mismanagement by drinkypoo · · Score: 0, Troll

    Sure it's fun to go in there and drool at the TVs, but I'm sticking to Newegg from now on.

    I browse with noscript and you can't actually check out of newegg without allowing every fucking site on the planet to dump its javascript into your browser. When newegg unfucks their website so that I can use it without javascript (not hard) then I will consider shopping there again.

    geeks.com prices have gone up quite a bit over time, and newegg is annoying to me, so now I mostly just buy things from ecost and ebay.

    --
    "You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
  4. Re:Main mistake they made? by The+Clockwork+Troll · · Score: 0, Troll

    I guess I have to be the asshole who asks ...

    How much time in Denny's do you spend that you are getting enough data points to formulate an economic theory based on their wait staff's intelligence?

    If it's a lot of time, then based on the soundness of your dining choices, I have to question your ability to assess wait staff intelligence, as your own would seem to be in doubt.

    If it's seldom, then I have to question your intelligence as measured by your understanding of sampling theory, as your own would seem to be in doubt.

    Word to the wise: keep the Dennynomics to yourself, homey (hammy?)

    --

    There are no karma whores, only moderation johns