[2ndDivisionVet]

The Domino effect, it seems.

[ilgipper]

I drove through a shopping center with closing Linens and Things and a Circuit City, and it made me further realize that we are in deep, deep trouble right now.

[realdifferent1]

2d:

http://www.freerepublic.com/focus/f-news/2130810/posts

[pissant]

Well, hells bells. Guess we have to go to Walmart and Best Buy to find the chinese made crap.

[E. Cartman]

Doesn’t world’s richest man, Mexican national Carlos Slim, own the majority interest in CC?

[Old Retired Army Guy]

If Circuit City is dependent upon Holiday Sales, it’s curtains. Holiday Sales this year may be the most dismal in 40 or 50 years.

[TSgt]

Do what Cincinnati might do and turn them into police stations! Great locations for Obama’s new “security forces.”

Police May Take Over Vacant Circuit City Building
http://www.local12.com/news/local/story.aspx?content_id=db2e33d5-df9f-43d0-8ce4-7f0e6ad88867&rss=30

[randog]

Big deal; this happens even if an anchor store moves to a better location in town, which happens quite often in my town. My problem is that it creates blight—the unused building with “acres of free parking” become a magnet for bums and other undesirables and consumes acres of real estate that could be used for better use.

[UCFRoadWarrior]

The company that owns several malls in the Orlando area is near bankruptcy..and they have zero Circuit City stores...

The CC bankruptcy will put more shopping center/mall owners under

[Petronski]

...it “remains to be seen” if they will get through the next year...

Must be insiderspeak for "no way in hell."

[gieriscm]

Best Buy is also indicating that it's having trouble, though not nearly to the extent of CC.

[Red Badger]

Bailout for the landlords!.........

[Paleo Conservative]

My local Circuit City is right next door to Linens-N-Things. Looks like there will be plenty of contiguous retail space available.

[I see my hands]

Good, it's the lazy greedy povs who are reaping what they've sown. Spread the wealth? Dopes, you don't get any.

The reason the Govt. should be passing out the bailout bucks is because the bucks were stolen from the corporations to begin with. The corporations should distribute the money to the execs and then fold up shop.

[chimera]

Spread the word...

Obama's fault.

[Scarchin]

Circuit City is WAY down the list when I’m shopping for electronics etc.

Free markets work.

[sanchmo]

The mall owners should convert bank holding companies, and get in line for the free govmt cheese.

[misterrob]

Who really needs another place to buy consumer electronics? There’s Best Buy, Wal-mart, Costco, Sam’s Club, Radio Shack, tons of local/regional centers and internet retailers.

[mvpel]

They just built a brand new Circuit City in Amherst, NH. It hasn't even been open a year yet. It's so new it doesn't even show up on Google Street View, which came through southern NH during early 2007.

Here's the Google Maps view of what's now a shopping plaza anchored by Circuit City.

Bummer.

[bamahead]

Consumer advocate Clark Howard was discussing yesterday the impact of CC's decision a year ago to layoff all experience employees and hire minimum wage workers as a big step toward their downfall.

http://clarkhoward.com/liveweb/shownotes/2008/11/04/14384/

Nov 04, 2008 -- Circuit City decision to let employees go costs them big Going back to May 2007, Clark went berserk about the Circuit City CEO who decided to fire experienced employees and managers in order to cut costs. Clark was outraged at the inhumane way the company treated loyal longtime employees.

It didn't take an analyst to see what the result of the move would be: Customers walked when they couldn't get any decent help in the stores. Now Circuit City is barely alive and Clark doesn't see how they'll get out of this jam. After all, many suppliers aren't shipping merchandise to them anymore -- because they know the company is on its last leg.

Retail is entirely self-cleansing. If you don't meet the needs of your customers, you cease to exist. Circuit City is simply getting what it deserves.

Remember, you're nothing without your employees. Businesses have to romance their workers, so that their workers will romance the customers. Managers should use specific individualized positive reinforcement when dealing with employees. Clark compares it to the process of raising a child; you've got to nurture, encourage, support and discipline that child with specific examples.

[P.O.E.]

Memo to self: Don’t buy any gift cards or long-term service agreements this Christmas.