How much for that TV?

11.10.2008 by André Natta · → 2 Comments

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That could be one of many questions asked by customers that choose to visit Circuit City locations in Birmingham and nationwide as the electronics retailer announced that it was filing for Chapter 11 bankruptcy protection earlier this morning. The publicly traded company once traded for $8.54 – its current value at the time of this post was $0.11 and they’d just announced last week that they would be closing 20% of their stores, including one that recently opened in Trussville. Reports had been suggesting that it would be bankruptcy or closings, but not both. The company will stay open and they still have a location in Hoover during their current reorganization, easily accessible for the upcoming holiday shopping season.

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Filed under: Business

2 comments
Bhamdining
Bhamdining

I quit going to Circuit City when they decided they were going to be a Best Buy clone. I hate trying to buy anything at Best Buy; the place is so loud I can't hear myself think (much less actually evaluate how different speakers' sound compares), the stocking is atrocious, and you can't find anyone to help you to save your life. Used to be you could go to Circuit City and actually get service, with plenty of anxious salespeople to help explain the differences between models. (OK, sometimes they were too anxious, but it beats no one to answer your questions at all.) There was a special room where you could put in your favorite CD and try different speakers. Now the only way to get that kind of service is to go somewhere terribly expensive and usually snooty.

Bhamdining
Bhamdining

I quit going to Circuit City when they decided they were going to be a Best Buy clone. I hate trying to buy anything at Best Buy; the place is so loud I can't hear myself think (much less actually evaluate how different speakers' sound compares), the stocking is atrocious, and you can't find anyone to help you to save your life. Used to be you could go to Circuit City and actually get service, with plenty of anxious salespeople to help explain the differences between models. (OK, sometimes they were too anxious, but it beats no one to answer your questions at all.) There was a special room where you could put in your favorite CD and try different speakers. Now the only way to get that kind of service is to go somewhere terribly expensive and usually snooty.