We all know the story: Circuit City Stores spiraled down from its high point in the late 90′s to bankruptcy in 2008 and then liquidation in 2009. Systemax then bought the rights to the brand a few months later and quickly relaunched CircuitCity.com. Since then Systemax has been racking in the cash. So much cash in fact that Systemax is thinking about opening some Circuit City retail locations. Seriously. → Read More
This is a 23-inch Acer monitor. It’s on sale at Circuit City’s Web site (yes, they’re back as a Web site) for $160, down from $230. 1080p, the whole nine yards. I bought a 23-inch Acer monitor for myself for Christmas. It’s nice enough, though the lack of headphone jack isn’t cool. My fault, didn’t do the research. → Read More
Well, now I’m not shopping at CircuitCity.com or Best Buy. Seriously. The new CircuitCity.com launched under new management last week we found the following statement within the return policy section.
Some manufacturers have implemented returns restrictions that prevent CircuitCity.com from being able to accept returns or offer exchanges, replacements or credits on their products for any reason. Products from manufacturers such as Compaq, IBM, Hewlett Packard, Toshiba, Epson, and others are not returnable to CircuitCity.com FOR ANY REASON. All support as well as exchanges or replacements for DEFECTIVE merchandise, including within the first 30 days of ownership, must be handled directly with the product manufacturer. CircuitCity.com cannot accept any returns nor offer replacement, exchanges or credit for ANY product missing the UPC code. Only the product manufacturer can replace any DEFECTIVE item missing the UPC sticker.
Sure enough, CircuitCity.com is back up and ready to sell you some electronic wares. Systemax, the same parent company of Tiger Direct and CompUSA.com, scooped up the bankrupt brand a few weeks ago and just relaunched the site this morning. Too bad that the original company went down in glorious fashion and took 35,000 American jobs with it. Aat least this new site has some great deals. Serious. → Read More
We knew that CircuitCity.com was going to relaunch and it looks like that will happen real soon. Systemax Inc. did indeed purchase the brand and website from the bankrupt company and has plans to relaunch the website. The updated CircuitCity.com has info about the the launch and new company right now, but expect the full site to be up in a few days. → Read More
By adding higher-end, interactive displays, Wal-Mart intents to grab big box shoppers who might have once gone to dedicated electronics stores but are now looking for something a bit more interesting. That’s right: Wal-Mart looking to take over where Circuit City left off – offering high-priced electronics in a physical environment reminiscent of the canteen on a prison planet staffed by the sub-literate – in order to grab some of those sweet electronics profits. → Read More
A tipster informed us about the mysterious CircuitCity.com message a week ago, and it seems that the brand might indeed be resurrected. Systemax, of TigerDirect and CompUSA fame, is interested in purchasing Circuit City‘s brandname and website for $6.5 million. There is a chance for other potential bidders to submit offers until May 11. Systemax has done a decient job of raising CompUSA from the burning ashes that was the bankrupt brand, but it will be interesting to watch what happens with Circuit City. → Read More
Well, well. Circuit City went down in flames and the last stores shut their doors weeks ago. However, the brand might not be entirely dead. Check out CircuitCity.com: CircuitCity.com is also temporarily closed, although we anticipate the website will reopen in the coming weeks. Please check back for updates. So yeah, it looks like Circuit City might rise from the ashes just like CompUSA. Too bad this doesn’t mean that 30,000 employees will get their jobs back as the website – if the statement ever pans out – will probably be ran by only a few folks. More as we get it. [Thanks for the tip, Nate] → Read More
Not that ANY of you would ever sell your console without deleting all your personal files and credit card information off of it first but just in case, here’s a reminder why you should do just that. Apparently a refurbishment center bought up a bunch of Circuit City’s pre-owned consoles that were to be “in working condition, and with maybe a few components missing.” → Read More
Here it is, friends: the last thing in the last Circuit City store in Robinson, PA. Actually, it wasn’t the last. The vultures had picked the place clean but Rob at BBG writes:
As the day drew to a close, a fake hollow display camera supplied an endless cycle of excitement and disappointment.
It’s almost over, folks. The saga of Circuit City is about done as the company plans to shut all stores by March 8th. Some stores, including my old location of 3631, closed weeks ago. It all depended on the individual store’s inventory. If the store sold everything, there wasn’t any reason to keep paying the employees. → Read More
Here’s some consumer electronics heartache for you. A couple in Boston bought an $1100 Samsung TV from Circuit City’s liquidation sale, only to find out that, once they got home and opened it up, it was shattered. Why didn’t they inspect it at the store, you ask? Well, apparently the signs in the store say “DO NOT OPEN THE MERCHANDISE” alongside other signs that say “ALL SALES FINAL” and “CHECK YOUR PURCHASES,” among others. → Read More
While we failed to find much of anything at the Circuit City liquidation sales, apparently a whole bunch of other people did. The liquidator overlords are reporting that they managed to sell more than $1 billion of Circuit City’s inventory at these sales. In fact, many Circuit City stores have either closed up permanently, or are about to shut the doors because the sales have gone so well. Not a good thing for the soon to be unemployed Circuit City pawns. More discounts should be coming soon though at stores still open. → Read More
Despite our attempts to inform everyone that the Circuit City liquidation deals are scams, apparently some people are still spending their money at the dead retailer. In fact, there the liquidator overlords might start another round of markdowns starting today because the sales are going so well. The distribution centers are almost cleared out and it seems Circuit City’s days are coming to a close. → Read More
Circuit City Stores have been liquidating for almost two weeks now and hopefully some people have found decent deals at the sales. Most big ticket items are probably still not worth it thanks to shady liquidator tactics, but someone, somewhere hopefully scored something at a bargain basement price. Right? → Read More
We’ve seen (and written) our fair share of advice concerning the Circuit City liquidation, but now it’s time to hear from an actual Circuit City employee about what’s really going on. → Read More
Circuit City’s Canadian operations have been in question ever since the US locations started showing signs of death. CircuitCity.com had previously stated that the Canadian locations would operate normally but that doesn’t seem the case as all 765 stores are headed to the auction block this week. The Source, as the stores are called in Canadaland, were previously purchased from Radio Shack by Circuit City in 2004 and now might change hands again. Rumor has it that Best Buy wants the 765 retail locations.
It seems that everyone knows that the Circuit City liquidation is a scam in our corner of the Internet but what about Mr. Average Joe? Does he know that we haven’t heard of anyone finding a lower price at a closing Circuit City store than at Best Buy or via an online source. Maybe the deals will come after the store’s inventory is stagnate for a few weeks. After all, the head liquidators have played the game a few times before. Hopefully there will be a time when deals are to be had ’cause this guy wants a big boy Monster Power Center but isn’t willing to spend anywhere near the retail price.
So what do you think? Do random peeps know that the Circuit City liquidation is so far a scam? Poll after the jump. → Read More
