View Full Version : Circuit City official bankruptcy watch: final days, 90% off games, ends 03/08/09
MSUHitman
10-09-2008, 06:50 PM
Consumerist.com has a post today wondering if Circuit City will be going under before the holiday season is over as the Washington Post has a story today that a firm that advises companies whether to ship product to retailers/distributors has given a vote of no confidence essentially against Circuit City.
http://consumerist.com/5061294/is-circuit-city-going-bankrupt
Some of the commenters are saying Circuit City may have to declare bankruptcy by next week!? I would be sort of sad to see CC go as they usually have great deals/clearance, just sometimes you have to go through a little trouble to get them.
What does the CAG community think?
Edit Nov. 2:
CC will announce on Nov. 3 the closure of 155 stores throughout the US.
Edit Jan. 9:
CC is in talks with two "interested parties" in selling their operations to stay open. If a deal is not reached by next Friday the 16th, CC across the nation could be forced to fully liquidate.
http://www.engadget.com/2009/01/09/circuit-city-ceo-details-bankruptcy-proceedings-admits-possibil/
Edit Jan 16th:
It's all over, expect immediate liquidation:
http://finance.yahoo.com/news/Circuit-City-to-liquidate-apf-14083094.html
http://www.engadget.com/2009/01/16/circuit-city-fails-to-be-wanted-will-now-be-liquidated/
http://www.iht.com/articles/ap/2009/01/16/america/Circuit-City-Bankruptcy.php
Useful info:
Since I've already been through this I'll do my best to answer questions. Ignore much of the so-called information that some people are posting, a lot of it is dead wrong. Shrike's posts have all been on point, though.
http://money.cnn.com/2009/01/16/news/companies/circuit_city/index.htm?postversion=2009011611&eref=rss_topstories
CC's website's last day of operations will be Sunday.
Checks and CC credit cards will no longer be accepted once the liquidation starts.
Allegedly, liquidation starts Saturday (tomorrow). I called a store and they have not been told when the liquidation will start. When my store received notice (on a Sunday) we had standard operations that day and Monday, closed on Tuesday for retagging/repricing, and reopened on Wednesday under liquidator terms.
Darn it!!! I missed the cut off. My Chase Circuit City Rewards points are still in the mail. Plus I never got my credit back for my one gift card when I returned an item. Its only $25, but still.... Its $25 ;)
I wonder if you can negotiate on HDTV's with a manager??? I know some people have had luck in the past.
The CC Rewards work like gift cards so it should still be valid during liquidation. All prices will be set by the liquidators so haggling is very unlikely. Towards the end that might become a possibility but no guarantee.
This means that the stores and all their assets are now property of the liquidators. That also means that as of Monday, your gift cards and extended warranties are null. Better jump on that today, kids!
Wrong. Wrong. Wrong.
According to both the link at the top of my post and my own personal experience with my store closing, gift cards are fully valid during liquidation.
More useful info:
Hey Shrike, there were some very key points to this in the CNN Money report that neocisco linked to that may be good to add to the OP as well:
1. For our Canuck members, the Canadian stores will continue to operate as normal:
Circuit City also operates about 765 retail stores and dealer outlets in Canada. The company said its Canadian operations, which employ 3,000 workers, will continue to operate.
2. Gift Cards WILL be honored throughout the liquidation:
The company said it will redeem its gift cards through the liquidation sale, but the cards will have no value once the stores are closed.
3. There is still an extremely slim chance that someone will buy the remnants of Circuit City during the liquidation, thereby possibly allowing it to exist in some form:
At the same time, Whalin said there's still a very slim chance that one or more firms that have expressed an interest in buying Circuit City could still buy it out of bankruptcy over the next few days.
"I wouldn't say it's completely over yet for Circuit City, but it's almost over," Whalin said.
4. If someone buys what's left, they may get value out of the Circuit City name and more importantly, the website...so while the website will shut down on the 18th it may be back eventually:
"Circuit City isn't a viable business in its old incarnation when half of electronics sales have moved online," Goel said. "CompUSA and Tweeter also didn't make it for the same reason."
However, Goel speculated that Circuit City could still find a lifeline if Golden Gate Capital, one of the reported lead bidders for the merchant, bought the company and restructured it primarily as an online business with very few physical stores.
"This would eliminate overhead costs, vendor conflicts and other issues," he said. "Circuit City has an almost $1 billion online business. So there is a future for it in that regard."
Scorch
10-09-2008, 06:52 PM
This is like the third time this has happened. There was a bankruptcy scare like a year ago, too.
chakan
10-09-2008, 07:03 PM
Fuck with Speedy1961, see what happens.
They'll do everything they can to stay open through the Christmas season. Then again, if credit is tight, and suppliers stop sending them product, maybe they'll have no choice.
Friend of Sonic
10-09-2008, 07:05 PM
I think they will be relying on the holiday sales. And the economy isn't exactly accomdating to struggling corporations-- unless you're an automaker, or a major bank with billions in bad loans.
IAmTheCheapestGamer
10-09-2008, 08:14 PM
If CNBC or another financial network reported on this, I might believe it. Since it's coming from the Consumerist, which I equate with soccer moms going on there to bitch about how they had to wait longer than 5 minutes to be waited on at Best Buy and how they should get a gift card for terrible service, I'm more inclined to just ignore the story.
Either way, if they DO go outta biz then maybe I can finally snag an HDtv for cheap.
Oh and this'll teach 'em for going after Speedy AND firing all of their seasoned employees.
Antic
10-09-2008, 08:22 PM
Just curious, I bought a hdtv at CC last Black Friday and bought a 5 year warranty. If they go under, am I SOL on my warranty? Would they partially refund what I paid for a warranty too?
nonggame
10-09-2008, 08:27 PM
CC stock is only 50 cents so time to buy!!! buy!! bye !!!! ^___^
IAmTheCheapestGamer
10-09-2008, 08:44 PM
$0.42 actually according to the Consumerist piece. LOL Honestly though, even if Blockbuster's takeover bid were accepted,that would only abate the inevitable for so long, since I think Blockbuster isn't on that firm of a footing either.
HotShotX
10-09-2008, 08:46 PM
The day CC goes under, Speedy should show up at their corporate HQ and say "Owned, Bitches."
~HotShotX
Mr Unoriginal
10-09-2008, 08:47 PM
I thought CC was doing badly, but they are opening up a new store near me.
Vinny
10-09-2008, 08:53 PM
If CNBC or another financial network reported on this, I might believe it. Since it's coming from the Consumerist, which I equate with soccer moms going on there to bitch about how they had to wait longer than 5 minutes to be waited on at Best Buy and how they should get a gift card for terrible service, I'm more inclined to just ignore the story.
Either way, if they DO go outta biz then maybe I can finally snag an HDtv for cheap.
Oh and this'll teach 'em for going after Speedy AND firing all of their seasoned employees.
Couldn't have said it any better.
I'll miss CC if they go under because I love their clearances and their recent giftcards with new releases has been pretty awesome.
Pookymeister
10-09-2008, 08:53 PM
Just curious, I bought a hdtv at CC last Black Friday and bought a 5 year warranty. If they go under, am I SOL on my warranty? Would they partially refund what I paid for a warranty too?
I am curious about this too.
InvaderZim
10-09-2008, 08:58 PM
Consumerist just 'blogged' the article from another site.
They are thinking CCity, Boarders, and Talbots will be the next 3 to go under. I read somewhere else (don't remember) that the people that work at CCity already know something is happening soon and that they would not start closing stores until Q1 09.
IAmTheCheapestGamer
10-09-2008, 09:08 PM
Of course, even if they DO go under, you know their current CEO will get a nice severance package, while the hourly workers get the shaft, as always.
InvaderZim
10-09-2008, 09:14 PM
Of course, even if they DO go under, you know their current CEO will get a nice severance package, while the hourly workers get the shaft, as always.
Ha ha... you know it. They can use that sweet sweet extended warranty money on hookers and blow! :)
rodeojones903
10-09-2008, 09:17 PM
The day after Thanksgiving is a hard day for retailers, and that could really hurt CC. Having to compete against other places and sell items under cost will really hurt them.
YoshiFan1
10-09-2008, 10:05 PM
I posted this in the CC clearance thread but my local CC has about 6 different PS3 games, they haven't appeared to get any games in a while and I am guessing they shipped off stuff to other stores. Not good. I hope they can make it as they have great clearance deals and I hate Best Buy
addicted2games
10-09-2008, 10:12 PM
I'm not saying I want CC to go under, but if they do, maybe Best Buy will take over the building in my city. I dont like driving 20 miles to go to the nearest BB.
DarkRider23
10-10-2008, 12:29 AM
CC>BB
I would hate for CC to go. If CC does go, you can get on BB's price going up by quite a lot.
thelonepig
10-10-2008, 12:38 AM
There was a discussion on talk radio a few weeks ago regarding Blockbuster trying to buy out Circuit City. The piece was actually about Blockbuster's new CEO and the direction he wanted to take with the company, but they threw that in there.
Could be interesting.
My biggest complaint about Circuit City is that their corporate has no power over the stores, thus giving no real recourse for consumers or accountability for employees.
Vinny
10-10-2008, 12:49 AM
Just curious, I bought a hdtv at CC last Black Friday and bought a 5 year warranty. If they go under, am I SOL on my warranty? Would they partially refund what I paid for a warranty too?
You're out of luck. Without CC, your extended warranty is basically non-existent as they contract third parties to do the work when and if it's needed.
CC>BB
I would hate for CC to go. If CC does go, you can get on BB's price going up by quite a lot.
I agree. I'm not talking about customer service or anything, that's too YMMV. But CC actually has sales/clearances I can take advantage off. BB rarely, if ever, has any good sales.
halofreak64
10-10-2008, 01:22 AM
I thought CC was doing badly, but they are opening up a new store near me.
same here actually next to the best buy I work at, some of my fellow employees applied there and were offered jobs making like 13 a hour.
IM going to miss circuit citys sales thought.
MrDubbs
10-10-2008, 01:31 AM
I thought CC was doing badly, but they are opening up a new store near me.
That means nothing, look at Krispy Kreme
neocisco
10-10-2008, 02:17 AM
Regardless of how anyone feels about CC, no one should want to see them go. Only one nationl electronics retailer is bad for everyone.
$0.42 actually according to the Consumerist piece. LOL Honestly though, even if Blockbuster's takeover bid were accepted,that would only abate the inevitable for so long, since I think Blockbuster isn't on that firm of a footing either.
Blockbuster actually declined to pursue further interest in CC. They did their due diligence, essentially saw the assets and debts and realized that this is a mess they don't want any part of. For BB to say a company is a mess is really saying something.
Of course, even if they DO go under, you know their current CEO will get a nice severance package, while the hourly workers get the shaft, as always.
The CEO, Phil Schoonover, actually resigned a couple of weeks ago. I don't know what his severance was but anything more than a good kick in the ass was too much. The current (interim?) CEO, if I was told correctly, has a history of overseeing a good turnaround at Best Buy. At this point, though, it could very well be too late. It's hard to save a ship when the bow is already under water.
Kerig
10-10-2008, 07:33 AM
Circuit City Historical Stock Chart:
http://chart.finance.yahoo.com/c/1y/c/cc
http://www.advfn.com/p.php?pid=staticchart&s=NY%5ECC&p=5&t=15
Amazing how their stock is now cheaper than anything else sold in their store.
4 CC Stock Certificates = 1 package of Mad Croc gum.
Bstiff
10-10-2008, 01:02 PM
Consumerist just 'blogged' the article from another site.
They are thinking CCity, Boarders, and Talbots will be the next 3 to go under. I read somewhere else (don't remember) that the people that work at CCity already know something is happening soon and that they would not start closing stores until Q1 09.
This would explain my LAST experience at CC. I went in to buy a cordless phone for my folks. After picking it up, I wandered around aimlessly near the registers as none of them seemed to be open. I finally saw a guy walking near the registers and he pointed me to the customer service desk. The were two girls working the counter. I asked one of the girls is that was where I checked out. She said " Oh just get one of the guys off the floor." This from someone standing directly behind a register. I said fuck it and left it laying on the counter. I heard a while ago a bunch of the cc stores were going to be closing. I wonder if the clearwater store is one. The place has looked like shit for months and everything is just thrown on the shelves in no particular order. It's like the K mart of electronics stores. The only good thing was I bought a samsung 46a630 for like $300 less than BB including tax. I did the instore pickup thing though so I wasn't such a pain in the ass.
Don't fret I'm sure a 50 billion dollar Circuit City bailout is on the way!
nasum
10-10-2008, 01:33 PM
A big box store like that can continue to operate even while bankrupt, though that doesn't mean that some locations won't close and you'll get a glut of newbie employees every 3 months to cut down on paying benefits and raises.
pazuzuindc
10-10-2008, 01:44 PM
Just curious, I bought a hdtv at CC last Black Friday and bought a 5 year warranty. If they go under, am I SOL on my warranty? Would they partially refund what I paid for a warranty too?
if the warranty is underwritten by circuit city (they pay for repairs) then you are sol but if another company does then you are ok. When montgomery ward closed down years back all their customers were sol because they backed the warranties.
I know best buy uses another company for their service plans.
btw why did you buy it. c. city is crazy expensive for the extended warranty?
pazuzuindc
10-10-2008, 01:48 PM
A big box store like that can continue to operate even while bankrupt, though that doesn't mean that some locations won't close and you'll get a glut of newbie employees every 3 months to cut down on paying benefits and raises.
it depends on the type of bankruptcy and if creditors are willing to financially back them while they reorganize (chapter 11). In circuit city's case they will have a hard time finding credit.
If they file it will probably be chapter 7 which is licquidation time.
Wlogan31
10-10-2008, 01:58 PM
You're out of luck. Without CC, your extended warranty is basically non-existent as they contract third parties to do the work when and if it's needed.
I agree. I'm not talking about customer service or anything, that's too YMMV. But CC actually has sales/clearances I can take advantage off. BB rarely, if ever, has any good sales.
I have a Circuit City credit card and have accumulated ~$400 in gift cards to date. If they file bankruptcy before I use these do I lose them?
Guess I should run out and buy a TV...
Pookymeister
10-10-2008, 03:00 PM
btw why did you buy it. c. city is crazy expensive for the extended warranty?
I had a 4 yr warranty on my last tv from CC.
First experience was with black shadows on corners of TV - pretty much right after delivery. Repairman was 3rd party and was a retard. He wanted to take TV back to shop. I told him no way, and looked inside the tv myself while he was there. I saw the problem right away...the foam covering for the light inside was blocking partially the bulb. Duh. Pushed it back in and tv was fine.
2nd was about 2 years later. There were spots and clouds on tv. Turns out light engine was bad. Guy that came was CC branded with shirt, etc. He replaced the engine no problem and said it was a $1000+ part.
3rd was when warranty was almost up and I called about getting a replacement bulb. They just asked me if i knew how to replace it, and then shipped it right to me. Pretty sure they are a couple hundred bucks too.
My current tv has another warranty on it, and i think its worth it(assuming it lasts). At the very least, you can get a bulb(rear projection tv) out of it and that almost covers the price.
tangytangerine
10-10-2008, 03:11 PM
I have a Circuit City credit card and have accumulated ~$400 in gift cards to date. If they file bankruptcy before I use these do I lose them?
Usually when a company files for bankruptcy, the gift cards become useless since the store doesn't have to honor them. It happened to one store right after christmas last year(Sharper Image?), where anyone that didn't use the gift cards right after christmas were left with a worthless piece of plastic.
So if there's something you could use, it might be a good time to use those gift cards now. Especially considering how much their stock is worth right now.
SaraAB
10-10-2008, 03:21 PM
I think some states have a law now stating that a company has to honor their gift cards no matter what even if they are closing..
Bankruptcy doesn't necessarily mean closure though, look at Kmart, they declared bankruptcy and they are still open, so this could just mean a restructuring or a closing of some stores.
Any clearance sales will probably be run by scammy liquidators which means the prices would be jacked up from the current instore prices and worse than online prices so I am not betting on any sales here.
BillyBob29
10-10-2008, 03:38 PM
The problem with CC, and many retailers, is that they rely heavily on credit to keep fresh inventory coming. Well that credit just isn't there right now for most companies and CC's balance sheet is just in horrible shape so any credit they are getting is likely at horrible terms.
This is going to put a great deal of pressure on their day to day financials.
I wouldn't be surprised to see CC or another major retailer just close up for the night on some random Monday and not reopen again on Tues. This has already happened to many large chain restuarants and unless the credit market improve soon it is a matter of when, not if, this same thing happens to a major retailer.
Guerrilla
10-10-2008, 03:47 PM
Not a surprise after they fired all their competent employees last year and replaced them with drones. Since then, I've been to 7 or so Circuit Cities in the area: only one has had knowledgeable and helpful employees.
Snake2715
10-10-2008, 03:49 PM
return that TV warranty... I believe you have what 30 or 60 days to come in and buy it so wait it out and then buy it if you feel safe.
use the gift cards as well asap.
Antic
10-10-2008, 03:49 PM
btw why did you buy it. c. city is crazy expensive for the extended warranty?
If I pay more than $300, I get the extended warranty. It's pretty much payed off every time as well. The biggest example is with my iPod. I would have been SOL 5 different times if I didn't have it. Each time I kept getting a brand new one, and after about a year they'd fail again. I could have never afford to buy a new one each time, so the 30 or 40 dollars I spent for a warranty paid off
With the tv, I can't gamble on not having any sort of warranty. I'm a student, unemployed, and if it ever messed up I don't have that much money to buy another or the parts. I'd rather shell out the money for a warranty while I have it, and then hopefully be covered for those 5 years. The warranty for me has always paid off though with each product.
The tv I bought last year was the 52" Sharp Aquos LCD they had on Black Friday.
daminion
10-10-2008, 03:50 PM
Bankruptcy doesn't necessarily mean closure though, look at Kmart, they declared bankruptcy and they are still open, so this could just mean a restructuring or a closing of some stores.
They merged with Sears.
However the CC issue might be real. The fact is, with this economy no one is really willing to lend money. And with no money coming in to pay the bills, buy new merchandise, or pay employees they could be in trouble.
Remember CompUSA of just a year ago...
KaneRobot
10-10-2008, 03:57 PM
Hope my $70 certificate in rewards points arrives before they go tits-up. I would have redeemed online but I'm going to use it on an Elite and I want to be able to inspect the box to try to grab a Jasper when these new bundles show up in stores.
Wlogan31, redeem that shit ASAP if you're doing it by mail. If you redeem by mail it says it takes several weeks to arrive - my redemption was 2 weeks ago and still nothing.
pazuzuindc
10-10-2008, 04:28 PM
I had a 4 yr warranty on my last tv from CC.
First experience was with black shadows on corners of TV - pretty much right after delivery. Repairman was 3rd party and was a retard. He wanted to take TV back to shop. I told him no way, and looked inside the tv myself while he was there. I saw the problem right away...the foam covering for the light inside was blocking partially the bulb. Duh. Pushed it back in and tv was fine.
2nd was about 2 years later. There were spots and clouds on tv. Turns out light engine was bad. Guy that came was CC branded with shirt, etc. He replaced the engine no problem and said it was a $1000+ part.
3rd was when warranty was almost up and I called about getting a replacement bulb. They just asked me if i knew how to replace it, and then shipped it right to me. Pretty sure they are a couple hundred bucks too.
My current tv has another warranty on it, and i think its worth it(assuming it lasts). At the very least, you can get a bulb(rear projection tv) out of it and that almost covers the price.
I agree with you on the rear projection thing when bought elsewhere.... i got my rptv from crutchfield and the 5 year service plan was $199 and it coveres one bulb. the bulb for my tv is $250 and it gets a lot of use so i see it as valuable. but when my in laws were looking at a lcd tv for $1200 and the warranty was $400 i was like hell no.
elmyra
10-10-2008, 04:29 PM
I heard a while ago a bunch of the cc stores were going to be closing. I wonder if the clearwater store is one. The place has looked like shit for months and everything is just thrown on the shelves in no particular order. It's like the K mart of electronics stores.
Is that Clearwater, Florida you're talking about?
Chacrana
10-10-2008, 04:30 PM
CC>BB
I would hate for CC to go. If CC does go, you can get on BB's price going up by quite a lot.
Doubt it - it's not like CC is the only store peddling electronics.
SaraAB
10-10-2008, 06:06 PM
I doubt BB even sees CC as a threat anymore, they probably see Walmart and Target as more of a threat since they sell the basics and the lower-end stuff that people tend to buy when it comes to hard times. CC is small and has a lot of expensive products, The person who would have bought item x at BB might just be buying a lower model available at Walmart this time around. You can't buy groceries and other items either at BB and since people are driving less due to high gas prices instead of going to BB to buy a video game they might just buy it in walmart since they will already be there for the groceries instead of making that extra stop to BB for example.
IAmTheCheapestGamer
10-10-2008, 08:39 PM
When montgomery ward closed down years back all their customers were sol because they backed the warranties.
Actually, Montgomery Ward and Service Merchandise were both online only web retailers the last time I checked, but they were BOTH still in business.
Any clearance sales will probably be run by scammy liquidators which means the prices would be jacked up from the current instore prices and worse than online prices so I am not betting on any sales here.
Thus far, I've been to store closings for Kmart, Sam Goody, Toys R Us and even a couple of CompUSA stores and while I agree, the prices usually are jacked back up to MSRP for each item.
Of course, most NORMAL consumers think that 20-30% off of MSRP is a phenomenal deal and they'll rush in at those percentages and clean the place out of anything GOOD.
Mind you, about 3 or so years ago when Transworld bought Sam Goody, it took forever for their store in Paramus, NJ to empty out and on one of the final days of business they still had some old PS1 games that were worth a good buck.
But unfortunately I was just as broke then as I am now sometimes. :-#
CompUSA isn't completely out of business though, since I believe they were bought out by Systemax or one of those online only PC sites.
Bstiff
10-10-2008, 09:05 PM
Is that Clearwater, Florida you're talking about?
yep
MSUHitman
10-10-2008, 09:57 PM
If CNBC or another financial network reported on this, I might believe it. Since it's coming from the Consumerist, which I equate with soccer moms going on there to bitch about how they had to wait longer than 5 minutes to be waited on at Best Buy and how they should get a gift card for terrible service, I'm more inclined to just ignore the story.
Either way, if they DO go outta biz then maybe I can finally snag an HDtv for cheap.
Oh and this'll teach 'em for going after Speedy AND firing all of their seasoned employees.
The story about the bad recommendation to suppliers about CC is from a story in the Washington Post. As another poster said, there was another article that showed CC, Borders, and Talbots were looking to be the next 3 national retailers to go under soon. Consumerist took those stories (which are linked in their piece) then did a post about it yesterday.
IAmTheCheapestGamer
10-10-2008, 10:16 PM
The story about the bad recommendation to suppliers about CC is from a story in the Washington Post. As another poster said, there was another article that showed CC, Borders, and Talbots were looking to be the next 3 national retailers to go under soon. Consumerist took those stories (which are linked in their piece) then did a post about it yesterday.
So, in other words, The Consumerist couldn't come up with their OWN story on the subject and instead added a tiny bit of their own shpeel to it? Classic internet publishing at it's finest.
Mind you, I can't say that I didn't see CC's failure coming, since they've been floundering for a while now. I just hope the regular shmucks don't grab up all of the decent HDtv's at 20-30% like most regular consumers(morons really) do during store closing sales.
jaysapathy
10-10-2008, 10:29 PM
Speaking as someone who lost his job when CC laid off their top 30% ("You can go on vacation for 6 weeks and then come back making $7/hr instead of $12, or just go away") I hope they get buttfucked. Won't miss them at all -- horrible business practices. The CEO took the money and ran. Holiday season or not, CC is fucked.
Trish005
10-11-2008, 05:45 AM
I worked for ccity too and remember when they let go all the seniors that knew a lot..and then they let go the roadshop s&i manager and basically made the sup. of install do all the work he did..i could careless if they go under.They were stupid to let all their good employees go and hire high school kids that didnt know anything. I had to work that morning and it was me and a cashier that wasnt a manager because all the seniors were scheduled to open...I feel sorry for all the people that will lose their jobs but ccity wont be missed when they close
srad1968
10-12-2008, 12:21 PM
Circuit City is on it's death bed. Their stock has dropped below .40 per share. If you pre-order a game there they may not be there when you go back to pick up their game. They reported losses of $239 million in the second quarter this year.
They might bounce back, but I would just be very careful letting them hold on to your money.
LINK (http://finance.yahoo.com/q?s=cc)
YoshiFan1
10-12-2008, 06:16 PM
I might get rid of my GC's soon. I'd hate to lose the value of them if they go bankrupt
DOMINATOR912
10-13-2008, 12:30 AM
I feel bad for them, I worked there for almost 5 years and never had any problems. I left last March but still have a lot of friends working there.
SaraAB
10-13-2008, 12:25 PM
Consumerist isn't as bad as it used to be, if you just read the articles and ignore the comments and of course take everything with a grain of salt. They have also cleaned up the comments considerably.
Some Compusa stores were bought out by Tiger Direct, and some others closed. Some stores turned into Tiger Direct retail outlets. I wouldn't buy anything from Tiger knowing that they are just selling mostly overstock from closing stores. Its very possible that Tiger Direct could buy out CC too if they go under.
The stores here will empty out fast because people over here totally buy into the liquidation and thrift store hype of "ITS ALWAYS A GOOD DEAL cause its 20% off". I have learned to ignore it and just get my stuff online where its cheaper and I might even be able to get a better, newer product for less money. Yeah a 64mb SD card for 50$ is a good deal according to the Kmart liquidation shoppers...
The worst was the TRU closing sale where they kept randomly marking the percent off up and down, one day it would be 70% off and then the next it would be 50% off.
neocisco
10-13-2008, 01:52 PM
I used most of my gift cards these weekend. I have no faith in my employer at this point.
pazuzuindc
10-13-2008, 01:55 PM
Actually, Montgomery Ward and Service Merchandise were both online only web retailers the last time I checked, but they were BOTH still in business.
wards closed down in 2001 and was re-opened in 2004 as a new company.
man it just blows for these companies to be in business for so long. wards was open in 1872
It is ironic that circut city opend nearly 20 years before best buy.
Its like hechingers vs home depot. hechingers opend in 1912 and home depot i think came around in the 70's i think and caused hechingers to go under. and yes i know it is still around but only as a web site.
these companies that go under still have a name that is marketable to even if circuit city closes down maybe in a few years it will come back only as an online retailer.
neocisco
10-13-2008, 01:57 PM
At this point, that's the only thing going for CC, the value of the brand. If anybody shows interest in buying CC it would be primarily for that reason.
Weedy649
10-13-2008, 02:17 PM
Best Buy's service plans are insured so if they would ever go under then you would still be covered. Not so sure about circuit city.
I've been to circuit about once in my life. Seeing as how best buy was one of my first jobs it always felt like behind enemy lines if i was even in the same parking lot.
pazuzuindc
10-13-2008, 02:35 PM
Best Buy's service plans are insured so if they would ever go under then you would still be covered. Not so sure about circuit city.
I've been to circuit about once in my life. Seeing as how best buy was one of my first jobs it always felt like behind enemy lines if i was even in the same parking lot.
The Best Buy Performance Service Plan program is fully underwritten by a member company of the AIG group of companies.
aig huh...makes me feel better. haha
cdrober
10-13-2008, 02:51 PM
IF CC does go under that is bad for us, this will really reduce the competition to Best Buy and even to Amazon (Amazon has matched CC ad prices before) and we as consumers will end up seeing less deals (or at least a lowered quality of deals) in the long run (this is my opinion).
Gumby the Green
10-13-2008, 03:24 PM
so is everyone thinking that we should pretty much go ahead and use our gift cards? cause i was thinking about using it for Christmas but if everyone thinks it won't last till Christmas i might go ahead and find something to buy
IAmTheCheapestGamer
10-13-2008, 03:54 PM
so is everyone thinking that we should pretty much go ahead and use our gift cards? cause i was thinking about using it for Christmas but if everyone thinks it won't last till Christmas i might go ahead and find something to buy
After the Sharper Image debacle, I would go ahead and use the gift cards now, unless you're in one of the states that guarantees that the cards HAVE to retain their value even as the company is going under.
Christmas is only about 2 or so months away anyway, so find a good hiding spot for whatever you buy and hopefully whoever the things are for won't find them before then.
jaysapathy
10-13-2008, 07:16 PM
When CC goes out of business, on the off chance that they sell to a liquidator like Media Play/SunCoast did, giftcards will not be accepted from the moment the liquidator buys the merchandise. I'd use them now, folks, or get screwed later.
neocisco
10-13-2008, 10:32 PM
I used my Media Play gift cards once the liquidation started so that may be a state-by-state law. Consdiering the amount of CC gc's I have, though, I wasn't going to wait and risk it.
ITDEFX
10-14-2008, 12:38 AM
:whee:
The day I see a Going Out of business sale sign at "THE CITY", I am going into that store and find the guy who wanted me to make an animal sound during the job interview screening a few months ago and make that animal sound in his face 8-)!
About the Warranties, they HAVE to honor it in someway or give your money back in some way, otherwise they face a lawsuit from hundreds of customers.
jaysapathy
10-14-2008, 12:48 PM
They do not have to honor the warranty. It's actually not done by the company itself; it's outsourced. When a company is liquidated, the company and all of their assets are sold to the liquidator, whose sole purpose is making money. Media Play didn't even take returns when the liquidation started -- all sales were final. The way I see it, if you were dumb enough to buy an in-store warranty, you deserve to get screwed over. :roll:
SaraAB
10-14-2008, 12:56 PM
I would use the gift cards as soon as you can or at least before Dec. 25th in case they go under after that day.
Do not purchase gift cards from CC for Xmas gifts. Do not purchase an extended warranty.
If your in a state that requires gift cards to hold their value even after the liquidators have taken over then you can hold out.
IAmTheCheapestGamer
10-14-2008, 02:06 PM
:whee:
The day I see a Going Out of business sale sign at "THE CITY", I am going into that store and find the guy who wanted me to make an animal sound during the job interview screening a few months ago and make that animal sound in his face 8-)!
About the Warranties, they HAVE to honor it in someway or give your money back in some way, otherwise they face a lawsuit from hundreds of customers.
The only thing is, what would those people be able to sue for if the company is already insolvent? Trying to get money from someone that has none is a fruitless pursuit.
jaysapathy
10-14-2008, 06:39 PM
Beating a dead horse is always fun -- if for no other reason than to attract a lot of flies.
You can't sue a company that's going out of business -- they're protected in the US by bankruptcy laws. And what's the point in suing a company that is going out of business anyway? It stands to reason that if they're headed out, they're already losing at least a few cents on the dollar. :roll:
VioletArrows
10-14-2008, 06:43 PM
At least wait til my rebate check comes back...
zenintrude
10-14-2008, 06:48 PM
last year = compusa
this year = circuit city
i love the going out of business sales at the holidays... good stuff.
IAmTheCheapestGamer
10-14-2008, 06:53 PM
last year = compusa
this year = circuit city
i love the going out of business sales at the holidays... good stuff.
The only people I feel bad for when a store chain goes under are the store employees, since they're SOL and out of a job once the liquidation sales are done. I don't feel one bit of sorrow for the CEO's and the other executives, since they're usually the ones who fucked up the companies in the first place.
zenintrude
10-14-2008, 07:07 PM
The only people I feel bad for when a store chain goes under are the store employees, since they're SOL and out of a job once the liquidation sales are done. I don't feel one bit of sorrow for the CEO's and the other executives, since they're usually the ones who fucked up the companies in the first place.
even there... with circuit city, especially, i could care less.
i don't know about other stores, but the ones i've been exposed to have been filled with unhelpful jerks who could care less about helping the consumer.
but that's just one man's experience...
CC is the one store with universal clearance. I hate to have to get my clerance deal from Target, Sears, or Kmart, which been a miss for me.
IAmTheCheapestGamer
10-14-2008, 08:02 PM
even there... with circuit city, especially, i could care less.
i don't know about other stores, but the ones i've been exposed to have been filled with unhelpful jerks who could care less about helping the consumer.
but that's just one man's experience...
I've had crappy experiences with Kmart and Sears too, where the employees would stand there while I browse the game cases or whatever before asking me 20 minutes later if I needed help. Most times I'm content to find whatever I'm looking for on my own anyway, so I never really NEED their help.
But still, even if the people WERE jerks, it just sucks in general to be out of a job due to no fault of your own. You gotta feel for those 'jerks', since many of them probably have families and that's their source of income.
As for them having universal clearance, the stores by me are usually stripped bare, so I keep to Kmart or even Target at times.
Guerrilla
10-14-2008, 08:07 PM
At this point, I generally cash out my CC gift card on XBLA points as soon as I get one.
DaftPunkFan37
10-14-2008, 08:08 PM
The only use of Circuit City for me is to use their ads as price-matching for Best Buy..
I waited 50 minutes in line at a CC once, and there were only 20 people ahead of me (and a majority were families with 2-4 people). My hatred isn't helped by the fact that my friend's mom now is the head of SouthEast Best Buy
zenintrude
10-14-2008, 08:39 PM
As for them having universal clearance, the stores by me are usually stripped bare, so I keep to Kmart or even Target at times.
i agree here... while target rarely yields anything good for me, kmart is always gold. the combination of no one shopping there and their electronics section being an unorganized mess = great deals.
kongfunk
10-14-2008, 08:40 PM
I don't know if anyone said this but I think the warranties are underwritten by GE. I'll go pull one out.
ITDEFX
10-14-2008, 09:31 PM
A few things....
-The close outsales will suck just as bad as the SAM GOODIE/TOWER RECORD/COMPUSA ones.
-On the very last day, Speedy will go to the main HQ and say "Hey guys it's me, Speedy the guy you were trying to fuck over last year! Here I am!!"
-Billg will try to swindle them out using expired deals and coupons AGAIN.
AndrewCP
10-15-2008, 06:23 AM
good thing, that place annoys the hell out of me or at least the one closest to my house. all the employees and I mean every single god damned one would always be like "can I help you?" someone says that when I walk in and I'm like no thanks and then I go looking elsewhere and again "can I help you?" I move just a little bit looking elsewhere "can I help you?"
OH MY GOD, SHUT THE fuck UP! Well I won't be missing this place for sure :roll:
coolsteel
10-15-2008, 10:57 AM
even there... with circuit city, especially, i could care less.
i don't know about other stores, but the ones i've been exposed to have been filled with unhelpful jerks who could care less about helping the consumer.
but that's just one man's experience...
I've run into that plenty of times at CC, but then at the same store i'll run into someone who is really trying. I think the problem is the assholes just weren't weeded out. . When I was buying a clearance camera a few months back the manager refused to sell me the display model even though it was confirmed to be on clearance. I was desperate though because that was the last one in the area I knew about, I went back the next day and the next manager then bent over backwards to sell it to me.
My main issues with CC have always been the registers and complete lack of employee help at times. I've never seen more then 2 people on a register at CC in years of going there , I could understand maybe a few weeks of short staffing on register but years? But then there are employees in the stores, but like my local store they just aren't doing anything. Coming from and going to the back all the time, talking amongst themselves or just wandering around. Last time I wanted a game from the case I had to track down the woman with the keys, she was over in the music section browsing . Same situation for all three stores in my area. I hate to say it but I really wouldn't miss them if they went out, if it weren't for some of the deals they have from time to time I wouldn't step foot in there.
KingofOldSchool
10-15-2008, 12:01 PM
good thing, that place annoys the hell out of me or at least the one closest to my house. all the employees and I mean every single god damned one would always be like "can I help you?" someone says that when I walk in and I'm like no thanks and then I go looking elsewhere and again "can I help you?" I move just a little bit looking elsewhere "can I help you?"
OH MY GOD, SHUT THE fuck UP! Well I won't be missing this place for sure :roll:
It's called Customer Service, look into it.
If they don't do that, people complain they aren't being helpful.
If they do that, people complain that they won't let them shop.
You can't expect everyone in the store to know if someone's asked you if you're finding everything okay.
They don't know, you could be some lost soul to them trying to find something in particular but can't seem to find it.
Cut them some slack for actually trying to be helpful.
It's people like you that make a lot of retail employees cranky and unfriendly.
SaraAB
10-15-2008, 12:15 PM
The main problem I have with CC is the disorganization of the store. Its completely pointless to go into a store if you can't find what you want. There are games everywhere, mismarked games galore (leads to good deals!) and clearance bins that have a mixture of clearance and non clearance titles in them. An inventory system that doesn't match up with what the online inventory says doesn't help either, I found eneloop batteries in one store where the store locater said they were completely out of stock. The next biggest problem is ad misprints. There are so many I just don't bother with CC's ads anymore because they cannot be trusted.
CrazedArabMan
10-15-2008, 10:20 PM
I like to go to circuit city to see what deals they have but the one near me has horrible customer service, I've always had problems so I won't miss them because I usually go to gamestop or Best Buy but oh well, maybe they'll have a going out of business sale. :mrgreen:
darkslime
10-15-2008, 10:50 PM
The CC around me has the nicest and coolest employees, but a bitchy manager. (probably to me because no one had gotten penny guides there before though)
Kapwanil
10-15-2008, 10:52 PM
I stopped going there years ago when I would walk in right when they opened on Sundays, circular in hand, yet only 10% of the new items listed even made it to the store. After several weeks of "yes, the shipment came but, wouldn't you know it, we sold out of all of them already!" followed quickly by "however, we do have a similar item at a price that's just as affordable..." they just weren't worth the hassle any longer.
The other problem, just as other people stated, is that after the massive layoffs it was nigh impossible around here to get anywhere near decent customer service. Yes, the better workers were nice enough and knowledgeable, but when it takes 50 minutes to buy an item you want because the inventory system comes back twice with the wrong info, it takes 20 minutes to find someone who can work the register, and then another chunk of time because everyone working in the back (supposedly doing inventory) is hanging around the audio section instead.
davo1224
10-15-2008, 11:07 PM
Billg is responsible for this, no doubt.
Demolition Man
10-16-2008, 12:41 AM
OH MY GOD, SHUT THE fuck UP! Well I won't be missing this place for sure :roll:
I'm pretty sure if you got ignored at CC then you would be bitching about that too. Then end the rant with "I won't be missing this place for sure."
CaoPi
10-16-2008, 02:04 AM
hmm interesting, reminds me of when good guys closed down
Bezerker
10-16-2008, 09:37 AM
BB's official reason for dropping out of the buyout is because they got hold of CC's financial books and noticed that they would be out of business by year end. I'd say this is no surprise to some.
GuardianE
10-16-2008, 10:29 AM
I hate the Circuit Cities near me. They're always a pain in the ass to deal with and you always have to wait forever to get checked out (maybe because there aren't any real registers). So yeah, I don't really mind at all.
It is kinda weird though, because a Circuit City opened up very closeby within the past 6 months.
SaraAB
10-16-2008, 12:43 PM
The only time I have seen CC with more than 5 customers in it is during the holiday season (and there were a million employees in the store but none at the service center or registers). CC is the place where holiday shoppers go when they can't find that game their kid wants or that device their kid wants at any other store. Over here we really only need stores like CC to open from October to January since thats when they get most of their business, if a store could get away with finding a location that would let them do this it would probably work out very well.
Sacsquash
10-16-2008, 02:02 PM
Well with the not so good store "CompUSA" down the drain and options dwindling for options to buy from Big Box Stores. I'd definitely hate to see Circuit City go, they always have more sales than Best Buy, or at least sales on newer games which Best Buy definitely hasn't been doing from what I've noticed.
It is really going to suck when your only options are going to be Best Buy, Gamestop, and maybe Toys 'r Us if they manage to stick around for a while and Walmart & Target rarely ever have any sales. Really those of you wanting Circuit City to disappear off the face of the Earth are doing yourselves a disservice, we need options people come on.
IAmTheCheapestGamer
10-16-2008, 04:21 PM
Well with the not so good store "CompUSA" down the drain and options dwindling for options to buy from Big Box Stores. I'd definitely hate to see Circuit City go, they always have more sales than Best Buy, or at least sales on newer games which Best Buy definitely hasn't been doing from what I've noticed.
It is really going to suck when your only options are going to be Best Buy, Gamestop, and maybe Toys 'r Us if they manage to stick around for a while and Walmart & Target rarely ever have any sales. Really those of you wanting Circuit City to disappear off the face of the Earth are doing yourselves a disservice, we need options people come on.
CompUSA was OK, if you knew where to look for the deals, though many times the deals were hugely YMMV like many stores. Toys R'Us also had some financial difficulties a couple of years ago, much like Kmart and a couple of other retailers, but they pulled out of it as well. This included closing stores they felt were unprofitable for them.
If not for their successful reorganization, then we might already have one less place to shop.
Out of all of the places you mentioned, I think I would not shed a single tear if Wal*Mart suddenly closed shop. This is due mainly to the fact that while other stores know what the fuck the word clearance means, Wal*Mart thinks that twenty cents to two dollars off of MSRP is a good clearance price.
Of course, like chains of old, Wal*Mart is going through such a period of insane growth that they seem like an unstoppable juggernaut right now. This is mainly due to the same customer base as Gamestop benefits from, the sucker soccer moms who think 'omg that's a great deal' without shopping around and trying to get an even better deal.
If not for suckers like them, WalMart might still be just a regional chain from Arkansas.
All in all, I don't really want ANY chain to close(especially Kmart where I still get some insane deals at times), but if they're mismanaged then they will disappear.
That's the way it is, unfortunately. The only thing I wish could be changed, is if a chain goes under, the CEO's only get a nominal severance deal and don't get tens of millions even though the company drowned in red ink under their management.
SaraAB
10-17-2008, 01:27 PM
CompUSA was OK, if you knew where to look for the deals, though many times the deals were hugely YMMV like many stores. Toys R'Us also had some financial difficulties a couple of years ago, much like Kmart and a couple of other retailers, but they pulled out of it as well. This included closing stores they felt were unprofitable for them.
If not for their successful reorganization, then we might already have one less place to shop.
Out of all of the places you mentioned, I think I would not shed a single tear if Wal*Mart suddenly closed shop. This is due mainly to the fact that while other stores know what the fuck the word clearance means, Wal*Mart thinks that twenty cents to two dollars off of MSRP is a good clearance price.
Of course, like chains of old, Wal*Mart is going through such a period of insane growth that they seem like an unstoppable juggernaut right now. This is mainly due to the same customer base as Gamestop benefits from, the sucker soccer moms who think 'omg that's a great deal' without shopping around and trying to get an even better deal.
If not for suckers like them, WalMart might still be just a regional chain from Arkansas.
All in all, I don't really want ANY chain to close(especially Kmart where I still get some insane deals at times), but if they're mismanaged then they will disappear.
That's the way it is, unfortunately. The only thing I wish could be changed, is if a chain goes under, the CEO's only get a nominal severance deal and don't get tens of millions even though the company drowned in red ink under their management.
Totally agreed, I wouldn't shed a tear if walmart went under. There would be a negative to that though, they do help keep market prices in check on food and other items that you use daily, so if they went down you might see prices at other stores increase on items that you have to have daily (like food), which would be worse than their current model of no clearances on video games. Basically any chain store going down is bad though because it eliminates yet one more competitor and the more competitors in the market the lower prices will be for the end consumer.
I also wouldn't want to see Sam's club go under because they have the best return policy you can get (we don't have costco in this area) and they really bend over backwards to make sure you are happy with the club. If you are not satisfied with a product just bring it back even if its opened and they refund it period, and they don't treat you like a criminal for trying to return something. Yes you pay for membership but if you are making a large purchase it might just be worth your while to join Sam's and purchase it there instead of paying more than the $40 Sam's club membership fee
to a company that will not even honor the warranty that they originally sold you.
gotrice415510
10-17-2008, 01:40 PM
we as a consumer could get a lot out of the clearance sales.... but it was cool living right across the street from one
BillyBob29
10-20-2008, 03:34 PM
CC is now looking to close around 150 stores and cut a few thousand jobs in order to avoid being forced into bankruptcy.
coolsteel
10-20-2008, 04:32 PM
CC is now looking to close around 150 stores and cut a few thousand jobs in order to avoid being forced into bankruptcy.
They are already spaced pretty far out around here as it is, probably going to end up like Toys R Us with one store pretty much being it unless you like driving an hour and a half.
anarchyburger
10-21-2008, 12:39 AM
ya i hate CC but if they all close then when i go to Best Buy i wont be able to price match the CC deals on games. haha
LOL, as i was writing this the news reported what billy bob just said
YoshiFan1
10-21-2008, 01:47 AM
I know for sure my local CC is going to close. They basically have no inventory (I think they shipped off stuff to other stores), and it is always empty. But almost every CC in my area is always empty too. I just hope most stay open near me. I'll miss their clearance deals and if they liquidate the closing stores, the prices will be horrible since nothing good will be left past 10% - 20% off (I hate store closing "sales")
YoshiFan1
10-23-2008, 07:56 PM
The stock is $0.20 a share, ouch
IAmTheCheapestGamer
10-23-2008, 10:48 PM
LMAO $.20 a share? Geez, pretty soon it'll only be worth enough to make it into toilet paper. Although, I'm sure many who bought it much higher probably already are writing this stock off as a MAJOR loss.
pazuzuindc
10-23-2008, 11:57 PM
The stock is $0.20 a share, ouch
and after a period of time a stock under $1 is delisted...... if that happens man its all over.
GizmoGC
10-24-2008, 12:05 AM
Ouch.
Its as good as gone.
neocisco
10-24-2008, 12:47 AM
Standard & Poor already dropped CC earlier this year. The stock has been steadily dropping all year, long before the economy took a dip.
SaraAB
10-24-2008, 01:14 PM
Our CC has inventory, but its been sitting around for a while. Nothing is marked properly, there are still stacks of Geometry Wars for the DS marked at the original 29.99 price, they are not even in the clearance bin with the rest of the games. They also keep brand new games behind the counter so gamers who walk in for the game and don't know to ask think they are out of stock then they go somewhere else to buy it.
magus83
10-24-2008, 01:29 PM
Damn this sucks, I like my local circuit city, shop there quite frequently. Got some pricematching and exchanges done there without a problem. I'm gonna miss them if they go out of business, especially their clearance and gift card deals.
That means I'll have to go to best buy instead ugh, and they don't have too many video game deals either, plus my local best buy is located in a mall so it's usually crowded.
Snake2715
10-24-2008, 02:17 PM
This all started when they dropped appliances. They were the best price appliance dealer around at the time.
On another note, in my particular area all CCs have unorganized game inventory, hence none of the titles are placed in alphabetical order and prices are completely outdated (Dead or Alive 4 for 59.99 even when scanned in the register). Its video game section leaves alot to be desired, wonder if the other sections are any better.
coolsteel
10-24-2008, 03:48 PM
On another note, in my particular area all CCs have unorganized game inventory, hence none of the titles are placed in alphabetical order and prices are completely outdated (Dead or Alive 4 for 59.99 even when scanned in the register). Its video game section leaves alot to be desired, wonder if the other sections are any better.
From what i've seen all the media sections are a mess, but home theater, computers and stuff like that is kept up to snuff. I gave up trying to find movies from their ad in the one down the street, they would always throw them in a wooden bin with other movies. Ended up just price matching at Best buy more and more .
ObiBen
10-24-2008, 03:51 PM
I hope CC doesn't go under. I was looking forward to picking up some games in the near future with those gift card deals they've been running
VioletArrows
10-24-2008, 06:36 PM
Our CC just opened a couple years ago, but I never see nearly enough people in there that they should turn a profit. Doesn't help that they decided to build it right across the street from a Best Buy, GameStop, Target, and MovieStop.
smolo82
10-27-2008, 08:31 AM
With the stocks being so low, CC is planning on closing 150 Stores across the board. It has been hinted that the closing stores will do a fire sale to make up as much cash as possible. I haven't been able to find which stores are closing yet. Anyone able to find this out?
speedy1961
10-27-2008, 08:39 AM
With the stocks being so low, CC is planning on closing 150 Stores across the board. It has been hinted that the closing stores will do a fire sale to make up as much cash as possible. I haven't been able to find which stores are closing yet. Anyone able to find this out?
The latest intel is that they will close those stores AFTER the holiday selling season.
smolo82
10-27-2008, 08:47 AM
thnx for the info.
maxgle
10-27-2008, 08:49 AM
love the sig, speedy!
Chitown021
10-27-2008, 08:51 AM
LOL, they just opened brand new stores in my area over the summer. I remember they had a grand opening sale and had Kansas City Chiefs players signing autographs and were doing all sorts of drawings for TV's and crap.
IAmTheCheapestGamer
10-27-2008, 09:01 AM
LOL That sig is quite interesting Speedy. Of course, that kind of ad is almost every one on Craigslist. :roll:
It's too bad that today is only listed as the SHIPPING date for Little Big Planet or I might give CC a bit of business today for the $20 USB headset from their ad and a copy of LBP.
djsilke
10-28-2008, 01:05 AM
i work there now part time in sales for the tvs and ummm....its pretty bad. look for big deals to come after christmas..save your money..ITS LIQUIDATION TIME!
BlueLobstah
10-28-2008, 12:53 PM
The latest intel is that they will close those stores AFTER the holiday selling season.
As bad of a rep as CC receives, I'll be very sad to see them go as they have little direct competition outside of Walmart. Plus their sales tend to be fairly decent.
Interestingly enough, they're building a second store in my area right now...
Staind204
10-30-2008, 12:19 PM
As much as I don't like Circuit City, it would suck to see them go under. This just leaves less competition (competition = lower prices).
jaysapathy
10-30-2008, 06:04 PM
i work there now part time in sales for the tvs and ummm....its pretty bad. look for big deals to come after christmas..save your money..ITS LIQUIDATION TIME!
So you're making minimum wage now instead of what they told you they were going to pay you when you started? Time to quit and find a real job. :D
I hope CC doesn't go under. I was looking forward to picking up some games in the near future with those gift card deals they've been running
If you get those gift cards use them up. Once they go to liquidate they will be worthless.
I think they will be done sooner than we think. Anyone notice the big lots pc thread on SD's? They are selling laptops and they are greatly discounted and the same as are in cc ads. Cancelled order or no cash flow to buy possibly????
joshnorm
10-30-2008, 07:03 PM
LOL, they just opened brand new stores in my area over the summer. I remember they had a grand opening sale and had Kansas City Chiefs players signing autographs and were doing all sorts of drawings for TV's and crap.
Did Larry Johnson spit on/assult anyone at the signing?
I really hate to see CC go. Now we will be stuck with BB only which never has deals and Amazon. I guess Amazon is going to be getting more and more of my business.
The good news out of this whole thing is that I will be able to pick up a new TV from CC I am sure.
mtxbass1
11-01-2008, 03:26 PM
http://kotaku.com/5073448/sony-merch-bound-for-circuit-city-makes-u+turn
"Sony's merchandise that was being delivered to nationwide Circuit City distribution centers was stopped in transit and ordered to return to Sony 'among worries that Circuit City couldn't pay for the shipments.' "
VERY interesting. Predicted a few months ago, but this is the first that a big company has stopped shipping to CC.
Chitown021
11-01-2008, 03:31 PM
Did Larry Johnson spit on/assult anyone at the signing?
LOL, good question. I think he saves that for the women he meets in the nightclubs. If I remember right he was signing autographs at the Overland Park KS store and here on the MO side we got Damon Huard :cold:
MSUHitman
11-01-2008, 03:46 PM
mtxbass beat me to the Sony story, but also the NYSE officially notified CC yesterday that it's stock will be delisted if it does not get over $1 in the next 6 months.
dragoon99
11-01-2008, 08:05 PM
Wait a sec, I have a PC I bought at CC and it's insured for 2 more years. What will happen to my insurance? Is there anything I can do?
tangytangerine
11-01-2008, 08:24 PM
Wait a sec, I have a PC I bought at CC and it's insured for 2 more years. What will happen to my insurance? Is there anything I can do?
There's not really anything you can do if they go under, since the insurance is handled by a 3rd party through a contract w/ CC. If CC goes under, that money for insurance will go to waste.
dragoon99
11-01-2008, 08:35 PM
I've never replaced anything under the warranty do you think I could have it refunded?
If not I'm going to try to get some backup parts shipped to me. I am concerned about how my hard drive has been sounding louder lately.
coolsteel
11-01-2008, 08:49 PM
I've never replaced anything under the warranty do you think I could have it refunded?
If not I'm going to try to get some backup parts shipped to me. I am concerned about how my hard drive has been sounding louder lately.
In your case I would back up on cds/dvds more instead of spending money on a hard drive you may not really need.
So Sony isn't sending them new merchandise, that covers what everything from cameras to videogames? That is a pretty big blow, at the very least that cuts out a big chunk of the camera section.
Dead of Knight
11-01-2008, 09:37 PM
If the Sony thing is true, CC is completely fucked. If it's false, they're still completely fucked, but there will be a slightly slower death.
MSUHitman
11-02-2008, 03:52 PM
Consumerist reporting today that first thing Monday morning, Circuit City will officially announce the closing of 155 stores across the US. Those stores will either close immediately, or be liquidated before Dec. 31.
http://consumerist.com/5074161/breaking-circuit-city-closing-155-stores
slidecage
11-02-2008, 03:59 PM
There's not really anything you can do if they go under, since the insurance is handled by a 3rd party through a contract w/ CC. If CC goes under, that money for insurance will go to waste.
why wouldnt they have to pay for the insurance at one time. Just like that one car company that went belly up . your insurance will just be trasnfer to another company
Dkellar
11-02-2008, 04:32 PM
I searched circuit city's site for the stores near me and several are no longer listed. Maybe this is a sign the stores are closing?
ITDEFX
11-02-2008, 04:33 PM
oh snap!
Wonder if this is going to be like the CompUSA liquidation? Crappy deals and inflated prices with slow reductions with most the good stuff gone at 40%
donut
11-02-2008, 05:20 PM
I searched circuit city's site for the stores near me and several are no longer listed. Maybe this is a sign the stores are closing?
Same in my backyard...
SL4IN
11-02-2008, 05:21 PM
Closing those stores is going to help them get out of the hole they are in.
coolsteel
11-02-2008, 05:30 PM
I searched circuit city's site for the stores near me and several are no longer listed. Maybe this is a sign the stores are closing?
If that was so only one store got the axe around here, but it did bring to light I had no idea that many were in Maryland to begin with
donut
11-02-2008, 05:32 PM
Closing those stores is going to help them get out of the hole they are in.
duh...
The Mana Knight
11-02-2008, 05:39 PM
The latest article says all of this:
http://consumerist.com/5074161/updated-breaking-circuit-city-closing-155-stores
I'm not surprised. CC use to be a great store, but the majority I go to have gone downhill, with terrible customer service, zero organization, and other things. I'm starting to find their video game selection to be the worst in my area. I do wonder if my local CC will close (it's almost always empty), but it's the only one in a large radius.
EDIT: I see MSUHitman posted the link.
MSUHitman
11-02-2008, 05:40 PM
I searched circuit city's site for the stores near me and several are no longer listed. Maybe this is a sign the stores are closing?
The commentor's on Consumerist are saying that's the way to tell if your area is affected. If it's true, then St. Louis at least is completely unaffected so far. The story is also updated on Consumerist with a copy of the letter sent to affected CC employees.
The countdown to Speedy and/or Cheapy taunting CC outside their corporate office begins!
Edit: TMK I posted that about an hour before you did.
The Mana Knight
11-02-2008, 05:45 PM
The commentor's on Consumerist are saying that's the way to tell if your area is affected. If it's true, then St. Louis at least is completely unaffected so far. The story is also updated on Consumerist with a copy of the letter sent to affected CC employees.
The countdown to Speedy and/or Cheapy taunting CC outside their corporate office begins!
Edit: TMK I posted that about an hour before you did.I was reading through posts and just missed it. I just caught it. ;)
I saw that a location in IL is closing based on the statement. I would not be surprised because they were all over the Chicago area (I'm thinking a few of them might be it, kind of like what TRU did).
bigdaddybruce44
11-02-2008, 06:11 PM
I won't miss CC much, except for the fact that it will obviously mean decreased competition. All the CC stores I go to are unorganized and undermanned. You have to wander around the store just to find someone to ring you up.
IAmTheCheapestGamer
11-02-2008, 06:19 PM
oh snap!
Wonder if this is going to be like the CompUSA liquidation? Crappy deals and inflated prices with slow reductions with most the good stuff gone at 40%
That's EVERY store liquidation actually. I remember hitting up Sam Goody, Kmart and TRU stores that were being closed and it wasn't until the LAST WEEK that the percentages got really good.
Sick part is, the one Sam Goody store(Paramus, NJ's Paramus Park Mall, I believe it's called)STILL had some really good and then current games 2-3 years or MORE ago when they closed after FYE/Transworld acquired the chain. I was there on the week BEFORE the last week and the %'s were up to 80% off and NO ONE was biting on ANY of the 'deals'.
However, I was also to a couple CompUSA store closings and those ones sucked horribly. As you said, everything GOOD was gone before 40% off. Regular consumers really suck and think any % off is a 'great deal'. Of course, if they didn't and were cheapasses like us, there would be even MORE competition for deals.
neocisco
11-02-2008, 07:05 PM
I don't have a lot of details yet but I do know that CC is closing all stores in Atlanta. That means in about 6 weeks I'm out of a job. Oh well. I can go down the street and get one at BB if I have to. At least some if not all stores in Chicago, Phoenix and San Francisco will be closed as well. CC has hired liquidation companies to handle the store closings so expect the same types of prices you saw at CompUSA, Media Play, etc. Hopefully I'll have more info tomorrow and post it then.
IAmTheCheapestGamer
11-02-2008, 07:09 PM
I wonder if they removed the stores that are going to be closing from the store locator thing, since if they have, that means my two local stores are staying open for now.
neocisco
11-02-2008, 07:19 PM
MSUHitman, it might be a good idea to update the title of the thread. "CC to close 155 stores" maybe?
I wonder if they removed the stores that are going to be closing from the store locator thing, since if they have, that means my two local stores are staying open for now.
That's exactly what happened. If your local store doesn't come up on the store locator it will be closing down.
Ice2Dragon
11-02-2008, 07:24 PM
Resistance 2 is already in stores, so people dont be worried about it...
IAmTheCheapestGamer
11-02-2008, 07:28 PM
That's exactly what happened. If your local store doesn't come up on the store locator it will be closing down.
Sorry to hear you're getting the ax there, Neo. Best of luck in your future endeavors.
demented1
11-02-2008, 07:35 PM
Resistance 2 is already in stores, so people dont be worried about it..
yesssssss
cdeener
11-02-2008, 07:43 PM
Sorry, neocisco first off. Now, I wonder if Bestbuy or someone else will try to swoop in and buy up the outstanding shares of CC to take them over?
Well, I just got confirmation that the two closest ones to me will be closing up shop so it is a sad day. They don't come up on the store search. I wonder if I can get some of the stuff they have on display on the cheap like I almost was able to get one of Xbox 360 console & Samsung TV stand from Compusa when they closed. I'm still pissed about that one because I would have been able to get it for $350 but somebody beat me to it by an hour.
cleaver
11-02-2008, 07:54 PM
I love CC; this is really bumming me out. There's a thread in SD that shows you how to order new release games that come with a $10 gift card for $45 without buying the gift card; that's how I spent my credit.
happy
11-02-2008, 07:57 PM
The one near me is staying, but at least two near my parents (I think I remember a third that isn't showing up) are gone. Maybe I'll stop in when I visit them in December and see if I can find anything decent, although I suspect people will see 10% off and buy everything - I never understood those people.
Hopefully this will encourage a chain like Fry's to expand because there is definitely room for two electronics stores if there's room for both Bed Bath and Beyond and Linen and Things (why do they always build them right next to each other?).
chakan
11-02-2008, 07:58 PM
Guess that CAG boycott really worked
CC=0
Speedy1961=1
cdeener
11-02-2008, 08:03 PM
Guess that CAG boycott really worked
CC=0
Speedy1961=1
Not really because they did this before when they were in trouble but I think they are on the brink of shutting down all together if they don't improve their credit rating.
chakan
11-02-2008, 08:08 PM
No, I think they're done. They would do anything to keep their stores open until Black Friday, when they make huge sales. If they can't keep 155 stores open for 3 weeks, they have no cash liquidity, and they are circling the drain as a company. There's no turning back at this point.
And I'm joking about the boycott if my sarcasm didn't come through.
slidecage
11-02-2008, 08:16 PM
I don't have a lot of details yet but I do know that CC is closing all stores in Atlanta. That means in about 6 weeks I'm out of a job. Oh well. I can go down the street and get one at BB if I have to. At least some if not all stores in Chicago, Phoenix and San Francisco will be closed as well. CC has hired liquidation companies to handle the store closings so expect the same types of prices you saw at CompUSA, Media Play, etc. Hopefully I'll have more info tomorrow and post it then.
i be shocked if the one in fort wayne dont close
no1 is ever in there. 99.9% of all stock dont have right price on the items, and 90% of the workers have no clue of the items they are selling
Asked if a DVD burner could burn both + and - DVDS and the worker just looked at me like they had no clue what a DVD was
ITDEFX
11-02-2008, 08:23 PM
I wonder if "The City" will be closed too? I doubt it as "The City" may be what will be left of CC when they close down.
Another reason why I am GLAD I didn't get that job.
Oh well, there goes some good deals to price match.
ITDEFX
11-02-2008, 08:25 PM
Closing those stores is going to help them get out of the hole they are in.
That's what CompUSA did, but that didn't help as they eventually closed down the rest of them.
I wonder which company is going to try to save their ass next?
cdeener
11-02-2008, 08:25 PM
No, I think they're done. They would do anything to keep their stores open until Black Friday, when they make huge sales. If they can't keep 155 stores open for 3 weeks, they have no cash liquidity, and they are circling the drain as a company. There's no turning back at this point.
And I'm joking about the boycott if my sarcasm didn't come through.
I know my good friend. It is just fitting though after they have had all the deals they had through the years from price mistakes.
sunnysky
11-02-2008, 08:48 PM
Just a heads up, in case you've been eyeing some clearance items.
The time to jump on them might be now.
http://www.engadget.com/2008/11/02/circuit-city-to-shutter-155-stores-locations-to-go-public-tomor/
prateeko
11-02-2008, 08:50 PM
There will be little to no good clearance items there since they're going to move the product to stores that do better. If you saw something there you wanted and was YMMV clearance, then yeah, jump on it.
List comes out tomorrow tho.
neonglow
11-02-2008, 08:55 PM
A good indicator of whether your store is closing is by entering your zip code in the store locator. If you don't see your store, it's about to close.
http://www.circuitcity.com/ccd/genericContent.do?oid=154701&c=1
neonglow
11-02-2008, 08:56 PM
A good indicator of whether your store is closing is by entering your zip code in the store locator. If you don't see your store, it's about to close.
http://www.circuitcity.com/ccd/genericContent.do?oid=154701&c=1
solomonrex
11-02-2008, 08:56 PM
I saw a tip that you can find out which stores are closing in the website 'store locator' at circuitcity.com, I'm not positive if this works, since both stores near me show up.
edit: or follow the link above...
lakers310
11-02-2008, 09:04 PM
NOOO!!! Mines is closing.:cry:
mtxbass1
11-02-2008, 09:05 PM
http://www.cheapassgamer.com/forums/showthread.php?t=199691&page=9
Bartman3010
11-02-2008, 09:07 PM
Store locator shows 14 stores. I guess I dodged the bullet until tomorrow.
ITDEFX
11-02-2008, 09:07 PM
A good indicator of whether your store is closing is by entering your zip code in the store locator. If you don't see your store, it's about to close.
http://www.circuitcity.com/ccd/genericContent.do?oid=154701&c=1
doh I forgot about this clue.
Anyways by the end of the week at the latest is when that locator should be updated.
Kinda sucks for those who have been with the store for so long to have to leave.
Ender
11-02-2008, 09:08 PM
Damn, I guess mine is staying open. I wish it would close; that place is a hole.
crewj
11-02-2008, 09:08 PM
A good indicator of whether your store is closing is by entering your zip code in the store locator. If you don't see your store, it's about to close.
http://www.circuitcity.com/ccd/genericContent.do?oid=154701&c=1
thanks for that tip! looks like they're closing the one next to me... :-({|=
CoffeeEdge
11-02-2008, 09:08 PM
Uh oh, mine isn't on the store locator. I guess it's bye-bye, then.
I actually don't care, I never go there anymore. But I have a friend that works there, so that sucks...
Z(+)DIAC
11-02-2008, 09:09 PM
thanks for that tip! looks like they're closing the one next to me... :-({|=
Same here...which I can honestly say is a bit unfortunate as it is right next to a BB (I tend to PM more to CC because of the extra 10% - Every cent/dollar counts).
Rodrigo18
11-02-2008, 09:10 PM
Looks like the two near me are closing
thenockmlb
11-02-2008, 09:10 PM
My Circuit City is still listed, it seems as though it does horrible business, but I hope it stays open.
anonymouswhoami
11-02-2008, 09:10 PM
Apparently every store in Phoenix is closing, since the only ones listed in Arizona are the two in Tucson. Too bad, I have fond memories of hitting every Phoenix CC in the summer of 2004 during the infamous $5 clearance sale.
DemonGamer24
11-02-2008, 09:10 PM
We're sorry; there are no Circuit City stores within 100 miles of PHOENIX, AZ 85050.
Wow... LOL.
Edit: Good timing, guy above me.
tightclaws
11-02-2008, 09:11 PM
They closed everyone that was anywhere near me, I guess its really almost the swan song for CC.
Chitown021
11-02-2008, 09:12 PM
Wow, I know there's at least 3 stores in my area and none of them show on the locater.
tightclaws
11-02-2008, 09:12 PM
We're sorry; there are no Circuit City stores within 100 miles of PHOENIX, AZ 85050.
Wow... LOL.
Good timing, guy above me.
The rest won't be around much longer I have a feeling.
qwerty1
11-02-2008, 09:13 PM
still 28 near me :cry:
kidkash03
11-02-2008, 09:13 PM
The one in Paducah, KY is closing, it looks like. I preferred BB since it opened there anyways.
ajh2298
11-02-2008, 09:14 PM
It seems like all the ones in the Pittsburgh area are staying open which is cool, I thought they might close 1 or 2 of them down since there are 5 in the general area.
TheLastGunslinger
11-02-2008, 09:14 PM
Looks like mine are all good.
Milkyman
11-02-2008, 09:16 PM
seems like none of the ones i know in new york city are closing :(
tightclaws
11-02-2008, 09:16 PM
Wow, I know there's at least 3 stores in my area and none of them show on the locater.
Yeah I'm in the burbs, the one on Touhy, and the one in Vernon Hills both not listed anymore :(
happyorangeman
11-02-2008, 09:18 PM
Well at least the one I installed my car stereo at is still open. I have to take it back to fix them. Thanks for the store location tip.
Casiotech
11-02-2008, 09:22 PM
mine will still be here.
without CC, BB will have no BM competition
fuck you best buy.
Kfoster1979
11-02-2008, 09:22 PM
Looks like Roanoke VA is staying open, but they are going to close Lynchburg.
All seven are still open in my area...so far. Actually it's kinda a freaky cause on fridays at night the one near me is totally empty except for like 3 customers. It wouldn't surprise me if some will go out after christmas.
Regian
11-02-2008, 09:23 PM
The one in Merrillville, IN looks to remain open according to the current locator.
However, seeing as they seem to be the most unorganized store and my phone calls to them to ask the most simple questions end up taking 10 or more minutes, it wouldn't break my heart to see it go. I do feel a little bad for the employees affected by this, especially those who actually give a shit about their job.
Lord_Kefka
11-02-2008, 09:27 PM
My ones near home seem safe but the one by work (Vernon Hills, IL) isn't listed. I'll hit them tomorrow
iluvmywife
11-02-2008, 09:27 PM
mine will still be here.
without CC, BB will have no BM competition
fuck you best buy.
It is kinda funny that people don't care if they close down their local CC. Funny cuz those people who don't care and don't have a local CC will possibly miss some good deals and/or pms.
Competition is good for the consumer and leads to lower prices!
Edit: Mine is staying open! Thank God, the next one is about 100 miles away.
Stingermck
11-02-2008, 09:29 PM
mine will still be here.
without CC, BB will have no BM competition
fuck you best buy.
Yes they do. Its called Walmart, Target. CC hasnt been a threat for awhile.
my store is still showing up. In fact 5 within 90 miles. How in the hell mine will stay open is amazing. There is a Best Buy, Target and Walmart within a few blocks of CC
joby27
11-02-2008, 09:29 PM
Wow my store is closing. I wish they would of chose another store because mine never gave me any problems with adjustments and price matches. Plus they have the pretties girls out all the circuitcity's around my area. Though they were suppose to Open a new store closer to my house, but I passed by that place the other day and The New CircuitCity sign was gone. I hope they're just moving, because I hate the Montclair store.
nikkai
11-02-2008, 09:30 PM
Local two in Chicago still open for now...
But the one on North next to BB is freaking empty, while the BB next door is bursting.
msdmoney
11-02-2008, 09:35 PM
All the stores I go to in the West Los Angeles area still show up in the locator, and so does the store from my hometown, Chico.
MSUHitman
11-02-2008, 09:35 PM
Neosisco I hope things go well for you as you find a new place. It's sad that we won't get any more updates on CC clearance, but I guess that won't be an issue for too much longer anyway.
Thread title and tags updated.
Mine appears to be staying. I'm glad, as I was sad when CompUSA closed up.
Rollobobo
11-02-2008, 09:38 PM
Looks like they can't compete.....I personally have never bought on games there because they way they setup their displays make it difficult to find what you are looking for.
woodcan
11-02-2008, 09:39 PM
Interesting. Out of the 2 NEW stores in my area that opened within about the past year 1 of them is closing and it's the one that has a better layout, friendlier more helpful and attentive staff, and appears to be busier from my experience.
zenintrude
11-02-2008, 09:39 PM
mine, tallahassee, is dead
flix1
11-02-2008, 09:39 PM
Looks like both the one by my home and the one by my work in the NW suburbs of Chicago are going bye-bye.
crewj
11-02-2008, 09:40 PM
Local two in Chicago still open for now...
But the one on North next to BB is freaking empty, while the BB next door is bursting.
i like the cc on north ave.
Looks like both the one by my home and the one by my work in the NW suburbs of Chicago are going bye-bye.
are you talking about the skokie one? that one is closing next to me and they pretty much sucked.
sunnysky
11-02-2008, 09:42 PM
looks like all Minnesota stores are still showing up.
Tomorrow could be a different story.
I work close to one that's only been open for a year.
It's like a ghost town when you walk into it. Of 15 people in the store at any time, you can assume that 14 are employees.
langdon_alger
11-02-2008, 09:42 PM
Kildeer / Deer Park IL seems to be going bye-bye...
Sooo, no door closing deals then, if stock is going to be transferred...damn!
2 of the 3 local stores are going to close.
rperez1025
11-02-2008, 09:45 PM
"We're sorry; there are no Circuit City stores within 100 miles of OVERLAND PARK, KS"
:(
And they just opened up a new store here about a year ago.
looks like the dublin and fremont CA stores are going to close
slidecage
11-02-2008, 09:47 PM
A good indicator of whether your store is closing is by entering your zip code in the store locator. If you don't see your store, it's about to close.
http://www.circuitcity.com/ccd/genericContent.do?oid=154701&c=1
dont think it works here locally
Fort Wayne, 3701
Approx: 2 miles
291 E Coliseum Blvd, Fort Wayne, IN 46805 Details & directions
Mishawaka, 3186
Approx: 67 miles
5944 Grape Road, Mishawaka, IN 46545 Details & directions
Portage, 3634
Approx: 80 miles
6026 South Westnedge Avenue, Portage, MI 49002 Details & directions
Castleton, 3193
Approx: 95 miles
I doubt all 4 are stayin open
Zmonkay
11-02-2008, 09:47 PM
Wow, I think mine may already be closed? I just tried calling, and it sad the usual closed (as in business hours) message. Thing is, they are supposed to be open until 8:00 according to the phone message, but it was 7:40 when I called... Though maybe the phone system automatically did that because it didn't update after daylight savings? Gonna call tomorrow to confirm.
KingofOldSchool
11-02-2008, 09:49 PM
dont think it works here locally
Fort Wayne, 3701
Approx: 2 miles
291 E Coliseum Blvd, Fort Wayne, IN 46805 Details & directions
Mishawaka, 3186
Approx: 67 miles
5944 Grape Road, Mishawaka, IN 46545 Details & directions
Portage, 3634
Approx: 80 miles
6026 South Westnedge Avenue, Portage, MI 49002 Details & directions
Castleton, 3193
Approx: 95 miles
I doubt all 4 are stayin open
I dunno, I checked a few different zip codes and the Carmel store isn't showing up, yet all of those other ones are showing up.
dunno about you slidecage but 2 of the 3 closest stores around me are gone.
Monster
11-02-2008, 09:50 PM
my local CC is closing....
Jackson, Michigan
MondiBlue
11-02-2008, 09:50 PM
Mine is going to be closed. I have mixed feelings, the employees were jerks on numerous occasions, but then again, bye bye PM to Best Buy.
bingbangboom
11-02-2008, 09:53 PM
I think it is something that is sad for the entire industry but I remember talking to some people last year at Circuit City and they knew the company was on hard times. They fired more experience staff due to payrate and hired well, kids to work cheap. It is a bad experience when I go in there and managers just let it be that way because they are more than likely getting paid cheap too.
Not good though, loosing jobs and competition... who is next? We had CompUSA followed by Circuit City... means there is less cash flow going around... not just to Best Buy.
Looks like the stores along the stretch from Portland to Eugene, OR stay open.
Pck21
11-02-2008, 09:57 PM
Apparently every store in Phoenix is closing, since the only ones listed in Arizona are the two in Tucson. Too bad, I have fond memories of hitting every Phoenix CC in the summer of 2004 during the infamous $5 clearance sale.
We're sorry; there are no Circuit City stores within 100 miles of PHOENIX, AZ 85050.
Wow... LOL.
Edit: Good timing, guy above me.
Haha I live in Glendale and I got the same message. I guess every store in the greater Phoenix area is gone huh? Good riddance; I hate that place.
Brad Bishop
11-02-2008, 09:58 PM
Wow - it looks like all of the Atlanta stores are closing.
Chronis
11-02-2008, 10:01 PM
Dammit, the 2 closest ones seem to be closing down. Looks like Valkyria Chronicles will be the last thing I buy from a CC for a while...
For the record: that's the Holtsville/Patchogue and Lake Grove stores, in Long Island NY.
Cantatus
11-02-2008, 10:02 PM
The ones for Dayton are still listed. Oddly, there is a 3rd location on the map that doesn't seem to exist currently. I really can't believe they'd be opening another store with all the ones they are shutting down.
Of course, I guess it could be possible that this is one of the areas where Circuit City is doing well. The only real competition they have is Best Buy.
Wrestlingmann
11-02-2008, 10:04 PM
All three of the stores around me (cleveland/painesville) are closing
The ones in Garfield Hts, Mayfield Hts, and Mentor are all closing. WTF. I have to drive an hour to Aurora to get the goods.
VioletArrows
11-02-2008, 10:07 PM
I know they won't be closing the one they just built 2 years ago down the street, and it still shows 8 within my area. Except I don't know how many there were nearby in the first place. There used to be one in Melbourne a couple years ago, but that closed up shop and after that it's Merritt Island. I think that would only leave Best Buy and little local overpriced shops for Melbourne/Palm Bay.
shivaedge
11-02-2008, 10:07 PM
Awww, the two stores closest to me (City of Industry, CA and Pomona, CA) seem to be closing. Oh well.
eminemobied12
11-02-2008, 10:07 PM
looks like none of the stores near me in Jersey are closing... i guess we'll know for sure when the list comes out
ndshide
11-02-2008, 10:10 PM
dont think it works here locally
Fort Wayne, 3701
Approx: 2 miles
291 E Coliseum Blvd, Fort Wayne, IN 46805 Details & directions
Mishawaka, 3186
Approx: 67 miles
5944 Grape Road, Mishawaka, IN 46545 Details & directions
Portage, 3634
Approx: 80 miles
6026 South Westnedge Avenue, Portage, MI 49002 Details & directions
Castleton, 3193
Approx: 95 miles
I doubt all 4 are stayin open
That's actually probably correct slidecage. The store in South Bend, IN isn't listed and is still open as of this moment. It's weird cause the South Bend store is much nicer and newer. Probably opened <15 months ago and is one of the concept "The City" stores that are smaller and nicer. The one in Mishawaka is a dirty hole. It's amazing that when something big comes out you'll see 70 people lined up outside best buy before 5 are at circuit.
MightySlacker
11-02-2008, 10:10 PM
Yikes. That Garfield store isn't that old.
As far as NE Ohio, Parma and Elyria are also closing. Weird. I thought Canton would go, its dirty and old, and I've never actually seen anyone in there besides me.
And that Steubenville store is a fucking CLOSET.
Dave
BABETOOTH
11-02-2008, 10:14 PM
The one in the Bronx by Chuck e. Cheese and Home Depot opened late this August and now its closing. What a waste. Usually most of the people parked are employees when I've been there...
Segasonic01
11-02-2008, 10:17 PM
Damn, I was hoping one of the ones near me would close. They're all shitty stores with useless employees that dont do anything.
jjknap
11-02-2008, 10:20 PM
Well, the one in Joliet, IL is closing. I just bought Dead Space and Fallout 3 for the PC there last Tuesday. I used to price match them with BB all the time. Now that CC is going away, BB won't have much incentive to have big sales on the new games. :(
knightsdwn
11-02-2008, 10:28 PM
The CC at the Palisades Mall in West Nyack, NY is closing. Good thing that is the farthest CC I ever go to and the two closest ones will remain open.
I feel pretty bad for the CC employees even though some of them can be dicks.
schuerm26
11-02-2008, 10:29 PM
Shit, all the ones in Kansas City are closing? I know of 3 off the top of my head. I type in my zip code and none are found within 100 miles. :(
Monsta Mack
11-02-2008, 10:32 PM
Newington, CT and Meriden, CT staying. WTF? These places are ghost towns when I visit them.
I foresee more closures in a year or so.
ryanflucas
11-02-2008, 10:37 PM
I checked the store locator and so far Brookfield, WI #3175 is still listed so I assume it's not closing. I'll check again tomorrow. However, it's always empty when I go there and it closing so I wouldn't be surprised. Store closings suck for employees and markets, but for cheap consumer goods it's actually good around here. The state has been giving tax incentives to businesses to dump their goods into charity instead of taking it along when they leave. Those charities are usually Goodwill & Salvation Army. Target already does it to all their clearance items that don't sell after a certain amount of time. It's gotten to the point where I can buy 50% of my media\entertainment goods from these two stores, but the key is knowing when the shipments are. A great indicator is when I go into Target for example and all the endcap clearance racks are empty. Within in 2 days or so it's unloaded at the nearest Goodwill.
phillycool345
11-02-2008, 10:38 PM
i have 48 near me lol
G3 Steve-O
11-02-2008, 10:41 PM
if you have one of those CC Credit Cards do you have to pay the remaining balance on it if they would completely go UNDER and fold???
emceelokey
11-02-2008, 10:43 PM
Did anyone hear the report about Sony stopping deliveries to their wharehouses mid delivery because they were concerned about CC not being able to back their line of credit or somethin like that?
SimaYi
11-02-2008, 10:45 PM
One closing near me, shame
So theres a clearance thing that will start tomorrow at those stores?
mitch079
11-02-2008, 10:45 PM
if you have one of those CC Credit Cards do you have to pay the remaining balance on it if they would completely go UNDER and fold???
Yeah, I'm sure Chase would just be like, oh nah don't pay what you owe us. :roll:
nbballard
11-02-2008, 10:46 PM
Mine in memphis (on winchester) appears to be gone from the website. I've got 2 more within 15 miles, but the one that's closing is only about 2 minutes away.
gr8asianman
11-02-2008, 10:49 PM
None of mine appear to be closing. Although I haven't found anything spectacular recently besides a couple penny guides.
msu89dawgs
11-02-2008, 11:00 PM
Looks like the one nearest me, and the one about 100 miles from me where my mother lives, are both staying open. I've actually gotten some good deals at CC. I never buy anything at full price, though. I just got an open box Toshiba 52" 1080p LCD TV from my local CC, paid less than any online site I could find. I also bought a Panasonic HD camcorder from the store near my mother recently, got a very good clearance price there. However, their regular retail prices can't compete with online pricing, and that matters more to their survival than clearance or open-box sales.
darkslime
11-02-2008, 11:02 PM
I kind of wish mine was closing so that bitchy manager has no job.
bill123
11-02-2008, 11:32 PM
yea this is some lame shit. I just barely slipped by the hammer and am not on the list in my area to be closed....for now. It sucks though if Neo got hit with the shitty news. I feel for ya man. Fucking douche bags.
MSUHitman
11-02-2008, 11:38 PM
Could one of the mods put these responses in my thread in deal shopping/discussions that's been open since the middle of Oct.? Thanks.
pROvIs
11-02-2008, 11:46 PM
looks like most of the ones in MN are staying open. I guess we will see tomorrow when they announce the stores. I didn't shop much at CC but i would take advantage of some of their killer promotions. I will miss them if they leave and it will kind of suck not having any competition for Best Buy.
g-man
11-02-2008, 11:49 PM
Mine in memphis (on winchester) appears to be gone from the website. I've got 2 more within 15 miles, but the one that's closing is only about 2 minutes away.
i just saw that too. but the S-haven store is much better and really isn't that far away. It takes me about 10-15 minutes to get to the winchester store from my house just outside of southaven, even with traffic. 5 minutes in the opposite direction is the S-haven store, so 20 minutes or so from the new store to the one shutting down isn't that bad. a LOT better than driving to Gtown Parkway or freakin arkansas.
But still, you would be better off just going to best buy. the riverdale Best Buy is pretty decent. the s-haven best buy is a stupid rat maze, though. i hate going in there. i feel like i'm being hurded into a cage by an unseen hand trying to get me to buy overpriced electronic crap. sure, rocketfish is cheap, but that's no reason to mark up prices on name brand items that are cheaper at Walmart, CC, and Target. i mean, seriously. Why would I buy a $14 xbox controller battery when i can go across the street to Walmart and get it for $11, and pick up some socks and waffles to boot?
oh..and fastest way i know to get from the closing circuit city to southaven is south on riverdale, right on holmes, cross whatever that highway is called, then take the next left (forget the name), right on stateline and then left on airways and straight til you see Circuit City on your right. it's actually a nice store. a much better atmosphere than the winchester road one. no traffic taking that route, until you hit airways.
flix1
11-02-2008, 11:51 PM
are you talking about the skokie one? that one is closing next to me and they pretty much sucked.
The Vernon Hills, IL (which someone already mentioned) and Crystal Lake,IL ones.