kenstrac
Platinum Member, RIP
Well yet another company is closing it's doors Whats next.
Circuit City bites the dust
- Thread starter kenstrac
- Start date
dooleysm
Platinum Member
Hopefully Home Depot.
Though you may not agree if your inlaws don't own an independent direct competitor.
Though you may not agree if your inlaws don't own an independent direct competitor.
Scooby074
Super Member
Too bad about CC. 34000 jobs gone. I thought that with the earlier store closings they were going to make it. I hope that The Source (CC in canada) doesnt follow suit.
JB4310
Super Member
Yeah that's a huge hit, don't know if they are out of work today?
We have one in our town with a Best Buy across the street, I'm surprised those 2 stores always have cars in the parking lots.
Just watching the news, 45,000 jobs lost so far today, it's only 2:15 pm est.
We have one in our town with a Best Buy across the street, I'm surprised those 2 stores always have cars in the parking lots.
Just watching the news, 45,000 jobs lost so far today, it's only 2:15 pm est.
scott_vt
Super Member
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Good Afternoon Shawn,
Good one, thanks for the chuckle !
Its actually not so funny but you need to try and find some humor in this rotten economy if you can !
OP
kenstrac
Platinum Member, RIP
Well who is to blame?
The banks that lent money to people that could not afford it.the credit card companies that allowed people to much of a high limit when they did not have 2 nickles to rub together in the best of times.
The real estate co that got the market hyped up and overpriced the real estate.
The auto mfg. and dealers that marketed cars and trucks with options and accessories that you don't want or need.
Companies that mfg goods here that sold for $5 ,moved mfg to China and sold an inferior product For the same $5 .
Lawyers that bring forward frivolous lawsuits.
Radio and TV. ads that promote the use of prescription drugs and non prescription drugs and don't report unbiased news anymore just there views.
Is it the politicians I don't trust anymore.
Or is it all of the above?
The banks that lent money to people that could not afford it.the credit card companies that allowed people to much of a high limit when they did not have 2 nickles to rub together in the best of times.
The real estate co that got the market hyped up and overpriced the real estate.
The auto mfg. and dealers that marketed cars and trucks with options and accessories that you don't want or need.
Companies that mfg goods here that sold for $5 ,moved mfg to China and sold an inferior product For the same $5 .
Lawyers that bring forward frivolous lawsuits.
Radio and TV. ads that promote the use of prescription drugs and non prescription drugs and don't report unbiased news anymore just there views.
Is it the politicians I don't trust anymore.
Or is it all of the above?
scott_vt
Super Member
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- 6,789
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- east wells,vt
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- 1986 MF 1040, 1942 Farmall A, 1949 Farmall Super A
SnowRidge
Elite Member
Circuit City's management, whose business model could not compete with the blue and yellow horror or Amazon.
The going out of business sale starts tomorrow.
Last edited:
ultrarunner
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My Brother does commercial ground leases for shopping centers...
A few years back, he had Circuit City and Best Buy competing for the same retail pad... He went with Circuit City because of its strong financial position and Best Buy was much weaker.
"His" Circuit City stores (the ones he leases to) are profitable... but, a few profitable stores can't stay open when corporate can't bring in the inventory.
My, how times change.
A few years back, he had Circuit City and Best Buy competing for the same retail pad... He went with Circuit City because of its strong financial position and Best Buy was much weaker.
"His" Circuit City stores (the ones he leases to) are profitable... but, a few profitable stores can't stay open when corporate can't bring in the inventory.
My, how times change.
