— -- Consumer electronics retailer Circuit City will be closing 155 of its stores, which is one quarter of its retail locations. The company blames a wide range of systemic problems with its ...
At the risk of dating myself, I'm old enough to remember the days when Best Buy had a formidable rival in superstore chains: Circuit City. A cross between an appliance store (at least until it stopped ...
Circuit City Stores Inc. (NYSE: CC) said Monday it is pulling the plug on about 20 percent of its U.S. stores in an effort to return the nation's No. 2 consumer electronics retailer to profitability.
Circuit City Stores Inc., which lost its perch as the nation's top electronics retailer nearly a decade ago and has struggled to compete since, yesterday said it received a takeover bid that could end ...
Remember Circuit City, the medium-sized electronics store with the red plug storefront? It's coming back, according to CEO Ronny Schmoel, who announced the news in Las Vegas at CES, the world's ...
Circuit City Stores Inc. will try to turn itself around under the protection of the federal courts. A week after announcing that it was closing 155 stores and laying off thousands of employees, the ...
RICHMOND, Va. -- The company said it will shutter 155 of its more than 700 stores in 55 markets, including Phoenix and Atlanta, by Dec. 31, laying off about 17% of its domestic work force. According ...
"I'm thrilled and can't wait to see it happen," says Ray Lepper, president of Home Media Stores, a digital integrator in Richmond, Va., and past president of CEDIA, the trade association that ...
Circuit City Stores Inc. yesterday started the arduous process of dismantling its massive retail business, but it could take two years before the entire company completely disappears.
Circuit City yanked MAD Magazine from its stores after execs discovered the publication's recent "Sucker City" spoof. But, before anyone noticed, realizing how dumb this was, Circuit City was trying ...
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