crash2006 Posted January 16, 2009 Share Posted January 16, 2009 Bankrupt retailer Circuit City., the nation’s second-largest consumer electronics retailer, said Friday that it will liquidate its 567 U.S. stores - including 30 stores in New York - since it failed to find a buyer or to refinance its debt. Nationwide, about 34,000 people will lose their jobs as http://www.nydailynews.com/money/2009/01/1...30_new_yor.html Quote Link to comment Share on other sites More sharing options...
Y-QUERK Posted January 16, 2009 Share Posted January 16, 2009 It was bound to happen. They suck. Quote Link to comment Share on other sites More sharing options...
the-sign-jacker Posted January 16, 2009 Share Posted January 16, 2009 this will cause a battery of further job losses which could burn out the electrical retail economy. Quote Link to comment Share on other sites More sharing options...
@contradevian Posted January 16, 2009 Share Posted January 16, 2009 this will cause a battery of further job losses which could burn out the electrical retail economy. Stunning news. Quote Link to comment Share on other sites More sharing options...
the-sign-jacker Posted January 16, 2009 Share Posted January 16, 2009 Stunning news. the news came as no shock.... Quote Link to comment Share on other sites More sharing options...
200p Posted January 16, 2009 Share Posted January 16, 2009 Is it a Rumbelows or Tandy moment... Quote Link to comment Share on other sites More sharing options...
the-sign-jacker Posted January 16, 2009 Share Posted January 16, 2009 Is it a Rumbelows or Tandy moment... your showing your age. to me its a cavendish woodhouse moment. Quote Link to comment Share on other sites More sharing options...
crash2006 Posted January 16, 2009 Author Share Posted January 16, 2009 your showing your age.to me its a cavendish woodhouse moment. tempo moment. Quote Link to comment Share on other sites More sharing options...
the-sign-jacker Posted January 16, 2009 Share Posted January 16, 2009 tempo moment. i always insisted on Parkingsons medicated throat lozenges. god save the king ? Quote Link to comment Share on other sites More sharing options...
xux42 Posted January 16, 2009 Share Posted January 16, 2009 Is it a Rumbelows or Tandy moment... Best Buy are now the dominant Bricks and Mortar Electrical Retailer in the US. Been in a couple of Best Buys in Florida. Very impressive - full gamut CDs/DVDs/Audio/Video/Sat Nav/Computing/Photography, Big HD TVs hooked up to high bandwidth HD sources. Staff with deep and wide product knowledge. Lots of stock. They are coming to Europe and will lay waste to DSG, Comet, Apollo et al. Bargains in the short term, but once the competition is wiped out the only way to benefit will be as a Best Buy shareholder. Quote Link to comment Share on other sites More sharing options...
Dylan Posted January 16, 2009 Share Posted January 16, 2009 A couple of years ago Circuit City fired their best salesmen because 'they were making too much money' and replaced them with lower paid staff. Karma's a beautiful thing. Quote Link to comment Share on other sites More sharing options...
Guest sillybear2 Posted January 16, 2009 Share Posted January 16, 2009 No need to blow a fuse. Quote Link to comment Share on other sites More sharing options...
Leonard Hatred Posted January 17, 2009 Share Posted January 17, 2009 A couple of years ago Circuit City fired their best salesmen because 'they were making too much money' and replaced them with lower paid staff. Karma's a beautiful thing. I thought so... there was a big fuss on Slashdot a while back. And "Circuit City" is a stupid name, so that's double bad karma Quote Link to comment Share on other sites More sharing options...
jonpo Posted January 17, 2009 Share Posted January 17, 2009 the bailout is working... ...not Quote Link to comment Share on other sites More sharing options...
Walton Goggins Posted January 17, 2009 Share Posted January 17, 2009 ... Staff with deep and wide product knowledge. ... Interesting, most comments suggest Best Buy staff are if anything sub-Circuit City, even post CC's brave new world clearout of expensive bonus grabbing older customer focused sales peeps, replaced by muppets. For a sample look at the responses here... http://www.chicagotribune.com/business/sns...0,2951948.story This liquidation should send a message from DSG / KESA / Jessops to all the consumer electronics brands currently allowing online sites to undercut them by 30% / 40%. " Hi, you know our very expensive to run sheds that people visit to test your product before buying off the internet ? Well, man, they can like disappear ! Then what will you do ? " Quote Link to comment Share on other sites More sharing options...
GrillsBears Posted January 17, 2009 Share Posted January 17, 2009 (edited) Best Buy are now the dominant Bricks and Mortar Electrical Retailer in the US.Been in a couple of Best Buys in Florida. Very impressive - full gamut CDs/DVDs/Audio/Video/Sat Nav/Computing/Photography, Big HD TVs hooked up to high bandwidth HD sources. Staff with deep and wide product knowledge. Lots of stock. They are coming to Europe and will lay waste to DSG, Comet, Apollo et al. Bargains in the short term, but once the competition is wiped out the only way to benefit will be as a Best Buy shareholder. I couldn't disagree more. Trying to get a usb cable to charge my Zen micro was like asking for them to confirm alchemy was possible. It's like any other big warehouse of stuff to look at and then source online Edited January 17, 2009 by GrillsBears Quote Link to comment Share on other sites More sharing options...
BXLONDONMAN Posted January 17, 2009 Share Posted January 17, 2009 A couple of years ago Circuit City fired their best salesmen because 'they were making too much money' and replaced them with lower paid staff. Karma's a beautiful thing. yes it is isn't it..i hope the CEO of the company thinks so too.... Quote Link to comment Share on other sites More sharing options...
the-sign-jacker Posted January 17, 2009 Share Posted January 17, 2009 (edited) I couldn't disagree more.Trying to get a usb cable to charge my Zen micro was like asking for them to confirm alchemy was possible. It's like any other big warehouse of stuff to look at and then source online what do you expect for minimum wage. a rocket science graduate ? there only there to serve you. not become experts at the 1500,000 products and variations of electrical commerce. now, i have a PHd in teneriffe, and even if i got a weekend job at circuit city i couldnt tell you what kind of usb you would need for your zen micro vibrator. Edited January 17, 2009 by the-sign-jacker Quote Link to comment Share on other sites More sharing options...
GrillsBears Posted January 17, 2009 Share Posted January 17, 2009 what do you expect for minimum wage. a rocket science graduate ?there only there to serve you. not become experts at the 1500,000 products and variations of electrical commerce. now, i have a PHd in teneriffe, and even if i got a weekend job at circuit city i couldnt tell you what kind of usb you would need for your zen micro vibrator. Why would a rocket science graduate be working in Best Buy? Surely they'd be more suited to the quantum physics world of sports authority or home depot? Quote Link to comment Share on other sites More sharing options...
Ruffneck Posted January 17, 2009 Share Posted January 17, 2009 i believe these guys were a reasonably big player in the console/gaming market? how long do you think it will be before all games are delivered over the internet and physical copies cease might still be 15-20 years away but if more of these sort of shops close up soon it could be as few as 7-8 years away Quote Link to comment Share on other sites More sharing options...
GrillsBears Posted January 17, 2009 Share Posted January 17, 2009 i believe these guys were a reasonably big player in the console/gaming market?how long do you think it will be before all games are delivered over the internet and physical copies cease might still be 15-20 years away but if more of these sort of shops close up soon it could be as few as 7-8 years away That ******ing winds me up too. Media protection already ******** up everything just wait until you have to download it all. Micro transaction, DRM, rootkits will all be unstoppable. I want transportable media that I hold in case of system failure. Tough shit according to the powers that be, downlaod once pay once if your hard disk goes pop.... pay again. ****** that Quote Link to comment Share on other sites More sharing options...
slurms mackenzie Posted January 17, 2009 Share Posted January 17, 2009 (edited) how long do you think it will be before all games are delivered over the internet and physical copies cease Wasn't that part of microsofts strategy for the 360 thats why they never went all in on the next gen dvd? Edited January 17, 2009 by slurms mackenzie Quote Link to comment Share on other sites More sharing options...
Dave Spart Posted January 17, 2009 Share Posted January 17, 2009 i always insisted on Parkingsons medicated throat lozenges. god save the king ? I remember those days - when the internet was in black and white and you stood to sing the national anthem while Windows shut down. Quote Link to comment Share on other sites More sharing options...
Dave Spart Posted January 17, 2009 Share Posted January 17, 2009 Apparently this company's demise was down to hegde funds shorting Circuit City. Quote Link to comment Share on other sites More sharing options...
50%deposit Posted January 17, 2009 Share Posted January 17, 2009 (edited) Shops (Early Closing Days) Act 1965 1965 c.35 An Act to provide for a shop’s early closing day to be selected by its occupier; to abolish the power to change the closing time on early closing days and the power to extend early closing day requirements to exempted shops; to substitute the expression “early closing day” for the expression “weekly half-holiday” in the Shops Act 1950; and for purposes connected with the matters aforesaid. Edited January 17, 2009 by 50%deposit Quote Link to comment Share on other sites More sharing options...
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