Circuit City To Close Remaining Stores

Just two months after they announced the closure of selected locations around the country, ... ., the bankrupt consumer-electronics retailer, named four liquidators to sell the remaining merchandise ... at Circuit City, once the biggest U.S. electronics retailer, as it lost market share to Best Buy Co., Wal [more...]

Date: 2009-01-16 18:37:00

Blog posts (116) | Videos (4)
 

More Retail Bankruptcies Likely

So just how bad are things? U.S. retail (and food services) sales in December were down by nearly 10% from the previous year. ( ... more into bankruptcy, particularly if poor sales continue. Bankrupt electronics retailer Circuit City Stores ... weighing on retailers and would surely drive more out of business: a continuing decline in consumer [more...]

Date: 2009-01-14 10:53:00

It's a Wrap for Circuit City

Stick a fork in Circuit City y'all....cuz she's done.....Posted Jan 16th 2009 1:00PM by Brian WhiteCircuit City Stores Inc. (NYSE: CC) is going away for good. The nation's former second-largest consumer electronics retailer told ... of the consumer electronics universe, and will find its competition to be the mass discount retailers [more...]

Date: 2009-01-17 12:13:00

Circuit City’s bankruptcy is beneficial - but not that beneficial

Alan L. Wurtzel, CEO of Circuit City, announced on Friday, Jan. 16 that the beloved second largest electronics retailer would be closing its remaining stores ... , leaving Best Buy as the largest electronics retailer with an incredible lead over any other [more...]

Date: 2009-01-27 06:46:32

Circuit City Liquidation Not Expected to Boost Sales

Circuit City is finally closing its 567 nationwide stores, after indicating as much late last year ... of Circuit City Stores (CCTYQ) may end up being a tough sell for the company itself and is sure to carry impacts for its competitors, retail consultants said. The second largest electronics retailer [more...]

Date: 2009-01-16 23:10:21

TechMediaWatch Dec 24: eBooks are booming +++ Dell’s MacBook Air Rival Confirmed +++ Notebooks Overtake Desktop PCs +++ Fry’s Faces Fraud Charges +++

More Readers Picking Up Electronic Books This year, thanks in part to the popularity of Amazon ... for traditional retailers, like electronics retailers and department stores.(NYT)+++Wintry Weather Sends ... )+++Fry’s Official Faces Fraud Charges A top executive at Fry’s Electronics has been arrested [more...]

Date: 2009-01-26 16:24:08

Circuit City Shorts Out

Another big box retailer bites the dust: Circuit City (CC) ... electronics retailer reached an agreement with liquidators to sell the merchandise in its 567 ... ."If the warranty is from manufacturer, they should be fine," said Jack Gillis, director of public affairs [more...]

Date: 2009-01-16 18:42:00

Circuit City is Dead

Circuit City is Dead by Steven D Fri Jan 16th, 2009 at 04:51:40 PM EST Regardless of what you think of this company, the complete liquidation of the second largest electronics retailer in America is not a good omen ... electronics chain. The company, which filed for bankruptcy protection in November, said Friday [more...]

Date: 2009-01-16 21:54:35

Shell Takes Echeck to the Gas Pump with Shell $aver Card

Shell Oil Products US has announced that it will be "the first major gasoline retailer to nationally launch an electronic check payment method ... wholesalers and retailers will benefit from the Shell $aver Card’s flat, per-transaction merchant [more...]

Date: 2008-11-12 19:17:48

Technical Error

Technical Error This just in... Circuit City Stores Inc., the nation's second-biggest consumer electronics retailer, said Friday it had run out of options ... or electronics or any of the things Circuit City sells, but because they were willing to work cheaper than [more...]

Date: 2009-01-16 18:15:59

Best Buy FY Q2 Revs Tops Ests, But EPS Misses; Stk Drops

Best Buy (BBY) shares are trading lower this morning after the company posted profits for its fiscal second quarter ended August that were shy of ... 7% of revenue in the quarter, and grew 8.7% on a comp-stores basis. Consumer electronics were ... Street expectations. For the quarter, the electronics retailing giant posted revenue of $9.8 [more...]

Date: 2008-09-16 14:18:28

Can't... Open... This... !

Shopping is a regular activity for most of us; you go to a store, shop, market, or wherever, hand over your hard-earned cash, ... it straight away. 4- etc. However, there are some electronics and gadget retailers who obviously think that shouldn't be the case. Why should the consumer have it easy, right? Why shouldn't they pay [more...]

Date: 2009-01-19 11:03:00

So Long, Circuit City Links Sunday

circuit city It is really sad to see them go after over 60 years in business, but Circuit City is liquidating all 567 of its US stores ... Your extended warranties are still covered even after Circuit City’s stores close for good.  If you need ... can even though it’s only worth pennies now. The electronics retailer’s bankruptcy actually marks [more...]

Date: 2009-01-18 14:00:46

"Why Circuit City Failed" [Circuit City]

Now that Circuit City has finally sputtered out, it's fun to talk about what did them in—see their firing-your-best-employees stunt a few years back, ... to sell small electronics and software. You know the stuff most people buy online for much less ... original commission model of sales was never a good idea for big box electronics retailing in the first [more...]

Date: 2009-01-19 18:41:19

The Front Lines: Inside Circuit City’s Liquidation

Technologizer’s Harry McCracken was brave enough to stop by his local Circuit City in California to see what all the fuss was about regarding the ... are the manager will be more than happy to bargain with you if you’re picking up enough goodies. After the jump, photos showcasing the death of an electronics retailer. Link [more...]

Date: 2009-01-19 18:07:59

Circuit City as canary in the coalmine for commercial real estate

Recently, I was discussing the economy with a lawyer expert in both commercial real estate (CRE) and taxation, workouts, and bankruptcy ... that the anchor stores in shopping centers always get sweetheart deals. It is the smaller stores that pay full ... , I want you to read this snippet from a Reuters story:The collapse of electronics retailer Circuit [more...]

Date: 2009-01-21 05:00:55

online sports shop

Providers of UK premier league, international football, rugby, cricket and F1 merchandise ... , and toys.International retailer of consumer electronics and entertainment software under the names Best Buy ... , electronics, and toyswbr. emDigital Cameras/em, CamcordersOffers camera equipment and accessories [more...]

Date: 2008-11-12 12:12:41

Liquidation sale at Circuit City, eh? Not!

So yesterday Melissa and I went looking for a cheap flat screen TV at the now bankrupt electronics retail giant Circuit City ... . If anything digital cameras, blank media, printers and computer accessories were 10-15% higher than other ... to check the prices of the other TV we were interested in, all totally over priced, with no discount [more...]

Date: 2009-01-19 15:03:55

Another Big Empty Box

Just a few months ago, on June 26th of last year, business-minded Monrovians celebrated the arrival of the town’s newest big box store, ... the Circuit City on Huntington Drive. Now, a market crash and a Madoff later, the national electronics retailer decided on Friday to shutter all 567 of its stores nationwide. That translates into ... [more...]

Date: 2009-01-22 19:14:01

Bye Bye Circuit City

DISCUSSION TOPICCircuit City Runs Out of Fuses - 1/23/09TOPIC SUMMARY:Bankrupt Circuit City Stores Inc ... ? What implications does the exit of Circuit City have for consumer electronics retailing in the U.S.?My post ... James Marcum said in a statement. “We are extremely disappointed by this outcome.”The electronics [more...]

Date: 2009-01-24 15:14:01

Massage Chair is Expanding to a Huge Market

Massage is a traditional method for health and leisure. There has a long history of 4000 years ... (wholesalers), major retailers and electronics vendors. Cozzia is a China-based supplier. CEO Nathan ... more important than form. Now, there are many models of massage chair for consumer choice, including [more...]

Date: 2008-09-01 08:31:12

Retailer Circuit City to Liquidate

By MIGUEL BUSTILLOCircuit City Stores Inc. begins liquidating its remaining 567 U.S ... more victims.The electronics and digital-media retailer will be marking down goods by 10% to 30 ... appliance and electronics chain, the nation's second largest after Best Buy Co., underscores [more...]

Date: 2009-01-17 17:19:00

Circuit City to Liquidate All 567 U.S. Stores

Richmond, Va. - Unable to secure either a buyer or additional funding, consumer electronics retailer Circuit City (NYSE: CC) on Friday reached a deal to liquidate the remaining merchandise at its 567 U.S. stores. "We are extremely disappointed by this outcome," said James Marcum, the vice chairman and acting president [more...]

Date: 2009-01-16 21:23:54

Will Circuit City Liquidation Benefit Best Buy?

Following months of rumors and speculation following the layoffs at Circuit City , the electronics retailer is ending its 60-year run ... argue that Circuit City's collapse represents low demand for electronics in a sluggish economy ... WAS a major supplier, so it's only natural to wonder if the subtraction a major supplier increase [more...]

Date: 2009-01-19 20:01:00

Pennsylvania's Labor Market Takes Another Beating in December; More Trouble Ahead in January

Pennsylvania's Jobs Report While the United States has now been in recession for a year, ... as home sales have declined and consumers have cut back on purchases of cars and other consumer goods ... and auto parts dealers, and electronics retailers. In December alone, employment in professional [more...]

Date: 2009-01-23 20:23:40

How Radio Shack Can Shine

Opportunity for the electronics retailer So Circuit City (CCTYQ.PK) is gone, and it's Best Buy (NYSE: BBY) and Radio Shack (NYSE: RSH) ... . They included bringing back some of its store brands like Archer, concentrating on the male electronics enthusiast and offering education for everyone in how to use new electronics, much as Home Depot (NYSE: HD [more...]

Date: 2009-01-25 09:27:48

Apple on the fast lane of 2009

We can't defy the gravity of global economic crisis yet Apple had a great quarter, particularly when looking at its performance compared with many other computer and consumer electronics manufacturers or retailers. The past few weeks been packed with releases and news [more...]

Date: 2009-01-23 14:12:23

Circuit City, RIP

DOWNLOAD: The Hold Steady - The Swish (MP3) Circuit City Bankrupt electronics retailer Circuit City Inc. said Friday it has asked for court approval to close its remaining 567 U.S. stores and sell all its merchandise... ..."We are extremely disappointed by this outcome," James Marcum, acting CEO [more...]

Date: 2009-01-16 22:10:23

Israel’s ‘Crazy Eddie’ Theory of War

One sure way of knowing what deluded notions are running through the minds of Israeli policymakers is to follow Ethan Bronner’s reports in the N.Y ... from the 1980s about the Israeli electronics retailer who slashed prices so steeply he was known as Crazy Eddie [more...]

Date: 2009-01-19 05:53:48

LendingClub Video: How Peer to Peer Loans Helps Others

On a recent trip home, my Dad told me about how he sent a co-worker to my website a few months ago. It turns out that that his co-worker had taken one of those 0% financing offers from a major electronics retailer for twelve months. What they didn’t know was that if they didn’t pay off the entire [more...]

Date: 2009-01-25 17:01:44

Minnov8 Gang Podcast - Episode 22

We strive to deliver a high value podcast at an affordable price (um…that would be free?) ... ). Due to the success of the efforts he’s involved in, and the high profile of our hometown consumer electronics retailing giant, Gary has been able to talk to lots of people and companies around [more...]

Date: 2009-01-24 17:52:40

Circuit City calls it quits, to liquidate assets

Circuit City calls it quits, to liquidate assets One-time Apple partner and the United States' second largest electronics retailer Circuit City will shutter all of its remaining stores following a difficult holiday shopping season and failed efforts to negotiate a sale that would have saved the company. ( 67 comments ) [more...]

Date: 2009-01-16 21:20:00

Spend less, buy locally

In the news today is a story about retail chains shutting down and going through severe downsizing ... gotta buy that cheap ass made-in-China shit from Wal-MArt, it just means we don't need the $195 ... electronics retailer and get the same deals or close that I get (used to) at Circuit City. Let em [more...]

Date: 2009-01-22 22:32:00

TechMediaWatch Jan 19: EU Hits Microsoft With New Charges +++ Microsoft-Yahoo Meeting again? +++ AMD Cutting Jobs, Salaries

Inauguration Crowd Will Test Cellphone Networks The cellphone industry has a plea for the throngs descending on the nation’s capital for the ... through companies in the U.S., Europe and Asia. (SFC)+++Circuit City To Fold Second-largest U.S. consumer electronics retailer failed to find a buyer and will liquidate its 567 U.S. stores, leaving 30,000 [more...]

Date: 2009-01-26 16:24:07

Cheeky Monkey Eco-Jewelry

by Ariston Anderson We've all heard about conflict-free diamonds but what about the other hazards of making jewelry? ... the competition. "This is a great thing," Cardwell tells CH, as it shows that wholesale and retail stores ... way to wear your old electronics with pride. Prices range from $40 for a small silver pendant [more...]

Date: 2008-10-03 17:53:33

Circuit City to shut down

Circuit City shutting down?Circuit City to shut downNEW YORK (CNNMoney.com) — Bankrupt electronics retailer Circuit City Inc. said Friday it will close its remaining 567 U.S. stores and sell all its merchandise.The company said it has 34,000 employees.“We are extremely disappointed by this outcome,” James Marcum, acting [more...]

Date: 2009-01-17 06:34:33

Suning looks to dethrone Gome

Suning looks to dethrone Gome 17th January 2009, 09:22 am After living in the shadow of archrival Gome for years, Suning, China’s second largest consumer electronics retailer, now sees its best chance yet to capture ... at a time when the domestic consumer market is clouded by worsening economic prospects. With job security [more...]

Date: 2009-01-17 15:22:50

Retail Sales Season "Catastrophic;" Some Retailers Already Filing for Bankruptcy Protection, Others Simply Shuttering Up Shops

—Ace Holiday hangover. A preview of the the bad economy a-comin': The fallout from the horrific holiday season for retailers has begun, ... areas from electronics to apparel, shrinking the industry and leading to fewer niche players and suppliers. The most dramatic pullback in consumer spending in decades could transform the retail [more...]

Date: 2008-12-30 20:24:35

Circuit City Liquidation Hurting Landlords Hard

The liquidation of Circuit City is taking a bite out of many of the larger landlords across the country. The electronics retailer was the primary tenant in many of it’s shopping centers ... , whose stores typically run from 35,000 to 40,000 square feet, is likely to be felt by some publicly [more...]

Date: 2009-01-21 15:04:36

Circuit City Closing Shop, Going Out Of Business

Circuit City, one of our favorite retailers for electronics goods, is going out of business. They are closing 567 of their remaining US stores and slashing 30,000 jobs. Circuit City had filed Chapter [more...]

Date: 2009-01-17 02:35:59

Radio Shack

January 23, 2009 Radio Shack is an electronics retailer with stores located all over North, Central and South America, Europe and Africa ... , Presidian which includes flashlights, telephones, video and audio equipment, VoiceStar for wireless phone [more...]

Date: 2009-01-24 04:02:52

New Modular Hardware Released by Bug Labs at CES 2009

Bug Labs, a group of innovative engineers, unveiled their new additions to their Bug product at CES that enables users to create a custom device ... phone connector, audio connectors with speakers and even a QWERTY keyboard module (seen here ... , Electronics & Gadgets, Entertainment, Global Community, Music, Retail, TV & Film, Telecom, Transport [more...]

Date: 2009-01-14 21:18:44

Industry support growing for the Produce Traceability Initiative

A recent news article from the Natural Foods Merchandiser "The Food Marketing Institute joined a list of more than 40 agencies, ... , wholesalers, distributors and retailers use different tracking methods, electronic and paper, to trace produce [more...]

Date: 2008-11-07 00:35:01

Logitech FY Q3 Revs Miss; Sees Further Slide In March Qtr

Logitech (LOGI) this evening posted revenue for its fiscal third quarter ended December of $627 million, short of the Street consensus of $699 ... makes computer peripherals and other consumer electronics products, said retail sales were down 16 [more...]

Date: 2009-01-19 19:10:00

Evergreen Solar Extends Slide On Lehman-Related Fallout

a second-straight day on concerns about complications related to a stock-lending agreement with Lehman Brothers in connection with a May 2008 ... , the electronics retailing giant posted revenue of $9.8 billion, ahead of the Street at $9.67 billion [more...]

Date: 2008-09-16 13:46:57

Credit crisis expected to have put US in tailspin

Wal-Mart Stores boss Lee Scott said earlier this month that this year’s first half would be “extraordinarily challenging” ... this month would be little changed. Circuit City Stores, once the biggest US electronics retailer, said [more...]

Date: 2009-01-27 07:06:26

Circuit City Closing All 567 U.S. Stores

By Alan Stewart Carl | Related entries in Business, Economy In a sign of the times, electronics retailer Circuit City has failed to find a buyer for its business and will close all 567 remaining U.S. stores. 30,000 people will lose their jobs. In a bid to remain viable, Circuit [more...]

Date: 2009-01-16 21:53:34

Circuit City to liquidate remaining US stores

Circuit City Stores, the nation's second-biggest consumer electronics retailer, said Friday it had run out of options and will be forced to liquidate its 567 U.S. stores. The closures could send another 30,000 people into the ranks of the unemployed. [more...]

Date: 2009-01-17 03:34:01

Free Ways To Watch Television Online, Catch Movies on the Internet

More and more people watch television online these days, stream their media, and opt for cheap video options ... hooked up — ask your electronics retailer to show you one. Now the DTV transition has spurred [more...]

Date: 2009-01-06 00:07:40

Dell PS M1710 PC Notebook.........................$500usd

TIFFS & CO .LTD, was formed in 2007 and from its modest beginnings has now become one of the fastest growing retailers of all kind of electronic ... Phones, Video Games Console, Plasma & LCD TV, MP3 & MP4 Players, Digital Cameras, Dvd Players [more...]

Date: 2008-12-29 12:07:11

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