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Circuit City is D.O.A.

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Old 01-16-2009, 07:45 AM
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Read http://money.cnn.com/2009/01/16/news/compa...sion=2009011611
Old 01-16-2009, 07:50 AM
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I just saw on CNN as well. Too bad, one less option to shop for better price and compare. This economy is killing everyone.
Old 01-16-2009, 07:54 AM
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wonder what's going to happen in the near future???
Old 01-16-2009, 08:07 AM
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Geez, what a bummer.
Old 01-16-2009, 08:13 AM
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Originally Posted by theXman' post='769434' date='Jan 16 2009, 11:50 AM
Too bad, one less option to shop for better price and compare.
Agree...they are falling like nine pins
Old 01-16-2009, 08:16 AM
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what a shame.. but this was long coming
Old 01-16-2009, 08:55 AM
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Economy was a big part of their demise, but so was the Internet! You can shop with NO pressure from home and compare prices in an instant, brick and mortar is rapidly becoming a thing of the past in some industries!
Old 01-16-2009, 09:00 AM
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Originally Posted by flyingpuck' post='769502' date='Jan 16 2009, 11:55 AM
Economy was a big part of their demise, but so was the Internet! You can shop with NO pressure from home and compare prices in an instant, brick and mortar is rapidly becoming a thing of the past in some industries!
You can add poor top-management to that list ... It's no surprise, CC had it coming.
Old 01-16-2009, 09:17 AM
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Originally Posted by flyingpuck' post='769502' date='Jan 16 2009, 12:55 PM
Economy was a big part of their demise, but so was the Internet! You can shop with NO pressure from home and compare prices in an instant, brick and mortar is rapidly becoming a thing of the past in some industries!
The local store here is almost next to the Best buy store, and as I went back and forth over christmas to the 2 stores, it was obvious that C.C. would not survive. While Best Buy was full and had long lines at checkout, Circity City was like a funeral home.
Old 01-16-2009, 09:28 AM
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I'm actually amazed how Best Buy is surviving considering their prices are the most expensive for everything I've shopped for.


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