Tag archive for Circuit City

Systemax already owns TigerDirect and recently acquired CompUSA, which the company has plans to revive, but the computer company is looking to expand even further with the acquisition of the Circuit City name.
They will have to put in a bid before May 11th. The estimated cost for this venture would be $6.5 million–this includes the [...]

There’s only so long you can run a dwindling liquidation sale, and in the case of Circuit City time will officially be up come March 8th.  This Sunday the doors of any remaining Circuit City stores will close for the final time – some have already ceased trading due to stock levels being so low [...]

Things are traditionally quiet in the tech world the week following CES, but we’ve seen our fair share of intrigue over the past seven days.  Biggest news, in terms of share impact at least, is Steve Jobs’ surprise leave-of-absence due to “health concerns”, which has managed to overshadow both the teased redsn0w iPod touch 2G [...]

Rejection is a difficult thing, and for Circuit City it means liquidation.  The ailing retailer had until today, January 16th, to find a buyer, but with none forthcoming it’s expected to inform the Richmond, Virginia, Bankruptcy Court that it has no option but to close down.  That means 567 Circuit City stores will be liquidated, [...]

Circuit City has filed for Chapter 11 bankruptcy protection, in a move to reduce pressure from suppliers and in what could be a final, last-ditch attempt to ride out the ongoing credit crisis.  The company, which is the number two electronics retailer in the US, announced last week that it would close 155 stores before [...]

Electronics shoppers in Milwaukee, Antioch and Lenexa (which sounds like a prescription tranquilizer) beware – your Circuit City stores are among the 155 the company has confirmed are closing.  While the company has not announced any specific reasons for the closures – which will also mean Circuit City pulling out of twelve markets – it’s [...]

If you are an all-in-one device fiend, this digital picture frame and DVD player in one should whet your appetite for gadgets. The LG DP889 packs in multiple features making for a well rounded device that can show off your photos and play your favorite movies. 

Not everyone has 15 different flash drives just lying on their desk at any given moment. Just waiting to be swooped up and actually used for something. In some parts of the world, people only have a couple or even less.

The actual price would be somewhere between 1 and 1.3 billion dollars, but that’s still a lot of coin. Both companies are suffering, and both companies could probably use the boost that this would offer to each of them so it’s a wonder why Circuit City has been sitting on its hands with this offer [...]