Circuit City to liquidate, close
18 replies
Circuit City, the nation's 2nd largest consumer electronics retailer, is closing its remaining 567 stores. 34,000 people will lose their jobs. They'd filed for bankruptcy in November. The day after I bought my camera at Pembroke Pines.
Interesting note.
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.
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."
That's what happened to CompUSA, now that TigerDirect has bought them.
http://money.cnn.com/2009/01/16/news/companies/circuit_city/?postversion=2009011615
Make the throwback uniforms permanent!
Better use my giftcards then.
Final MCAT attempt 5/28
Results: ???
Goal: 38+, Latest practice tests: 37, 35, 39

"Regan21286 wrote:
Better use my giftcards then.
OMG you still have some? Can you even use them still?
I find the number of stores vs. number of employees in Canada vs. US to be intriguing :lol:
I think the GCs were probably out as of the November bankruptcy filing. Gotta be careful where you buy folks GCs at in this climate. Outside of Target and Wal-Mart, I bought none this year.
"jdang307 wrote:
OMG you still have some? Can you even use them still?
I find the number of stores vs. number of employees in Canada vs. US to be intriguing :lol:
Yep a $20 and a ~$40 left one. You can continue to use those cards until March when the liquidation ends.
The Circuit City nearby is surprisingly still in business. I go there often with price-matches on games. Rainbow Six Vegas 2 for under $30 on its release date? Sweetest deal I've seen in gaming for a while.
"Jimmy James wrote:
I think the GCs were probably out as of the November bankruptcy filing. Gotta be careful where you buy folks GCs at in this climate. Outside of Target and Wal-Mart, I bought none this year.
They are not out. They received the court's permission to continue honoring gift cards until March. Unless Starbucks, Amazon, Best Buy, and Costco go out of business, I think I'm safe.
Final MCAT attempt 5/28
Results: ???
Goal: 38+, Latest practice tests: 37, 35, 39

Sucks to hear. I work for a competitor but the closest CC to my location is 30 mins away. Should help our stock though. :)
"Regan21286 wrote:
Yep a $20 and a ~$40 left one. You can continue to use those cards until March when the liquidation ends.
The Circuit City nearby is surprisingly still in business. I go there often with price-matches on games. Rainbow Six Vegas 2 for under $30 on its release date? Sweetest deal I've seen in gaming for a while.
They are not out. They received the court's permission to continue honoring gift cards until March. Unless Starbucks, Amazon, Best Buy, and Costco go out of business, I think I'm safe.
I got similar deals on SCIV collector's edition and Madden '09 anniversary edition off of Amazon ($30 and $40 respectively I think).
And then Toys 'R Us had a website screw up where the buy 2 get 1 free was actually buy 1 get 1. Those were my best deals recently.
2017 Dream Draft (3/17 – NFLDraftScout ~ Rankings used)
22. Zach Cunningham, LB, Vandy
54. Desmond King, S/DB, Iowa
97. Demarcus Walker, DE, FSU
166. Jermaine Eluemunor, OL, TAMU
178. George Kittle, TE, Iowa
184. Charles Walker, DT, Oklahoma
223. Aviante Collins, OL, TCU
"Regan21286 wrote:
They are not out. They received the court's permission to continue honoring gift cards until March. Unless Starbucks, Amazon, Best Buy, and Costco go out of business, I think I'm safe.
That's good. Now I need to think hard about the last time I bought something online to pick up at the store and whether they gave me a $24 gift card I never bothered to use. Now would be the time (but I think the answer is no -- I used it already).
Circuit City (or at least my local store) is offering 30% off all mobiles/accessories, 20% CD's or DVD's (Blu-Ray excluded), and 10% everything not already on clearance or on sale.
Final MCAT attempt 5/28
Results: ???
Goal: 38+, Latest practice tests: 37, 35, 39

Does anyone know if CC will honor their warranties. I bought a TV last yr and bought the extended warranty plan. I am having a hard time finding any info out on that.
"Finfangirl wrote:
Does anyone know if CC will honor their warranties. I bought a TV last yr and bought the extended warranty plan. I am having a hard time finding any info out on that.
http://www.circuitcity.com/closed.html
Are Circuit City's extended warranties affected by the liquidation?
No. Circuit City Advantage Protection Plans® (extended warranties) have been backed by third-party independent companies for more than 15 years and as a result, are not impacted by Circuit City's closing.
Currently, all Circuit City Advantage Protection Plans are fully backed by the Assurant Solutions companies. Assurant Solutions operates as Federal Warranty Service Corporation, Sureway, Inc., and United Service Protection, Inc. Assurant Solutions is part of Assurant, Inc. (NYSE: AIZ), and its extended service contacts are backed by an Assurant insurance subsidiary rated A "Excellent" by A.M. Best Co.

Rest in peace bigbry and dolphin debby!
"Fin Fan In Cali wrote:
http://www.circuitcity.com/closed.html
Are Circuit City's extended warranties affected by the liquidation?
No. Circuit City Advantage Protection Plans® (extended warranties) have been backed by third-party independent companies for more than 15 years and as a result, are not impacted by Circuit City's closing.
Currently, all Circuit City Advantage Protection Plans are fully backed by the Assurant Solutions companies. Assurant Solutions operates as Federal Warranty Service Corporation, Sureway, Inc., and United Service Protection, Inc. Assurant Solutions is part of Assurant, Inc. (NYSE: AIZ), and its extended service contacts are backed by an Assurant insurance subsidiary rated A "Excellent" by A.M. Best Co.
Thank you! I guess i didnt look hard enough :wink2:
"Finfangirl wrote:
Thank you! I guess i didnt look hard enough :wink2:
Just an FYI, with future purchases you can probably find 3rd party warranties cheaper than what the big box stores offer that are just as good coverage-wise.
2017 Dream Draft (3/17 – NFLDraftScout ~ Rankings used)
22. Zach Cunningham, LB, Vandy
54. Desmond King, S/DB, Iowa
97. Demarcus Walker, DE, FSU
166. Jermaine Eluemunor, OL, TAMU
178. George Kittle, TE, Iowa
184. Charles Walker, DT, Oklahoma
223. Aviante Collins, OL, TCU
Well, just like Mervyn's, Circuit City is hiring for Sign holders and packers for the store.
Try my luck there.


Calm Like A Bomb!!!.....:freestyle:
Props to GISH for my avy and badges!
2012-2013 NBA CHAMPIONS MIAMI HEAT!!!
"Stitches wrote:
Just an FYI, with future purchases you can probably find 3rd party warranties cheaper than what the big box stores offer that are just as good coverage-wise.
thanks i usually go with 3rd party - but CC was having a special, if i took their warranty which was only like 54 bucks on a 42 inch LCD 1080p, i could get a home entertainment system. So i did!
http://tech.yahoo.com/blogs/patterson/34216
In a nutshell: Extended warranties are, indeed, managed by an outside vendor, and will be honored even after Circuit City has given up the ghost.
Also: Circuit City gift cards will be honored during the big liquidation sale. Once the sales are over, though, unused gift cards will be useless, so make sure to cash them in now.

Rest in peace bigbry and dolphin debby!
yeah i might be stopping by the local store.
"A man's suffering is similar to the behavior of gas. If a certain quantity of gas is pumped into an empty chamber, it will fill the chamber completely and evenly, no matter how big the chamber. Thus, suffering completely fills the human soul and conscious mind, no matter whether the suffering great or little. Therefore, the "size" of human suffering is absolutely relative." - Viktor Frankl
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