Circuit City is Closing, Liquidating

"Have any posters in this thread bought televisions within the last three years?"

On a more serious note and significantly smaller monetary scale, yes, I bought two TVs from CC. One 50" Plasma 2 years ago and a 52" LCD this past Thanksgiving. Both purchased online from CC. Everything went great: price, delivery, old haul-away. No issues at all with either set. My family loves them (I rarely watch either).

IT hard for me to have any sympathy for Circuit City.

For many years, they have been a poster-child of the mediocrity that plagues so many things these days from what I saw. I don't think they were that way when they started.

Circuit City was a "quieter" atmasphere overall (if that's any consolation)

I can't even think straight entering Best Buy with boom-box-rap-crap blasting and kids SCREAMING over the PA system.

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

Hardly anyone working in our local Circuit City was supporting a household. They were mostly high school kids. So, in that sense, the 34,000 jobs might not have meant much to the overall economy. Those were lost when they replaced their staff a couple of years ago.

I think we would be better off if we prevented companies from getting too big to fail. Circuit City, like many before them, got too large to manage successfully. Like our overall economy, they were too dependent on momentum. And like a bicycle, they became very unstable without momentum.