The AbyssThe Abyss
Circuit City is Dead, do you Care?
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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