Circuit City going out of business

[Eagler]

when will it be Best Buys turn?

the on line folks may last longer but if the trend continues to accelerate, many of them will die as well.

it is a terrible circle ... hope the 30k out of work CC ppl find employment of some kind soon

we are in for even worse times ahead IMO - "change" can be "Change" for the worse as well ......

[Shamus]

After they fired their long term employees and offered to hire them back at reduced pay a couple of years ago, I quit even reading their adds.

shamus

[Mickey1992]

I went to Circuit City before the holidays to buy a new digital camera.  The guy working there seemed to be knowledgeable.  I decided on a particular camera and he said it was a good choice, and I could get it for $15 cheaper if I went to circuitcity.com. 

What?  It's on sale but only at the company's website?  I said OK, thanks, and left.

I went next door to H.H. Gregg and they had the same model in stock at the circuitcity.com price.  It seems a stupid business practice to have your company's web site competing with your brick and mortar stores.

[Fulmar]

I went next door to H.H. Gregg and they had the same model in stock at the circuitcity.com price.  It seems a stupid business practice to have your company's web site competing with your brick and mortar stores.

They're catering to different crowds.  To stereotype, older folks who don't really shop on the intertubes still shop in stores.  While younger generations are going to shop and compare online.  Their warehouses that ship circuitcity.com's stuff has A LOT less overhead than the actual store.  Comparing prices on the internet takes seconds so they have to keep their prices low to compete, while at the brick and mortar store, how many people are going to shop all around town for that extra $10 off?

I went to CC today and everything was 10% off, 20% on DVD's and 30% of accessories that usually have a pretty good gross profit percentage.  The parking lot was packed, and it filled the two neighboring stores as well.  Some people were walking away with HDTV's and stuff but I saw a lot of people that walked out empty handed.  I guess if I was in the market and had the money, I may have considered buying a TV, but with "All sales final" I'll pass.

[rpm]

I bought a 55" RCA big screen demonstrator from CC a few years ago. Got it home and it worked for an hour then quit. CC offered me my money back, but I wanted it repaired. They referred me to RCA/Thompson. After several months sitting in their shop it was decided it couldn't be repaired and the model had been discontinued.

Long story short, RCA gave me a 65" 1080p HDTV as compensation. Paid $500 for the original, the replacement cost $2500.

[Getback]

I wonder where if it will be one of those deals where they sell the entire stock to a 3rd party. Then the 3rd party marks the prices up to an outrageous amount and then says it's 50% off.

Seen that many many times over the years.

[sluggish]

I bought a 55" RCA big screen demonstrator from CC a few years ago. Got it home and it worked for an hour then quit. CC offered me my money back, but I wanted it repaired. They referred me to RCA/Thompson. After several months sitting in their shop it was decided it couldn't be repaired and the model had been discontinued.

Long story short, RCA gave me a 65" 1080p HDTV as compensation. Paid $500 for the original, the replacement cost $2500.

I had a similar situation with an RCA TV.  They came to my house to replace my TV with a newer model at no charge to me.  They have excellent customer service.

[texasmom]

For Christmas, found a little x-box keypad, typing thingie there that nobody else had in stock. I'll be disappointed if the rest of the electronics places around here don't step up their stock selection and there's no circuit city around to pick up the slack.

[WilldCrd]

I wonder where if it will be one of those deals where they sell the entire stock to a 3rd party. Then the 3rd party marks the prices up to an outrageous amount and then says it's 50% off.

Seen that many many times over the years.

Already been done. I checked out CC yesterday. they had several HDTV's for over 1k. I checked several sunday ads for the same tv's all 100-200 dollars cheaper. Now here's the kicker. The sunday paper carried CC's ad from before the bankruptcy, the SAME tv was $899.00
The store is selling it 20% off for $1250.00 
I think ill wait another week or two then go back for a new game, dvd and maybe a new nifty keyboard. the lights on mine are starting to wear out.