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News Circuit City files for bankruptcy protection

Discussion in 'Article Discussion' started by CardJoe, 11 Nov 2008.

  1. CardJoe

    CardJoe Freelance Journalist

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  2. TreeDude

    TreeDude New Member

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    Their stock has been steadily falling and now sits at $.10 (was $.20 before the bankruptcy announcement). Could be a good buy if they rebound next year. I hope they do, I don't want Best Buy to be the only major electronics retailer out there.
     
  3. pizan

    pizan that's n00b-tastic

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    a few friends and i are taking a little trip to one of the stores thats closing to see what we can squeeze out of it
     
  4. pendragon

    pendragon I pickle they

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    that's sad.. I always liked Circuit City :-/
     
  5. HourBeforeDawn

    HourBeforeDawn a.k.a KazeModz

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    saw this coming, they really need to improve big time. I dont ever go there anymore since I started going to BB and buying Online.
     
  6. Stuey

    Stuey You will be defenestrated!

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    Good luck. CC is using the same liquidators that CompUSA used, which means they'll mark up the prices before they discount them.

    This was inevitable - last year they reported very poor sales even before the money crunch started.
     
  7. The_Beast

    The_Beast I like wood ಠ_ಠ

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    That sucks


    Best Buy isn't my favorite place to shop for eletronics
     
  8. DXR_13KE

    DXR_13KE BananaModder

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    why don't they pay sensible wages to the fat cats?
     
  9. OtakuHawk

    OtakuHawk New Member

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    circuit city used to have good sales and support ppl. I knew several of them. they knew their ****.

    then they got the brilliant idea of firing them all and replacing them with minimum wage morons.

    and then they couldn't understand why their sales numbers dropped.

    fark them. I hope the management ends up penniless under a bridge.
     
  10. Major

    Major Guest

    Same goes for every other business / organization etc in the whole world.
     
  11. docodine

    docodine killed a guy once

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    Strange, I got great deals at the closing CompUSAs... Best one was a Logitech G15.

    It was marked down to $60, and it was sitting on a half-price rack. On top of that, there was a $30 rebate on the box. It probably was a mistake, but after about a month, the rebate went through.

    I paid several cents for a pretty nice keboard.

    I might stop by the local Circuit Cities, I need a copy of Vista... They were <$60 at the closing CompUSAs, hopefully similar at the Circuit Cities.

    And by the way, Target and Wal-Mart could probably rival Best Buy in their electronics departments within a few years.
     
  12. jhanlon303

    jhanlon303 The Keeper of History

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    Where I live we have/had Circuit City and CompUSA right next to each other and across the street from BestBuy and WallyWorld. I'm sad to say that in my 6 decades on this planet I have never bought anything from Circuit City.
    Am I too old to learn? The CompUSA close outs were crap. Any hope of CC having any deals?

    John
     
  13. Amon

    Amon inch-perfect

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    The chain is branded as "The Source" in Canada. I will raid the nearest store tomorrow after work.
     
  14. chrisb2e9

    chrisb2e9 Dont do that...

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    not radio shack! noooooo!

    Oh well, cant remember the last time I actually bought something there.
     
  15. Firehed

    Firehed Why not? I own a domain to match.

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    I'll be glad to see them go, massive suckfest. Consistently terrible service, bad prices, poor policies, and unfriendly staff.
     
  16. knuck

    knuck Hate your face

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    I was going to say the exact same thing


    This store always sucked.

    It was trying to be a small Best Buy but couldn't
    It was trying to be a small Toys' R Us but couldn't
    It was trying to be a [Insert real computer store name] but couldn't
    It was trying to be a serious electronic store but couldn't

    All it had were annoying salesmen (can't be blamed for trying to get commission, but still) and ridiculous prices (9$ for 4 AA batteries that lasted an hour and a half in a CD player)
     
  17. notatoad

    notatoad pretty fing wonderful

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    somebody said that the source was a different entity despite the circuit city branding and would not be closing. :confused: so maybe no closeout sales for us canadians.
     
  18. Volund

    Volund Am I supposed to care?

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    hum, may go over and check it out... perhaps they have some games up for cheeps ;)
     
  19. naokaji

    naokaji whatever

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    Let's welcome America to Europe where Pc retailers that actually stock a big range of HW are long extinct, margins on pc parts are simply too low these days for retail stores to be able to survive on a big scale.
     
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