Items tagged with Circuit City

It's baaaaaack! Barely two months after Circuit City, a long standing icon in the world of consumer electronics, shut its doors for goods, the doors are back open...online, anyway. After the bankrupt company was forced to liquidate everything... Read more...
It appears that Circuit City’s liquidation sales have been successful. So successful, in fact, that the stores are running out of inventory sooner than expected. As a result, liquidators have announced that all of the chain’s remaining stores will close this Sunday. The shutdowns come about a week ahead of... Read more...
After filing for bankruptcy protection in November, Circuit City was hopeful that it would be able to reorganize and reemerge. Now, only a day after the company held an auction that was suppose to be the retailer’s last chance to survive bankruptcy as an intact, though smaller chain, the company announced it has... Read more...
America’s third largest electronics retailer with 721 stores in the U.S. and 770 in Canada, has petitioned for Chapter 11 protection in U.S. Bankruptcy Court in Richmond. After losing money in five of the last six quarters and announcing last week it would close 155 stores, Circuit City is seeking bankruptcy... Read more...
If you are thinking of taking advantage of Circuit City's closing of 155 retail store locations to score a sweet deal on a new HDTV, the folks over at HD Guru warn that not only are deals not to be had, but that you might actually wind up paying... Read more...
A number of rumors were circulating around the web on Sunday, with more than one site saying that on Monday Circuit City will be announcing the closure of 155 stores around the nation. It's just another bad news item for the struggling retailer, which according to a form filed with the SEC Thursday, has been... Read more...
Blockbuster is offering to buy Circuit City. They made the offer privately in February, and made it publicly today; a defacto appeal to Circuit City shareholders to pressure the board to sell. If you were on the Lusitania, would you accept a ride on... Read more...
Some retailers have been offering credits or trade-ins for returns of HD-DVD players, but you always need to buy a new Blu-ray player in exchange. Circuit City is going them one better, extending its 30-day return policy to 90 days for HD-DVD... Read more...
DailyTech is reporting that Circuit City is cutting back its workforce by about 3400 "overpaid" workers.  Employees terminated in these cutbacks will get four weeks severance pay plus they can reapply for their old jobs at a lower wage after 10 weeks.  Hopefully this won't have a negative... Read more...