The AbyssThe Abyss

Posted on Jan 19th 2009 at 11:59:03 PM by (TraderJake)
Posted under Service is State of the Art, Banruptcy, Circuit City, Liquidation Sales

So, what happened, Circuit City? In the eighties your service was state of the art! You even said so yourself! So why is it that a few days ago you decided to liquidate all assets, which in layman's terms means to close. Certainly it wasn't the fact that in the nineties you failed to update your incredibly dreary stores to fit new retail trends. While Best Buy had bright and inviting stores your stores continued to look like the dark, black abodes of sleazy electronics salesmen that was supposed to be a relic of the eighties. Might that have helped in bringing your downtown? Possibly, but who can be certain.

You tried to change, Circuit City. Your new stores look like a Best Buy ripoff, except instead of blue they are red. Too bad though that your changes we too little, too late. By the time you chose to adapt, Best Buy was already dominating the market, and there was little room for you to catch up. When we entered the second Great Depression, you were screwed.

So here we are today. Circuit City is closing. I'd shed a tear, but I worked at Best Buy and I loved it. I mean sure Best Buy has a few screw ups here or there, but Circuit City failed over the whole decade.  And of course there are now the massive liquidation sales going on, but as The Consumerist states - Be Careful! Liquidators mark up items to their original prices or higher just so they can be "marked down" 30%. Sometimes, you might even spend more money on the item during the liquidation. Also, if you have Circuit City gift cards, you might want to spend them now.

Goodbye, Circuit City. You're service may have been state of the art in the eighties, but your inability to adapt coupled with the second Great Depression has killed you off. You won't be missed.


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Comments
 
I used to love Circuit City, but in the past couple months I've had nothing but trouble from them. So, I say good riddance to them.
I'm just concerned Best Buy won't have enough competition now and will start raising prices just because they can.
And of course this sucks for all the CC employees that are going to have one hell of a hard time finding a new job in this economy.
 
I don't have a CC nearby, so I don't really care that they're gone.
 
And nothing of value was lost.
 
AFAIK there's never been a CC in Alaska, so no one misses them here.
Now with the CompUSA closed, the only computer places left in Anchorage are Best Buy (which doesn't have top-of-the-line stuff), or that one small computer store (which may have good stuff, but terribly overpriced).

We gotta get Fry's up here...
 
At least when BB weekly ad sales were sold out, you could get CC to price match. Cool
 
And all the liquidation sales have started. Up to 30% off. Only 10% on games at this time, though. The mad house will likely hit when 30% off on games comes around when everything is up to 50% off.
 
Yay. I hate CC.
 
I'm split on this one.  Good bye, good riddance, but now there is no competition for Best Buy.  No more deal matches, etc.
 
I live in Europe so this doesn't affect me at all.
 
I can't wait to get the discounted games.  The store by me is at the 10% stage nothing really to buy yet, but in a couple of weeks I will get a lot.
 
I don't have much love for CC, but without their competition Best Buy and other retailers won't have as much incentive to attract customers with the best prices/sales. I've had my share here and there of cheap clearance games from CC, so I'll be kind of sad to see them go.
 
I know this will sadden us all, but Circuit City is not selling the fire extinguishers.
http://www.fukung.net/v/10829/failcity.jpg
 
Nope I don't care. But then I'm in Canada so this doesn't affect me too much.
 
@jcalder8: yeah I'm with you,no CC's anywhere near me. so I dont care
 
you were dead on about the '80s CC never left them.
Its scary to see yet another huge company go belly up. It makes you wonder, whos next?
On the other hand though CC sucked so it was bound to happen.

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