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Tag: CIRCUIT CITY

Are Slashed Gadget Prices Set to Rise?

There are some signs on Wall Street that this awful economy might just be starting to recover a bit, but even if it continues to flounder, some analysts are suggesting that you should seriously think about hurrying up and making that electronics-related investment you've been pondering. It's believed that the steep decline of prices on things like HDTVs and MP3 players is not only going to ...

All Circuit City Stores Closing Permanently on March 8th

To an icon in the consumer electronics retail space, we wave goodbye. And for the hordes of employees already / soon to be looking for new uniforms elsewhere, we empathize. Circuit City has just announced that on March 8th, all of its stores will lock up for the last time. Granted, some locations have already shut their doors in permanent fashion due to stock depletion, but regardless of ...

Circuit City Says, "So Long, Suckers!" to Couple That Bought Broken TV

A Boston couple, Gina and Emilio Reis, recently arrived home from a Circuit City liquidation sale only to discover that their new purchase, which bore a hefty price tag, was worthless. Unfortunately for the couple, they also learned that they're now stuck with their brand new, and completely shattered, $1,100 television. The store displayed numerous signs, inlcuding "All Sales Final," "Do Not ...

Circuit City Stores Begin to Close, Bargains Await

If you were waiting to get some fliers in the mail announcing the beginning of clearances at your local Circuit City, we're sorry to report you've probably already missed the best deals. The liquidation was just made official last week, but, when Christen over at Gadget Review happened by the trendy Santa Monica branch of the doomed franchise yesterday, he found lines of people already waiting ...

Circuit City Files for Bankruptcy

digg_url = 'http://digg.com/business_finance/Circuit_City_files_bankrupcy'; Even after shutting down 155 retail stores and announcing plans to cut around 17-percent of its 43,000 employees, Circuit City couldn't avoid the dreaded bankruptcy court. Today, the Virginia-based company (along with 17 affiliates) petitioned for Chapter 11 protection in Richmond as it attempts to survive under the ...

Circuit City Considering Shutting 150 Stores to Avoid Bankruptcy

It's made it through some tough times in the past (the other DIVX, anyone?), but it looks like Circuit City is now really up against the wall, and it's apparently considering some rather drastic measures to avoid becoming the largest retailer to enter bankruptcy protection in recent years. According to The Wall Street Journal, "people familiar with the company" say that Circuit City is ...

Blockbuster Offers to Buy Circuit City

Huh? Blockbuster just made public its February 17th offer to purchase Circuit City for $6 to $8 per share. As of this morning, Circuit City has not provided the requested due diligence necessary to move the deal forward. As such, Blockbuster is pulling a Microsoft and making the proposal public in hopes of inciting shareholders. It's even gone so far as to publish an open letter from Blockbuster ...

Circuit City Botches GPS Install, $12k in Damages, Won't Pay Up

For most GPS systems, installation is as simple as sticking a suction cup on the windshield or an adhesive disc on the dash, plugging in an adapter to the cigarette lighter, and hitting the power button. But, if you want something a little more flush and integrated, you have to go with a device installed in your dash. Unless you're the adventuresome type and know what you're doing, dashboard ...

Circuit City Shopper Cuffed for Refusing to Show Receipt

If you shop with any frequency at giant chain stores such as Circuit City, Best Buy, Home Depot or even Bed, Bath & Beyond, you've probably grown accustomed to showing a security person your receipt and allowing him to inspect the contents of your bag as you leave the store. For most of us, this inspection is routine and nothing more than a nuisance. But, have you ever stopped to wonder if ...

Thieves Begin Tracking Gadget Shoppers

According to Consumerist, shoppers in Canada's Mississauga, ON, region are on alert after several consumers were robbed shortly after making big-ticket purchases at electronics stores. Police say criminals are staked out at these stores where they lay in wait for a person to buy an expensive item. The thieves will then tail the shopper to his or her next destination, wait until the shopper ...

Wait Until After the Holidays to Buy a New TV, Analysts Say

If you've been thinking about getting a fancy new HDTV, you might want to wait unitl after the holidays to make your purchase -- at least that's the advice several analysts have given to the New York Times. Over the past couple of years, flat-panel prices have plummeted (and subsequently) so have profits. As a result, retailers are focusing less on the affordable brands (Vizio, Norcent, Olevia) ...