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  #1  
Old 01-16-2009, 09:10 AM
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Circuit City to be liquidated!

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It has just been announced that Circuit City will be liquidated, closing all (over 500) stores, approximately 35000 to lose jobs.

Will this affect any TalkBass members?
  #2  
Old 01-16-2009, 09:41 AM
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Damn! I heard rumblings about this yesterday...I mean, I have no love for the chain, but that just really sucks.
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  #3  
Old 01-16-2009, 09:50 AM
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I remember someone telling me a couple months ago that CC had overhauled it's sales strategy some time ago in order to cut costs.

They [allegedly] basically got rid of their trained and commissioned sales staff and went with less trained and lower paid employees. The new people didn't know much and sales dropped. That's what I heard at least.
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  #4  
Old 01-16-2009, 09:52 AM
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This is old news, Circuit City had announced this 2 months ago.

They closed the one by me around then.
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  #5  
Old 01-16-2009, 09:55 AM
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That's too bad. I much prefer CC over BB. The general knowledge of product was higher. Returns and servicing was a breeze - no lines, no convulted return policy. Most of my pocket and medium size electronics were purchased there - laptop, Wii, portable DVD, games, cameras, DVD player, computer accesories. I guess the lack of noticeable traffic when I went there in the last 6 months spelled their ultimate demise. Wonder what will happen to any of my outstanding warranties?
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  #6  
Old 01-16-2009, 10:01 AM
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Woo, time to pick up cheap stuff.

lowsound
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  #7  
Old 01-16-2009, 10:10 AM
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Woo, time to pick up cheap stuff.

lowsound
THat would be a first for Circuit CIty, I guess a last too..
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  #8  
Old 01-16-2009, 10:13 AM
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THat would be a first for Circuit CIty, I guess a last too..
I wouldn't know, there aren't any CCs in Canada.

lowsound
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  #9  
Old 01-16-2009, 10:16 AM
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I wouldn't know, there aren't any CCs in Canada.

lowsound
Yea, we have their lame step-brother The Source (By Circuit City).

Still, didn't these guys file for Chapter 11 months ago?
  #10  
Old 01-16-2009, 10:19 AM
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Yea, we have their lame step-brother The Source (By Circuit City).

Still, didn't these guys file for Chapter 11 months ago?
Yeah they did, but now they are closing. Big difference.

lowsound
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  #11  
Old 01-16-2009, 10:22 AM
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That's too bad. I much prefer CC over BB.
I stopped going to CC years ago due to the sales staff's lack of product knowledge (at least at the Tulsa store). I started going to Ultimate Electronics, and it was a much better experience overall.
  #12  
Old 01-16-2009, 10:26 AM
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A guy I know works there. He found out about a week ago he was one of the ones being let go. Now EVERYONE is. Doesn't really make it any better.
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  #13  
Old 01-16-2009, 10:28 AM
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Now the demon spawn known as Best Buy can wreck havok indefinitely
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  #14  
Old 01-16-2009, 10:33 AM
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The CC around here is like a ghost town. I loved shopping there for the easy in and easy out. Both BB's up here are zoo's from the moment they open until the doors close each night.

Too bad, I am going to miss them.

-Mike
  #15  
Old 01-16-2009, 10:36 AM
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Originally Posted by jazzy grille View Post
This is old news, Circuit City had announced this 2 months ago.

They closed the one by me around then.

Yes but recently they said they might have found a buyer, but I guess that fell through.

Their scam of a going out of business sale did nothing to save anyone some money.

There were no huge deals I saw. Its as bad as Linen & Things where they marked the prices up!
  #16  
Old 01-16-2009, 10:40 AM
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iPods at liquidation prices?
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  #17  
Old 01-16-2009, 10:44 AM
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Quote:
Originally Posted by jazzy grille View Post
This is old news, Circuit City had announced this 2 months ago.

They closed the one by me around then.
Not old news, the liquidation hearing was this morning. 2 months ago or so they closed around 155 stores. As of today, they will be closing ALL the stores, about 560 more.
  #18  
Old 01-16-2009, 10:49 AM
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My CC experiences were rather lame in recent years--pushy salespeople, limited selection--and I'd heard similar stories from others. It was understandable to me that BB was eating their lunch. But lately, yeah, BB has become so successful/busy that going in is a chore, and it's harder to get quality assistance.

Fortunately, the Chicago area has a really good local store with just as many choices as the big guys, sometimes more (Abt Electronics). I make all my major purchases there.
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  #19  
Old 01-16-2009, 10:50 AM
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That sucks. Omaha had one for a while that closed several years back. Decent store, although they put theirs a block from Nebraska Furniture Mart, which is a local powerhouse. I kinda liked 'em.
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  #20  
Old 01-16-2009, 10:50 AM
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Quote:
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iPods at liquidation prices?
good thinking
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