Good Bye Circuit City - Blu-ray Forum

brett_day · 10-20-2008, 04:48 PM

http://www.engadget.com/2008/10/20/c...id-bankruptcy/

looks like the end if nigh for CC! at least 150 stores will be closing down in order to avoid bankruptcy! Shares are worth just .40 cents right now!

Blu-Benny · 10-20-2008, 04:54 PM

oh well!!

QwikSand · 10-20-2008, 04:55 PM

Hopefully big clearance sales will follow

ThePhantomOak · 10-20-2008, 04:55 PM

Wow, that is funny.

How they could just ride on those crappy stores, with crappy service for so long and not have to do this is amazing.

I remember, it cost me $150 to fix a window actuator on my car that their installer broke...TWICE. I called in to complain and they said I was given a $25 gift certificate during the 9 hour install and that they considered it a closed matter.

So, I contacted the BBB and of course they did nothing, and so I called the Attorney General of Nevada and in two weeks I had my $150 and the manager was gone...

I hope the whole chain goes under. they are bad for consumers.

Bigdog · 10-20-2008, 04:55 PM

You can see it in their stores, they are just not clean looking and run down for the most part. I will need to call in and cash in on some reward points from my credit card before they go in the tank.

brett_day · 10-20-2008, 04:59 PM

i have not shopped in a CC in a long long time! As much as i do not like best buy, i hate CC even more after they screwed me over with a car stereo installation! (seems like some of us have had those same experiences)

of course though this is not a good thing. I hate people to lose jobs, that really sucks and i will feel for them, but it will also create more of a monopoly for the likes of best buy!

Dogslyf · 10-20-2008, 05:00 PM

Circuit City is OK but I prefer BB and Amazon.com. "We are all gathered here today to mourn the passing of Circuit City."

Blu-Benny · 10-20-2008, 05:02 PM

i'm curious what the Best Buy execs are saying right now!!

Dogslyf · 10-20-2008, 05:03 PM

Quote:

Originally Posted by brett_day

of course though this is not a good thing. I hate people to lose jobs, that really sucks and i will feel for them, but it will also create more of a monopoly for the likes of best buy!

So true. In an economy like ours (crappy) the last thing we need is more unemployed folks. i just found a job after 5 months of unemployment, and I have a college degree. I am relieved that I am working but I have many friends that are not so fortunate.
As for BB, I doubt this will mean lower prices for anything.

brett_day · 10-20-2008, 05:06 PM

exactly. with less competition BB will not have to lower prices

jw · 10-20-2008, 05:06 PM

big thread on the topic
https://forum.blu-ray.com/showthread.php?t=49395

Wingman1977 · 10-20-2008, 05:09 PM

This was a long time coming. They dodged the bullet a few years ago (they were in the same situation but somehow they got out of it). Guess I'll be canceling my Circuit City rewards card as soon (mine doesn't have a Mastercard nor visa logo on it).

EvolutionCherry · 10-20-2008, 05:11 PM

Quote:

Originally Posted by jwbbud

big thread on the topic
https://forum.blu-ray.com/showthread.php?t=49395

And as I said there, another victim of the Financial Crisis.

PanasonicPlasmaMan · 10-20-2008, 05:14 PM

good news!

aramis109 · 10-20-2008, 05:14 PM

Quote:

Originally Posted by Bigdog

You can see it in their stores, they are just not clean looking and run down for the most part. I will need to call in and cash in on some reward points from my credit card before they go in the tank.

Anecdotal- the one by me is very clean and well-staffed. I like to browse in there but due to their pricing vs. online, I rarely purchase from them.

It's too bad, really. Less competition is a bad thing. Hopefully though I can snag some good deals!

a-mac2848 · 10-20-2008, 05:15 PM

Quote:

Originally Posted by EvolutionCherry

And as I said there, another victim of the Financial Crisis.

circuit city was going bye bye a long, long time ago.

DrinkMore · 10-20-2008, 05:42 PM

Quote:

Originally Posted by a-mac2848

circuit city was going bye bye a long, long time ago.

Yup. They just decided to admit it during a "financial crisis" time. Again, it's all about timing

xtop · 10-20-2008, 05:43 PM

misleading title.

its only 150 stores, hardly the end for them

Wingman1977 · 10-20-2008, 06:06 PM

Quote:

Originally Posted by xtop

misleading title.

its only 150 stores, hardly the end for them

It's a step in that direction. They've brought it on themselves.

Hamburglar · 10-20-2008, 06:22 PM

I'm surprised to see so many haters in here, I guess I never really had much hate for them because I avoided them anyways.

Do they have a longer term plan other than cut stores and lay off employees?

10-20-2008, 04:48 PM	#1
brett_day Blu-ray Guru Member since:Mar 2008 Location:Moore, Oklahoma Home Theater Gallery:18 Blu-ray collection:45 Blu-ray reviews:1 Trading Score:1	Good Bye Circuit City http://www.engadget.com/2008/10/20/c...id-bankruptcy/ looks like the end if nigh for CC! at least 150 stores will be closing down in order to avoid bankruptcy! Shares are worth just .40 cents right now! Last edited by brett_day; 10-20-2008 at 04:57 PM.

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10-20-2008, 04:54 PM	#2
Blu-Benny Michael Bay's #1 Fan Top contributor Member since:Aug 2008 Location:Wisconsin Home Theater Gallery:39 Blu-ray collection:552 DVD collection:108 Trading Score:138	oh well!!

10-20-2008, 04:55 PM	#3
QwikSand Power Member Member since:Dec 2007 Trading Score:25	Hopefully big clearance sales will follow

10-20-2008, 04:55 PM	#4
ThePhantomOak Blu-ray Guru Member since:Nov 2007 Location:Reno, NEVADA. "Battle Born"	Wow, that is funny. How they could just ride on those crappy stores, with crappy service for so long and not have to do this is amazing. I remember, it cost me $150 to fix a window actuator on my car that their installer broke...TWICE. I called in to complain and they said I was given a $25 gift certificate during the 9 hour install and that they considered it a closed matter. So, I contacted the BBB and of course they did nothing, and so I called the Attorney General of Nevada and in two weeks I had my $150 and the manager was gone... I hope the whole chain goes under. they are bad for consumers.

10-20-2008, 04:55 PM	#5
Bigdog Blu-ray Ninja Member since:Aug 2007 Blu-ray collection:14 Blu-ray reviews:1	You can see it in their stores, they are just not clean looking and run down for the most part. I will need to call in and cash in on some reward points from my credit card before they go in the tank.

10-20-2008, 04:59 PM	#6
brett_day Blu-ray Guru Member since:Mar 2008 Location:Moore, Oklahoma Home Theater Gallery:18 Blu-ray collection:45 Blu-ray reviews:1 Trading Score:1	i have not shopped in a CC in a long long time! As much as i do not like best buy, i hate CC even more after they screwed me over with a car stereo installation! (seems like some of us have had those same experiences) of course though this is not a good thing. I hate people to lose jobs, that really sucks and i will feel for them, but it will also create more of a monopoly for the likes of best buy!

10-20-2008, 05:00 PM	#7
Dogslyf Active Member Member since:May 2008	Circuit City is OK but I prefer BB and Amazon.com. "We are all gathered here today to mourn the passing of Circuit City."

10-20-2008, 05:02 PM	#8
Blu-Benny Michael Bay's #1 Fan Top contributor Member since:Aug 2008 Location:Wisconsin Home Theater Gallery:39 Blu-ray collection:552 DVD collection:108 Trading Score:138	i'm curious what the Best Buy execs are saying right now!!

10-20-2008, 05:06 PM	#10
brett_day Blu-ray Guru Member since:Mar 2008 Location:Moore, Oklahoma Home Theater Gallery:18 Blu-ray collection:45 Blu-ray reviews:1 Trading Score:1	exactly. with less competition BB will not have to lower prices

10-20-2008, 05:06 PM	#11
jw Blu-ray Archduke Top contributor Member since:Apr 2007 Location:USA Trading Score:519	big thread on the topic https://forum.blu-ray.com/showthread.php?t=49395

10-20-2008, 05:09 PM	#12
Wingman1977 Blu-ray Champion Top contributor Member since:Mar 2008 Location:The empire state Trading Score:23	This was a long time coming. They dodged the bullet a few years ago (they were in the same situation but somehow they got out of it). Guess I'll be canceling my Circuit City rewards card as soon (mine doesn't have a Mastercard nor visa logo on it).

10-20-2008, 05:14 PM	#14
PanasonicPlasmaMan Special Member Member since:Jul 2008 Location:California Home Theater Gallery:14 Blu-ray collection:25 Blu-ray reviews:1 Trading Score:18	good news!

10-20-2008, 05:43 PM	#18
xtop Blu-ray Count Member since:Oct 2007 Blu-ray collection:- DVD collection:- Digital collection:- Trading Score:3	misleading title. its only 150 stores, hardly the end for them

10-20-2008, 06:22 PM	#20
Hamburglar Active Member Member since:Apr 2008 Location:Maryland	I'm surprised to see so many haters in here, I guess I never really had much hate for them because I avoided them anyways. Do they have a longer term plan other than cut stores and lay off employees?

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