Circuit City officially closing its doors |
Ó
It's official. Circuit City is now officially six feet under after
failing to find a buyer, leaving 30,000 more people unemployed. They will be closing and liquidating their 567 stores across the US.They filed for bankruptcy last November, and had explored other options to keep itself afloat, but wasn't able to weather the worsening economy and the growing threat of competitor Best Buy.
I feel really sad for them.... is it bad that I'm hoping they'll have a closing sale? Bad Isaac, bad.
Related Articles:
- Circuit City for sale
- Rumor: closing Circuit City stores to have clearing-out sale for games
- More depressing economic news: Circuit City shutting 155 stores, to lay off thousands
Via Herald Tribune
47 Jumps PSP homebrew - PSP live TV v0.3
41 Jumps PSP homebrew - PSP Live TV v0.4
20 Jumps PSP homebrew - QMixer v1.0
18 Jumps Buy two, get one free at Best Buy
14 Jumps Atlus now mass-recruiting debuggers
Contact Us:
The QJ.net Network |
 |
| Site | Feed |
| QJ.NET | RSS |
| Nintendo DS | RSS |
| PlayStation 3 | RSS |
| PSP Updates | RSS |
| Wii | RSS |
| Xbox 360 | RSS |
| MMORPG | RSS |
| Personal Computer Games | RSS |
| iPhone - iPod Touch | RSS |
| QJ.NET Forums | RSS |
Add QJ.NET
User Favorites - December
User Favorites - December
Categories
Archives
Accessories
Add-ons
Applications
Artwork
Batteries
Cheats
Deals
Emulators
Events
Featured Articles
Firmware
Flash Applications
Flash games
Game Demos
Games
Hacks & Exploits
Homebrew Applications
Homebrew Demos
Homebrew Development
Homebrew Emulators
Homebrew Games
Homebrew Themes
How-To
Humor
Imports
Interviews
Magazines
Mods
MY QJ
News
Off Topic
On Shelves This Week
Opinions & Analysis
Podcasts
Previews
PSP Go
PSP Minis
PSP Slim & Lite
QJ How-To Series
QuickJump QuickGuide
QuickJump QuickPeek
Reviews
Rumors
Scans
Screenshots
Site News
Titles
UMD Movies
Videos
Weekend Warrior
Wi-Fi
December 2009
November 2009
October 2009
September 2009
August 2009
July 2009
June 2009
May 2009
April 2009
March 2009
February 2009
January 2009
December 2008
November 2008
October 2008
September 2008
August 2008
July 2008
June 2008
May 2008
April 2008
March 2008
February 2008
January 2008
December 2007
November 2007
October 2007
September 2007
August 2007
July 2007
June 2007
May 2007
April 2007
March 2007
February 2007
January 2007
December 2006
November 2006
October 2006
September 2006
August 2006
July 2006
June 2006
May 2006
April 2006
March 2006
February 2006
January 2006
December 2005
November 2005
October 2005
September 2005
August 2005
July 2005
June 2005
May 2005
April 2005
March 2005
February 2005
January 2005
Comments [refresh]
........will they have a sale?
Store closing sales are a complete ripoff. First they raise the price to an insanely higher level, then they give you 10-15% off. You can go to many other stores and find the same product for less. Even their prices before the closing sale was less. They count on ignorant consumers to say "Hey...look, it's 20% off. Wow!". It's not worth anything until it gets to 60% off and higher. Don't fall for it!!!
the internet is available now. do research on the items you want before you get there...or go to the internet on your phone while your there... i wonder if we can take the adds from circuit city to get them price matched at best buy...hmm
no, you goof. best buy doesn't match "Going out of business" prices...
I was among the the first string of Circuit Cities that were let go. What actaully happes is they sell all their inventor and fixtures in a contract with an liquidator. From there, the liqidatators come in and change the prices. What most pple dont know is that all the liqidator does is remove all previous discounts and starts off with a standard % off. However some things we got from certain vendors were cheaper than others so we could sell it for less too. For example. On the first day of the sale TV's go down to ten percent. And you have been looking at a Panasonic TV for a while now and all the sudden the prices jump up a thousand $$$. What just happened is that the tv u were looking at was probably an old model and Circuit City had Big discount on it (like its competetors) to get rid of it. But when the liquidation prices come in all the TV whether new or old go back to their non discounted original price then the 10% off is taken off of it. So for some items, your really not getting a good deal, but for others like an ipod for example or a wii (things that never go below retail price), its nice to save a few penies. So if u want the best price for something ur lookin for, your gonna have to stalk the item every day as the prices drop, cuz people WILL BUY IT FROM UNDER YOUR NOSE. I saw it happen over and over again. I hope this long message cleared up any confusion. If u still have remarks/questions please post them.
According to all the sites posting the news, pending court approval the sale will begin this Saturday and go until the end of March, but like SBrown was trying to imply is buyer beware, what seems like a deal might not be much of a deal at all, do your research before buying but don't wait too long because you may miss out
it will be missed, was the first mega electronics supplier in my area :(
I guess this is it then. farewell circuit city. then again, there's always the internet. :)
The only good place to shop for electronics is online nowadays. Newegg. TigerDirect. NOBODY can beat those two put together except maybe an ebay auction where people always get ripped off with defective parts and such.
I went to Circuit City 2 weeks ago for the first time in like 8 years and wasn't impressed with a single price in the place!
When Best Buy first came out... I thought it was the shiznit... now it too sucks at most of its prices. I only shop there when things are on sale.
I do feel sorry for all the people who are out of work. But I can't feel sorry for a company name that is a bunch of greedy bastards.
It's a shame people forgot highschool-supply and demand-economics. When you make $60 worth of PROFIT for an item sold, but you only sell 2 a day, common sence should tell you that if you average 20 sales a day while only making $20 PROFIT for that same item... YOU'RE MAKING MORE MONEY BY SELLING IT AT THE LOWER PRICE!
I'm more concerned about the jobs. Geez oh man that is all that's in the news anymore. "And 100,000,000,000 more people lost thier job today."
Look at the bright side. We still have Best Buy
Wal-mart and all retail stores dont have good computer stuff.
If you want amazing deals go with TigerDirect and if tiger doen't have the right price or the right kind. Newegg is the way.
They both carry new or refurbished consoles and games. So I don't have to ***** with Gamestop.
Seriously we have too much retail stores screwing the little guys business's. The only way the little guys can do is sell s-h-i-t on ebay.
Like my town has 2 *****ing wal-marts? WHY 2? Its stupid + a waste of money for good deals for everyone.
I so hate this country now. The instead of high gas prices, they well try to take it out on your f-u-c-king food
Obama better straighten this ***** up!
The Best Screw You Over Buy?
***** them son of a *****es
and the answer is probbly no.
They may have signs but it does not tell us if they remove price tag or drop it.
Where am i going to get my electronics now?
oh right..
First of all selling for cheaper not only sells more but brings in more customers who will BROWSE and possibly buy other stuff too.
Second, Tigerdirect sucks compared to newegg.
Third, Obama is not a fix all solution guys. He doesn't walk into office and a ray of light shines on America and everything is FIXED. No, you give him time and hope he does things right.
I second your second point. NewEgg > Tiger Direct
Also eBay > all for games. Really don't know why you'd go anywhere else. I always get games for 50% or more off retail on there
i agree, i buy everything @ newegg
It's sad to see another big corporation go down because of our "screw you" economy but...
I never liked Circuit City much anyway, and I usually found better prices and a wider selection at Best Buy...
Best buy can beat Neweggs pricess with there hands behind there back. At least whenever I'm looking to buy.
thats a shame