Circuit City: Closed

Post by **GlassWolf** » Sat Jan 24, 2009 11:06 pm

ummm, Circuit City had been in business for decades. Long before the credit bubble was even a wet dream. Stilla bit sad to see them go, and sadder yet to see it handled by a really sh*tty liquidator.

MobileAudio219 · Post by **MobileAudio219** » Sun Jan 25, 2009 9:11 pm

GlassWolf wrote:ummm, Circuit City had been in business for decades. Long before the credit bubble was even a wet dream. Stilla bit sad to see them go, and sadder yet to see it handled by a really sh*tty liquidator.

It seems like everyday some other big coperation goes out of business...

I really hope we dont go into some crazy depression... that we be really depressing!!!

smoker · Post by **smoker** » Mon Jan 26, 2009 6:59 am

GlassWolf wrote:ummm, Circuit City had been in business for decades. Long before the credit bubble was even a wet dream. Stilla bit sad to see them go, and sadder yet to see it handled by a really sh*tty liquidator.

im aware.ours had been here in town for 20 years...thats like, 2 decades. but apparantely along the way something happened didnt it?

Jon · Post by **Jon** » Mon Jan 26, 2009 7:08 am

Smoker, I agree with part of your theory, but would add that the Internet has undoubtedly affected the retail market just as much as the credit crunch has. The race to the bottom that is fueled by the Internet has been slowly killing all retail shops for years now. The first victims were small computer shops. Now you are seeing more people buying their TVs online. Same goes with just about anything that CC sold. BB will be the next to fall unless they sell a sh!tload of extended warranties and accessories.

smoker · Post by **smoker** » Mon Jan 26, 2009 7:36 am

im sure there were a miltitude of problems. i heard a cc spokesperson specifically say that the stores found themselves overstocked and unable to move product due in large part to more stringent standards on credit.

i think were all missing the big picture here though.,,apparantely glasswolf is having wet dreams.!!! welcome to puberty little buddy!

Tim · Post by **Tim** » Mon Jan 26, 2009 3:04 pm

MobileAudio219 wrote:It seems like everyday some other big coperation goes out of business...
I really hope we dont go into some crazy depression... that we be really depressing!!!

you are right justin, some other corp is going down the drain all the time. I am afraid it's like the 20's and 30's all over again. In the 1920's everybody was livin it up, having a big ol time, called it the Roarin 20's. Then a few years later and the 30's come along and WHAM people was bahroke, called it the depression. I think the economy will rebound it will just take time. What worries me is what is gonna happen till it does.

Tim

Ryan from Ohio · Post by **Ryan from Ohio** » Mon Jan 26, 2009 3:31 pm

Well given all the layoff notices today I think things are going to get much worse before better...

OnYrMrk · Post by **OnYrMrk** » Mon Jan 26, 2009 4:55 pm

Circuit City started life as Montgomery Wards, in the Electronics section. Montgomery wards had been around for many decades. They went out of business something like 5 years ago, so it is only fitting that their baby die as well. Shame, but fitting

cargodz · Post by **cargodz** » Mon Jan 26, 2009 5:57 pm

OnYrMrk wrote:Circuit City started life as Montgomery Wards, in the Electronics section. Montgomery wards had been around for many decades. They went out of business something like 5 years ago, so it is only fitting that their baby die as well. Shame, but fitting

Truly sad thing is that I still miss Monkey Wards, but I won't miss Circuit City in the same way.

MobileAudio219 · Post by **MobileAudio219** » Mon Jan 26, 2009 10:47 pm

OnYrMrk wrote:Circuit City started life as Montgomery Wards, in the Electronics section. Montgomery wards had been around for many decades. They went out of business something like 5 years ago, so it is only fitting that their baby die as well. Shame, but fitting

Didnt they make lawn mowers?