Circuit City is doing sh*tty these days. You know it's bad when Sony holds back shipment of PS3s for fears that the retailer couldn't properly pay for them. While not confirmed to be true, that rumor is especially bad for a retailer said to hold up to 10% of the videogames market in North America. Things seem to be getting worse now, with store closures on the horizon.
Just a month before U.S. shopping rampage Black Friday, it looks like Circuit City will be closing 155 stores. Engadget says that the news was doled out at the "holiday kickoff" meeting. Harsh. A full list of closing stores is supposed to be released soon.
Gizmodo is hearing similar things. They say that the Midwest stores are getting the cut, as they're the ones that underperform for the company. An employee chimed in to say that a store meeting confirmed that a liquidity firm would be taking over soon.
Best Buy seems to be squashing them. I don't think there's much difference in price between the two, though. Maybe it's the commercials. Circuit City has the worst commercials ever. Remember the stupid one where a huge plug plugs into the store's roof? With the lighting bolts and all?
[Via GamePolitics]
Dale North is Destructoid's Editor-In-Chief, a founding editor, and specialist in Japanese gaming. An accomplished musician, Dale was reporting from Japan during the earthquakes of 2011. Luckily, he got the fuck out alive and is home in America now with his wife and beloved corgi, Einstein. Dale is also a co-founder of Destructoid's sister anime site
Japanator. Likes Corgis, Sega Saturn, PSP, iPhone, Photographic tools.
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Contest:
11:06 AM on 11.03.2008
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Make sure you do smart shopping and comparisons when going into these stores that get hit with the liquidation sales.
Many times the bargains they claim to have are actually not that good of a deal.
Make sure to shop around before you buy.
The funny thing is that a CC just opened up near the Best Buy I usually go to. It's one of those "City" stores.
This was a common theme throughout any Circuit City store on top of a less than helpful staff and 1 checkout lane open at any given time.
I think "poor business model" sums it up.
AMAZING
Seriously. I find that every Circuit City I've ever been in is very dark and poorly lit whereas just about all Best Buys are brightly lit. The does have an impact on one's attitude.
At least Best Buy realized that people hate rebates and got rid of them quite some time ago. Circuit City (at least as far as the last time I was in there a few months ago) still seemed to have a fap-fest with rebates. I fucking hate rebates!!
And I have to echo other sentiments here that CC just never seemed to have items in stock whereas BB almost always would have the item.
I'm surprised that no stores in Pennsylvania will be affected. Still won't go back there unless I need to, though.
Amen! mail in rebates has to be the biggest retail scam ever. Personally in todays day and age, if there is to be a "rebate" it better be instant.
That the reason why I also stay the fsck away from TigerDirect. Some of their advertisements have more asterisks (rebate required for price) than not. Screw that.
http://files.shareholder.com/downloads/CC/455353003x0x245809/2BFAC9D9-6CEF-4027-9E51-1C635F42F7A7/110308%20Store%20Closing%20List.pd
I hope the one by me is closing down, so i can rape their inventory at the fire sale.
I have a philosophy about businesses.....if your primary color is red, you're pretty much fucking evil. The ONLY exception is Target/Walmart. Target is a little more expensive, but is an awesome, non-asshole company, whereas walmart is cheaper than fucking dirt, but they're a shit company. generally though, red=asshole business. Think about it...circuit city=assholes, bestbuy=133t...continue until you can't think of anymore..
I mean, given they way they run themselves, is this any kind of surprise?
They always have these amazing deals that Best Buy never has, now I see why ;/
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