Best deals circuit city

Best deals circuit city

Circuit City became the largest retailer to fall victim to the expanding financial crisis Friday, announcing it will shut down its remaining U. Wurtzel, son of company founder Samuel S. Wurtzel and himself a former chief executive of Circuit City. Richmond, Va. Negotiations for an acquisition extended past midnight Thursday before finally falling through, Circuit City lawyer Gregg Galardi said. Two potential buyers — Mexican billionaire Ricardo Salinas Pliego, who controls a chain of electronics stores in Latin America, and the Golden Gate Capital private equity firm — considered a shrunken form of the business, retaining as many stores or as few as

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December Circuit City reports a surprise fiscal third-quarter loss after it cut prices on hot electronics like flat-panel TVs and computers to lure customers during the holiday shopping season. The No. Shares drop 17 percent. January 5: Circuit City says December same-store sales rise 4. February 8: Circuit City says it is closing about 70 international stores, mostly in Canada, and that Douglas Moore, its chief merchandising officer, has left the company.

The company says it expects to close 7 U. February March Company says it has hired Goldman Sachs to explore strategic options for a possible sale of InterTan Inc, a Canadian retailer it bought in Says it will replace 3, U. April 4: Circuit City posts a fiscal fourth-quarter loss on store closures and restructuring costs and says it will speed up cost-cutting. November 6: Circuit City announces that David Mathews, merchandising and marketing executive vice president, is leaving the company for Orchard Brands, a holding company owned by private equity firm Golden Gate Capital.

November Circuit City asks former employees, including some staffers replaced by lower-paid workers earlier in the year, to apply for new jobs. Circuit City reports a bigger-than-expected fiscal third-quarter loss and forecasts a loss for the quarter that includes the holiday shopping season, which is typically its most profitable quarter. Shares drop 29 percent. January 7: The retailer says December sales at stores open at least 12 months fell January Circuit City names John Harlow chief operating officer and says he will supervise retail stores, real estate and information technology.

The post had been vacant since Entertainment industry investor Mark Wattles indicates in a filing that his firm has acquired 6. February 9: Wattles-led Wattles Capital Management, which owns 6. April 9: Circuit City reports a small and unexpected fiscal fourth-quarter profit as costs fall in the wake of store closings. April Circuit City declines due diligence, citing concerns about financing of the bid.

May 9: Circuit City, reversing course, agrees to open its books to Blockbuster, says it is exploring strategic options and has settled proxy fight with investor Wattles. June Circuit City posts a wider fiscal first-quarter loss on falling sales; suspends its dividend to save cash. July 1: August Circuit City says it appointed director James Marcum to the role of vice chairman.

September Circuit City announces that Schoonover agreed to step down as chairman, president and chief executive; Marcum named acting president and CEO. Circuit City reports a wider fiscal second-quarter loss, withdraws its financial outlook and says store closures could be part of a turnaround plan. Shares drop 21 percent. October November 7: Richmond-Times Dispatch, a local newspaper, reports that Circuit City has let go up to workers at company headquarters in Richmond.

The company declines to comment. Discover Thomson Reuters. Answers On Innovation Thomson Reuters. Directory of sites. United States. Business News. Circuit City approves cash awards designed to retain upper-level executives. Circuit City, reversing course, agrees to open its books to Blockbuster, says it is exploring strategic options and has settled proxy fight with investor Wattles June November 3: Circuit City announces plan to liquidate and close of its U.

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Hey Circuit City, Where are all the Bargains?

As a follow up to our wonderful mall shopping experience our undercover shopping team visited a pair of local big box stores Best Buy and Circuit City to see what these stores have to offer notebook shoppers. We compared both their online and retail stores in terms of product selection and display, sales and service, and in-store notebook repairs and upgrades. We selected a pair of Best Buy and Circuit City stores in Mason, Ohio for our undercover shopping experience because both stores are literally located across the street from one another … making them prime targets for consumers looking for the best deal on notebooks. Shoppers can immediately expect one thing upon entering the notebook computer area of the sales floor … service before you even walk up to the first laptop. Our undercover shopping team experienced incredibly fast response from the Circuit City sales team. Unfortuantely, this is somewhat of a necessity for the salespeople because Circuit City chose to install proprietary software on all the notebooks … preventing shoppers from playing with the machines or getting a feel for real-world performance.

Minneapolis-based Best Buy, the No. Research , Estimates said it expects to earn between 30 to 35 cents a share.

It s a sad day for electronics shoppers: Circuit City, the second-largest retailer of consumer electronics, has announced it is forced to close all its remaining U. The closing also leaves 34, Circuit City employees out of a job. The company entered bankruptcy protection in November , and needed a healthy shopping season-and an infusion of funds-in order to continue going. Neither happened, and today it filed with the U. Circuit City says it will begin a sale of its merchandise starting Saturday lasting through March

Circuit City to liquidate remaining U.S. stores

But you might miss it accidentally, if you keep wasting time, as the black Friday shopping season has come with great discounts, but the sales might go off very soon, depending on their stocks stores have, specially Circuit City, which offers high discount with quality products, so they always have a limited stock, so if you want to save money, then make a move and grab these black friday offers a soon as possible. Talking about Circuit City Store, over the year,s they have evolved and now they are trust-able, having a good base of customers, who really like their products, so if you really want to get benefited from these black friday deals, then you can opt for this store, without worrying about anything. Popular Products on Black Friday Sale: Popular Black Friday Stores: Amazon Walmart Target Best Buy.

WATCH THE VIDEO ON THEME: Circuit City Store 897 Final Days before closing

Sizing up Circuit City’s space

Circuit City Stores Inc. About 34, employees of the Richmond, Va. But with liquidation sales now under way, customers are complaining that prices are sky-high, and the company has little information on the number of local employees or details of the sales. Staff at the San Mateo store, located at S. Grant St. But one employee said the store officially closed Friday when liquidators took over operations. As of Wednesday, the sale featured discounts of 10 to 30 percent, with most big-ticket items selling for 10 percent off. Scott Carpenter, executive vice president of Great American Group, one of four liquidators handling the closures, said the pre-discount prices were the same as what Circuit City had always charged apart from weekly specials. E-mail Jessica Bernstein-Wax at jbernstein dailynewsgroup.

Circuit City to Liquidate Remaining Stores

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Is Best Buy following CompUSA, Circuit City to certain doom?

Score the lowest price possible, period. We will match if not beat any price you find elsewhere from other select retailers with no questions asked. Exclusions may apply. We ll match if not beat any price you find elsewhere with no questions asked. Press enter to collapse or expand the menu. We re here to help. Product Comparison. The maximum number of products that can be compared is 4. Please refine your selection. Your session is about to timeout due to inactivity.

Circuit City

It seems as the new millennium rolled in, many older stores started changed and started to go downhill. Some of them went out of business completely. And one of the biggest stores that comes to mind is Circuit City. Circuit City was an American multinational consumer electronics retail store that sold everything from sold everything including software, video games, music, VHS, DVDs, Blu-ray discs, TVs, mobile phones, digital cameras, car stereos, video cameras, home appliances including washing machines, dryers, and refrigerators. It started out as Wards Company in , until it was renamed to Circuit City in and pioneered the electronics superstore format. At the time of liquidation, it was only the second largest electronics retail store in the U. Circuit City was one of my favorite stores to go to as a kid back in the s. It was a great place to shop for electronics like new computers, TVs, and radios. Back in the old hometown I used to live in back in the 90 s, we didn t have a Best Buy and places like Wal-Mart or Kmart didn t sell as many electronics so Circuit City was the best place for me to go to if I wanted to shop for electronics. But, what I miss most about Circuit City was the general atmosphere of the store.

The basic pattern that CompUSA closed brick-and-mortar stores in and Circuit City closed stores in followed was:

After filing for bankruptcy at the end of last year, the electronics giant announced in January that it was going out of business, and by March it had shuttered all of its stores nationwide, including nearly a dozen in New York. Now, five months after that shutdown, four sites in Manhattan and three in Brooklyn remain vacant. The spaces formerly occupied by Circuit City, which entered the New York market in and was one of a number of national mega-retailers to go belly up this year, are something of a case study of the New York City retail market. Three of the spaces have been leased, while other sites have sparked interest from national companies that have toured the stores. In May, P. Both stores are reportedly 31, square feet. While new tenants can expect to pay more than Circuit City did for spaces it leased in the s and early s, rents are down compared to what they were last year. The site has a ground-floor entrance but is primarily located on the second floor, and P. Richard and Tommy Hilfiger were previously mentioned as possible tenants. Joanna Rose, a spokeswoman for the Related Companies, which controls the site, said Best Buy would open in the fourth quarter of While Rose would not comment on rent figures early last month, Consolo, who is not working on the site, said Union Square has retained its rents better than most neighborhoods during the downturn because there are not many vacancies for large stores and because foot traffic is high there. But Consolo said any tenant renting such a large space would presumably get generous incentives from an owner, including some free rent and money toward building out the space. The landlord, Friedland Properties, is marketing the space.

December Circuit City reports a surprise fiscal third-quarter loss after it cut prices on hot electronics like flat-panel TVs and computers to lure customers during the holiday shopping season. The No. Shares drop 17 percent. January 5: Circuit City says December same-store sales rise 4. February 8: Circuit City says it is closing about 70 international stores, mostly in Canada, and that Douglas Moore, its chief merchandising officer, has left the company. The company says it expects to close 7 U.

Bargain hunters headed to Circuit City to take advantage of the retailer s liquidation sales take heed. We checked out a closeout sale in Norwalk, Connecticut earlier this week and found once we got past the signs screaming "30 percent off" there weren t a whole lot of bargains to be had. We did find some good deals, but far fewer than we had hoped. As you ve no doubt heard, Circuit City, the nation s second largest retailer, has gone belly up. We were hoping to find loads of great deals. While some of Circuit City s stock such as cables and wiring and DVD movies at the store we visited were marked down 30 to 20 percent, big tag items were only cut by 10 percent. Still, in this economic climate even a 10 percent off sale is welcome. To find out just how good the deals were at Circuit City we compared prices with four other big retailers - Best Buy, Amazon. The verdict? Our inner-bargain hunter was crushed when many sale items sold at Circuit City were no bargain at all. Let s take a look. Cameras not your thing? Some printers and iPods were worth braving the crowds for. But the best deals to be had were the iPods.

VIDEO ON THEME: 4 REASONS WHY CIRCUIT CITY KILLED THEMSELVES
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