I know most of us here on this site probably don't shop there, but what impact other than the obviously painful loss of jobs. How does this bode for the other stores? More and better sales? Thoughts?
I went in to Circuit City just before Xmas for a game for my grandson and checked the audio rooms out. It looked as if they had already liquidated at this store. I won't go back looking for any deals.
I always thought Circuit City was a poor place to do business. It would not be the monarch of a realm in which I would choose to live.
Stores like Circuit City are large scale box movers that are selling commodity items. Customers for these items are shopping on price alone. Circuit City couldn't compete on price, certainly didn't offer any value-added services from the consumer's standpoint, and now they're gone.
Their problems go back quite a few years even when the economy was doing reasonably well. This was not a sudden thing although current economic conditions could not have helped.
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