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Circuit City kicks the bucket

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Circuit City kicks the bucket

Unread postby Niagara » Fri 16 Jan 2009, 11:31:15

Breaking news, no link yet.

Looks like Circuit City is the latest electronics retail giant to take a dirt nap.

35,000 jobs lost according to CNBC.
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Re: Circuit City kicks the bucket

Unread postby Leanan » Fri 16 Jan 2009, 11:39:17

It's on the breaking news banner at MSNBC.

Not exactly a surprise. CNN had an article earlier this month, warning than any retailer who entered bankruptcy in this environment would not survive.
"The problems of today will not be solved by the same thinking that produced the problems in the first place." - Albert Einstein
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Re: Circuit City kicks the bucket

Unread postby emersonbiggins » Fri 16 Jan 2009, 11:46:35

This will certainly affect my old hometown, where the southern US distribution center for CC is located - 500 jobs gone, I think...

Oh well, the Best Buy DC is just across the street, I'm sure they can absorb them all. :roll:
"It's called the American Dream because you'd have to be asleep to believe it."

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Re: Circuit City kicks the bucket

Unread postby biofuel13 » Fri 16 Jan 2009, 12:20:43

Circut City Liquidated

There's the linky. Another one bites the dust
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Re: Circuit City kicks the bucket

Unread postby jdmartin » Fri 16 Jan 2009, 12:42:31

And to think I almost bought a camera there a couple of weeks ago...guess I better look around to see if I've got any gift cards that need to be liquidated :lol:
After fueling up their cars, Twyman says they bowed their heads and asked God for cheaper gas.There was no immediate answer, but he says other motorists joined in and the service station owner didn't run them off.
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Re: Circuit City kicks the bucket

Unread postby Byron100 » Fri 16 Jan 2009, 13:29:27

And good riddance! Of all the big box stores I've been to, CC has got to be one of the worst - even CompUSA is marginally better...lol.

Now let's see if the Great American Non-Spender can take down Best Buy next...hehe. :twisted:

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Re: Circuit City kicks the bucket

Unread postby Sixstrings » Fri 16 Jan 2009, 13:41:14

I wonder if they'll finally have some REAL liquidation sales, not the faux liquidation prices they've been doing... ?

Then again, not sure I want to buy if I can't even return within 30 days. In my epxerience, when I have trouble with electronics it's usually in that time frame.
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Re: Circuit City kicks the bucket

Unread postby Cyrus » Fri 16 Jan 2009, 13:42:40

Damn you beat me to it. Liquidation

The empty storefronts are just piling up.
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Re: Circuit City kicks the bucket

Unread postby emersonbiggins » Fri 16 Jan 2009, 13:49:46

$this->bbcode_second_pass_quote('Cyrus', 'D')amn you beat me to it. Liquidation

The empty storefronts are just piling up.


Show me a shopping center with Circuit City, Linens-N-Things and Goodys as anchors, with a Bennigans on an outparcel, and I will show you a ghost town.
"It's called the American Dream because you'd have to be asleep to believe it."

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Re: Circuit City kicks the bucket

Unread postby Sixstrings » Fri 16 Jan 2009, 13:54:08

$this->bbcode_second_pass_quote('', 'S')how me a shopping center with Circuit City, Linens-N-Things and Goodys as anchors, with a Bennigans on an outparcel, and I will show you a ghost town.


Sigh, I think I'm gettin old. I remember a time when Bennigans was the only game in town -- there was no Outback, Chili's, Applebees etc. etc.

I miss their Monte Cristo sandwich.. sort of a big deep fried ham turkey and swiss french toast thing.
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Re: Circuit City kicks the bucket

Unread postby Heineken » Fri 16 Jan 2009, 14:07:23

Every time a Big Box dies, I do a little dance.
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Re: Circuit City kicks the bucket

Unread postby vision-master » Fri 16 Jan 2009, 14:14:37

I need a sub-woofer.
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Re: Circuit City kicks the bucket

Unread postby IanC » Fri 16 Jan 2009, 17:52:59

Truly, the Geography of Nowhere is coming to fruition before our very eyes.

What will we do with all of this empty real estate when we don't have the funds to "repurpose" it properly? What a sad waste!

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Re: Circuit City kicks the bucket

Unread postby bratticus » Fri 16 Jan 2009, 18:05:27

Warning: Liquidations are rip-offs
[flash width=425 height=344]http://www.youtube.com/v/aYcXa2rvHSo[/flash]
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Re: Circuit City kicks the bucket

Unread postby Byron100 » Fri 16 Jan 2009, 18:13:12

$this->bbcode_second_pass_quote('IanC', 'T')ruly, the Geography of Nowhere is coming to fruition before our very eyes.

What will we do with all of this empty real estate when we don't have the funds to "repurpose" it properly? What a sad waste!

-IanC


No need to sweat this one, Ian. All we gotta do is to just leave it like it is and Mother Nature will "repurpose" this real estate just fine. :-D Check out the cities of Detroit and Flint to see what I'm talking about.
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