[quote name='shivaedge']Similar to what happened to CompUSA, yeah?[/QUOTE]
More like the exact same thing.
[quote name='systemax.com']Richard Leeds, Chairman and Chief Executive Officer of Systemax, commented, "This acquisition and quick launch of the all new CircuitCity.com further solidifies Systemax's position as a leader in online retailing of value-priced, branded computers and consumer electronics. Circuit City is one of the iconic brands in U.S. electronics retailing with a 60-year legacy. With the longstanding leadership of our TigerDirect.com business and the growing contribution of our CompUSA business acquired last year, we think Systemax is uniquely positioned to best carry forward the great Circuit City brand in the online space."[/quote]