Tag archive: Circuit City

Microsoft has decided to take on Apple head-to-head in the retail business, announcing that it has hired former Wal-Mart executive David Porter to spearhead a new retail storefront effort. Porter comes to Microsoft from DreamWorks Animation, but before that spent 25 years at Wal-Mart, where he was eventually VP and general manager of entertainment—and helped Wal-Mart into one of the biggest music and movie retailers on the planet.… Read More

It's official: Circuit City is going under. The company announced today that it will be seeking bankruptcy court approval to liquidate the company's assets, including its remaining inventory, retail locations, services, and its online operations like FireDog. The move will mark the end of some 567 retail locations in the the United States and over 760 retail stores and dealer outsets in Canada. The company employes over 30,000… Read More

Just a week after announcing it would be closing 155 stores before the holiday buying season gets fully underway, Circuit City has announced it has 3 in order to keep its remaining locations open for business. Circuit City was forced to make the move after vendors expressed serious doubts the company would be able to pay for products it planned to move into its stores; filing for Chapter 11 bankruptcy protection assured vendors they will… Read More

Electronics retailer Circuit City has announced plans to close 155 store locations and lay off approximately 17 percent of its workforce, in what might be a last-ditch effort to restructure its business. The official list of store closures (PDF) is available now; the company plans to conduct the shutdowns before the holiday buying season begins in earnest so it can transfer inventory and personnel to better-performing locations and make… Read More

The Wall Street Journal reports that electronics retailer Circuit City is facing a very tough decision: either close 150 stores, or file for bankruptcy protection. A decision to declare bankruptcy could have a major negative effect on the company, potentially eroding consumer confidence in the retailer and raising doubts about whether the company would be around to honor warranties and other deals. While closing a large number of stores… Read More

For those who haven’t had a chance to ogle HP’s high-profile BlackBird setups at tradeshows and other promotional events, the company’s slick gaming machines have largely remained catalog eye candy to lust over on the net. But not for long. HP will soon put the machine’s crowd-drawing capabilities to work in storefronts when it begins selling the BlackBird 002 at brick and mortar shops this summer. The… Read More

Struggling video rental company Blockbuster has disclosed that it made an unsolicited offer to buy struggling technology retailer Circuit City back in February, offering to pay $6 to $8 per share in a transaction worth up to $1.3 billion. According to Blockbuster chief james Keyes, the combined companies could create a retail powerhouse built on personal electronics and digital media, but Circuit City has failed to perform “due… Read More

We’ve all hopped on the wrong bandwagon at some point, whether it was Pogs in fifth grade, Pets.com stock in 1999, or Betamax back in ’80s. Fortunately for some HD DVD buyers who found themselves in this situation after the recent death of the format, there might still be a way out. Circuit City enacted a policy on Thursday that it would extend its normal 30-day return policy to 90 days for HD DVD players. This means that even… Read More

Retailers are getting ready to begin offering the U.S. public digital television converter boxes so Americans can keep watching their beloved old-school analog televisions when analog television broadcasts are finally terminated on February 17, 2009. The National Telecommunications and Information Administration (NTIA) has announced that more than 100 consumer electronics retailers (including Wal-Mart, Best Buy, Circuit City, Kmart, Radio… Read More

Electronics retailer Circuit City will begin offering desktop and notebook systems from independent computer maker Velocity Micro beginning July 22. Under the deal, Circuit City will be the exclusive retail source for Velocity Micro's NoteBagic X20 and X25 notebook systems, featuring Intel Core 2 Duo processors and Nvidia GeForce 8M graphics controllers with DirectX 10 support. “We're very excited to join forces with… Read More

Electronics retailer Circuit City has announced plans to launch a new digital music service powered by Napster, offering customers access to millions of downloadable songs plus exclusive content and new releases added every week. Dubbed Circuit City + Napster, the new service is set to launch April 29 and will carry a $14.95 per month subscription price, with the first month and five song downloads available free of charge. The service… Read More

It was just after the clock struck 2007 that Time Warner let slip that it planned a hybrid disc format designed to end the so-called "format war" between Sony's Blu-ray and Toshiba's HD DVD for the high-definition DVD marketplace. Now that CES is upon us, Time Warner is touting the format very loudly—and has already lined up support from major retailers. Time Warner's "Total Hi Def"—or Total… Read More

Electronics giant Sony plans to begin selling its $1,000 BDP-S1 Blu-Ray disc player in July 2006, with Blu-ray equipped desktop and notebook computers becoming available about the same time. According to Sony, customers can begin pre-ordering the units through SonyStyle.com and other Internet retailers (Best Buy, Circuit City, Amazon.com, and others) beginning today. Although Sony's the leader of the Blu-ray camp of next-generation… Read More

SanDisk Corporation today introduced a 2-gigabyte (GB) Memory Stick PRO Duo Gaming Card to provide PSP owners with plenty of removable storage for video clips, MP3 music tracks, digital still photosand game data. The announcement was made at Electronic Entertainment Expo (E3), where SanDisk is showing its gaming cards and accessories in Kentia Hall, Meeting Room 7008 of the Los AngelesConvention Center. SanDisk is working on increasing its… Read More

“In response to customer complaints, Best Buy Co. Inc., the world's largest electronics retailer, promised Friday to eliminate mail-in rebates within two years. Best Buy's rivals, including CircuitCity Stores and CompUSA, are expected to follow suit. “Our customers are telling us they just hate the process,” said Ron Boire, executive vice president and general merchandise manager at Best Buy.” We love to… Read More