It's official. Circuit City is closing 155 stores, as the Consumerist broke yesterday. They're also "reducing future store openings," but whatever, you wanna know if your local Circuit City is gone. Here's the complete list of stores slotted for obliteration.

Read More »

Best Buy's new test logo is more subdued—classier even—than the old honkin' yellow tag, which I appreciate, but I think the new font looks weird and uncertain, like it can't quite decide what it wants to be when it grows up. I wonder if it will psychologically condition people to spend more since it's so much less tacky than the old logo. [Under Consideration via Consumerist]

Good news for BlackBerry users and developers! Research In Motion has just announced an applications store! Bad news for BlackBerry users and developers! It's not going to be available until March 2009. This sure won't help the fact that the iPhone is outselling the Blackberry and Android is quickly becoming Apple's major rival in the public's eye instead of the new #2 seller. No matter how nice the BlackBerry Storm is, the delay is not good.

Read More »

Our grim predictions of the imminent epic fail of perpetual consumer electronics big box second-run Circuit City are unfortunately panning out. The WSJ and AP report that their plan to avoid bankruptcy and death is amputation: Shuttering at least 150 stores (one-fifth of their 712 US locations) and cutting "thousands" of employees, which would let them liquidate $US350 million in inventory. Like buzzards circling overhead, we just hope they make it fully intact to deliver those crazy "the economy is shit" Black Friday deals. [Dallas News]

Read More »

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]

Banks aren't the only thing failing right now. Beleaguered big box Circuit City's stock has dropped below 50 cents a share, meaning it's on the brink of going under. Since Blockbuster pulled out of a deal to buy them earlier this year, it's looking like no one will step in to save them. I'm no big fan of Circuit City, but I don't want to see them fold, either, since less competition is rarely a good thing. [CE Pro, Image via qnr]

Read More »

Spurred by its latest quarter of dismal failure—a net loss of $US239.2 million—Circuit City has instigated a "comprehensive analysis of its business," which will "start with improving the customer experience in our stores," says new mayor James Marcum. (For... Read More »