Circuit City is Closing, Liquidating


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?

Larry
lrsky
Natural order of business...a not so unique way of saying, that 'they died', or 'the king is dead, long live the king'.
Was Circuit City the king?

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.
Reminds me of the joke Jay Leno said last week, "What do you call a bankrupt Circuit City?.....Radioshak! HAHA.
As Audio' goners, and people who observe the industry, it's pretty sobering. While they were the template for all that is wrong, they were at least the 'volume' of the industry. They were antithetical to what we, at least most of we see the audio industry. Without them to ridicule, we almost have nothing. They were the antichrist of audio, the worst of the best, or at least the better.
Someone talk me down, please....

Larry