Circuit City is Closing, Liquidating

Larry,

If you look at the time line , decline in sales and the sudden drop in stock price, it all pivots around the firing of their sales professionals. Tom

The Magnolia in Best Buy here in Louisville is terrible. No one greets you or says HI or nods or gives you any feed back at all. If you gave them a moon shot over their heads they probably wouldn't notice that either. I have escorted my customers in to their store to show them products I could not supply and received no attention at all. Tom

Mapman,Larry everyone else all this goes back to downloadable music and the I-Pod as the new audio reference. Nobody makes money on video.. its the draw that brought new customers into a store. Whether it was lo-fi mid-fi or hi-fi, video drives the market. If a retailer makes 10 to 15% on video thats alot, you need to do 28 to 32 % in profit margin just to keep the doors open. With good sounding cheap crap that fullfills the masses, that may only cost a few hundred dollars instead of a $1000 or more a retailer can not make up that lost profit margin on the total gross sale. Again many peoples reference is an I-Pod anything better than that is a self perceived waste of their money. The audio industry is at the demise by a computer company banking on I-Tune refills. Tom