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Old January 16, 2009, 12:00 PM
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Default Circuit City Flushed Down the Drain

I will be honest, I never thought it would actually happen. Circuit City was one of the top electronics retailers for years and was often heralded for its revolutionary management and CEO's (until recently obviously)

I wasn't surprised when they were forced to file for bankrupty, they had been hurting for a while, but it looks like this really is the end of the line for them. While up here in Canada, the effect isn't as big, down in the U.S.A, CC is in direct competition with BestBuy (or Breastbuy as in the following article)
Sort of like if Futureshop took a plunge.

Quote:
Best Buy shall rule the land when it comes to retail electronics in the U.S.

Itís been a tough road for Circuit City. The retail electronics giant has been pummeled over the years by the likes of Best Buy and Walmart, and has been unable to turn its operations around due to the current state of the economy.
DailyTech - Circuit City Forced to Liquidate All Stores, 30,000 Employees to be Jobless
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Old January 16, 2009, 12:15 PM
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I wonder how this will affect The Source here in Canada.
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Old January 16, 2009, 12:29 PM
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Didn't 'The source' buy radio shack?
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Old January 16, 2009, 12:32 PM
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Quote:
Originally Posted by Squeetard View Post
Didn't 'The source' buy radio shack?
Radio Shack = The Source = Circuit City

And there are STILL some Radio Shacks around tho they are few and far.

(but you have me on ignore and won't see this)
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Old January 16, 2009, 12:40 PM
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Despite the the jobloss I wouldn't shed a tear if the Source went belly up.

I am inclined to assume that little will change here, corporate locations could be affected however a number of The Source stores are franchises at worst I could see them loosing the rights to the name. I think it really depends how nasty CC creditors get and if The Source is considered an asset to Circuit City and should be used to pay back its creditors. InterTAN Canada still operates and manages most of the sources up here in Canada, I'll see if I can get a word out them.

In a weird twist of fate we could see the name RadioShack once again.

EE

EDIT: LMAO @ Enaberif

Last edited by Eagle Eye; January 16, 2009 at 12:53 PM.
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Old January 16, 2009, 01:01 PM
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I would HATE to see The Source go belly up. They sell alot of AV and electronics stuff you can't get in the Best Buys and Future Shops of this world
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Old January 16, 2009, 01:08 PM
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I agree with that Sky, I just hate what Circuit City turned our beloved Radio Shack into. That part of the store has become a very small corner to make room for a lot junk in my opinion.
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Old January 16, 2009, 01:10 PM
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Radioshack Battery Club

Oh those were the days.

(I just dated myself)

urgh.
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Old January 16, 2009, 01:40 PM
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What are we going to do for this crazy tiny stupid, but awesome remote cars!

And weird and wacky electronic bits that Sky mentioned.
TSCC is the only place I know with those random things with packaging is in english so I can know WTH it is :P

Last edited by FiXT; January 16, 2009 at 02:53 PM.
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Old January 16, 2009, 01:46 PM
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Quote:
Originally Posted by enaberif View Post
Radio Shack = The Source = Circuit City

And there are STILL some Radio Shacks around tho they are few and far.

(but you have me on ignore and won't see this)
Best Buy competes with them for some items, however, I always liked Radio Shack / The Source, for buying some connectors, plugs and other gadgets that are hard to find and not sold in any other stores other than online......Now people will be stuck buying these things at crappy Addyison or Abbys, CRAP cheap sh**.....
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