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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]


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22 comments | showing # 1 to 22

Alexradl's Avatar
Alexradl at 11/03/2008 11:08
I haven't been in a Circuit City in years. I'm surprised it took them this long.
falinter's Avatar
falinter at 11/03/2008 11:11
The few times I've been in a Circuit City, I was instantly depressed. Something about being in that place makes me want to leave it immediately.
BluDesign's Avatar
BluDesign at 11/03/2008 11:16
I'm point this out here as a general warning.

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.
BlindsideDork's Avatar
BlindsideDork at 11/03/2008 11:18
Circuit City gave me my free God of War 2 shirt...what's wrong with that?
Funkiller's Avatar
Funkiller at 11/03/2008 11:19
There is a reason why we call it Circuit Shitty. After a couple "Best Buy is sold out, so let's try there" runs resulted in fail, it was dead to us.
MrSadistic's Avatar
MrSadistic at 11/03/2008 11:22
The CC near me, well that WAS near me, was such complete crap. The displays were just awful and the store was incredibly small. Sorta reminded me of a Radio Shack. Sucks that it got closed down though.

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.
dv8withn8's Avatar
dv8withn8 at 11/03/2008 11:30
It's too bad. I really wanted to like Circuit City but they shot themselves in the foot. As far as gaming is concerned, they always have low stock and almost never have new releases on launch day when Best Buy down the street or the GameStop across the parking lot always did.

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.
gotdurnrite's Avatar
gotdurnrite at 11/03/2008 11:39
Circuit City was always hit and miss. It depends on who you get and how hard they want to push their warranties and monster brand products on you. I still go there tho.
Infinite Obscurity's Avatar
Infinite Obscurity at 11/03/2008 11:42
Circuit City would always have some great deals on games, but I remember them hardly having any stock. At one point I really wanted to get a $10 new copy of Eternal Sonata from them but it was impossible to find. And they always had horrible locations. The one I went to was crammed in between 2 gamestops, a best buy and a P.C. Richards.
king3vbo's Avatar
king3vbo at 11/03/2008 12:19
A 486 for under 1000 dollars?

AMAZING
atastysammich's Avatar
atastysammich at 11/03/2008 12:22
Aw damn! They were good to me last Black Friday. Now I hate living in the Midwest slightly more than I already did.
John B's Avatar
John B at 11/03/2008 12:34
Circuit City went downhill after their DIVX fiasco. I know that I personally was on a CC boycott because of that for a while. But when I started to go back the comparisons were almost as literal as night and day.

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.
MissHinasaki's Avatar
MissHinasaki at 11/03/2008 12:38
I've never actually seen a Circuit City before. It's all about the Best Buy around here.
Mattchewie's Avatar
Mattchewie at 11/03/2008 14:01
@John B,

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.
John B's Avatar
John B at 11/03/2008 14:15
@Mattchewie:

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.
Mr Gilder's Avatar
Mr Gilder at 11/03/2008 14:16
This strikes me as a bit of a shame. In my neighborhood, we have a Circuit City and Best Buy practically across the street from one another. At least in my neck of the woods, I preferr the Circuit City. Their employees are always much more helpful and better informed, and their selection for larger purchases (computer parts, tvs, sound systems, etc) is always much more impressive than the Best Buy's. BB usually has them beat for DVD selection and general cuteness of girls hired . . . but that hardly accounts for much in the long run. I hope my local CC is spared the hammer.
moominsean's Avatar
moominsean at 11/03/2008 14:37
i've never had a good experience at a circuit city. from the very first time i visited one way back in like 1994 and was ignored by the clerks, to the last time i visited a couple months ago and was ignored by the clerks (and heard a couple of them badmouthing a spanish-speaking customer). shitty store, shitty service, they deserve to die.
Iroquois Pliskin's Avatar
Iroquois Pliskin at 11/03/2008 15:28
I fucking hate Circuit City. Their selection is shit, they always overcharge for everything, including the goddamn floor models.

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?
Wedge's Avatar
Wedge at 11/03/2008 19:54
About fucking time. I've been waiting for them to go down ever since Comp USA crashed and burned.
whormongr's Avatar
whormongr at 11/03/2008 23:44
wow, I think it was 10 of the stores listed that are here in the bay area- out of the 25 or so california stores listed that is gonna suck for the unemployment numbers
superezekiel's Avatar
superezekiel at 11/09/2008 14:49
I constantly used to confuse random retailers for Circuit City until I'd drive there, only to find out it wasn't a Circuit City.

They always have these amazing deals that Best Buy never has, now I see why ;/
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