Gadgets

Circuit City Edges Even Closer to Doom

Posted by Matt Buchanan at 8:00 AM on October 10, 2008

Yes, my friends, it looks like the death spasms are might be kicking in for Circuit City—it's definitely twitching in any case. Fresh off losing $US239 million and watching its stock plunge below 50 cents a share, a firm that advises on manufacturers on whether or not to ship their wares to retailers has just yanked its recommendation for Circuit City. In other words, they don't think Circuit City can pay for the merch. It may very well be seeing CompUSA in retailer heaven soon (before being re-animated like a zombie). [WaPo via Consumerist]

 

Comments (AU Comments · US Comments)

Lonny Paul

Posted October 11, 2008 2:50 AM

CompUSA is alive and well, not residing in heaven. Check out the All-New CompUSA with 17 stores in Florida, Texas and Puerto Rico.

Trey Baker

Posted October 13, 2008 4:38 PM

I've actually been to a few of those All New stores and they suck even worse than Tiger Direct used to all on its own. Zombie doesn't even begin to describe it. Obviously you work for Compusa as your post sounds like a company approved press release. As a never to be fooled again customer, I beg to differ. Maybe the horrid state of the economy will finally put a stake thru the heart of your terrible retail monstrosity and let it rest in peace once and for all.

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