Circuit City

 
  • A Sony president on Circuit City

    A Sony president on Circuit City

    We all know by know that Circuit City is a world of hurt, with the recent bankruptcy and all, but what Sony Electronics President, Stan Glasgow, recently said about the retailer sums it up nicely. I don’t see Circuit City going away, I don’t want to see it go away. Jay and I have seen in our years in the business that there hasn’t been a successful transition out of… Read More

  • Circuit City’s Black Friday ad leaked

    Circuit City’s Black Friday ad leaked

    BlackFriday.info just posted Circuit City’s Black Friday ad. Hopefully the company will live to see next year’s ad, too. Some notable good deals: SanDisk 1GB MP3 Player Express for $16.99 HP Pavilion laptop for $399 Good deals on video games DVDs from $3.99 $100 off select Garmin GPS units $99 Tom Tom GPS Blu-ray discs from $8.99 SmartParts 5.6-inch digital photo frame for $41.99 Read More

  • Time on what happened to Circuit City

    Time on what happened to Circuit City

    We all know Circuit City is in the pooper, but Time gives a little back history for those not familiar with Circuit City’s last decade of suck. Best part? For many consumers, however, Circuit City’s most obvious failing was its customer service. In March 2007, it announced plans to lay off its highest-paid hourly employees, including salespeople, and replace them with cheaper workers. Read More

  • Circuit City employee report: Inventory woes

    Circuit City employee report: Inventory woes

    Circuit City seems to be having big inventory issues right now. We know that the retailer is restructuring under Chapter 11 and recently received a $1 billion loan from BoA, but inventory issues are rampant according to a Circuit City employee email. This employee’s store is one of the largest in his state and that store still hasn’t received new CD and DVD releases this week. The… Read More

  • Good news and bad news for Circuit City

    Good news and bad news for Circuit City

    Circuit City has a lot to be thankful for this Thankgiving after a $1.1 billion dollar loan from Bank of America. That amount should cover operating expenses and take care of inventory concerns over the holiday season. In addition to yesterdays bankruptcy, Circuit City owes HP and Samsung, among the rest of the debt, over $2.3 billion – $119 million to HP and $117 million to Samsung. Read More

  • Circuit City liquidation fail party

    Circuit City liquidation fail party

    There have been reports that the Circuit City liquidation sales rely on false pretenses and incompetent liquidators. Example: this 5% off tag for what appears to be an HP 12.1 inch laptop. Nice, huh? Anyone else got some tasty pics for us? Read More

  • Yikes: Circuit City files for Chapter 11 bankruptcy protection

    Yikes: Circuit City files for Chapter 11 bankruptcy protection

    Adios, Circuit City. You will be remembered forever as a not-good-enough version of Best Buy (even though Best Buy is pretty suspect, too.) Yes, Circuit City has officially filed for Chapter 11 bankruptcy protection. It did so last week, when we were busy talking about store closings and fake sales. It is, I think, the biggest tech-realted failure (if that’s the right word to use) of the… Read More

  • Circuit City laying off corporate employees too

    Circuit City laying off corporate employees too

    Red shirt Circuit City workers aren’t the only employees getting the pink slip as a report by the Richmond Times-Dispatch indicates that headquarter staffers will be laid-off too. The Circuit City local paper estimates that 500 – 800 people will be let go from the Richmond, VA home base and the remaining 1,000 white collared workers will be consolidated into one building. Does anyone… Read More

  • Circuit City scamming people on "liquidation" sales

    Circuit City scamming people on "liquidation" sales

    Circuit City is hurting right now and apparently that is justification for ripping people off under the umbrella of a liquidation sale. These so-called sales are within the 155 stores that are being shut down immediately, but a few reports have indicated that prices are being marked up and then receive a magic 10% off, resulting in a “sale.” In fact, these in-store prices are higher… Read More

  • CrunchDeals: Save up to 30 percent at closing Circuity City stores

    CrunchDeals: Save up to 30 percent at closing Circuity City stores

    Circuit City’s awful, awful loss is our gain. The company is starting to close all those stores now, and is subsequently marking down the prices of all sorts of electronic gizmos. You can expect to save up to 30 percent on merchandise. My local Circuit City, which has always served me well, is staying open, so I won’t get to partake in the festivities. Read More