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Entries in 'Circuit City' (23)

Systemax snags Circuit City

Systemax snags Circuit City

NEWS

Systemax is set to acquire the Circuit City online business and intellectual property, after it won the blind auction for the assets of the failed US retailer according to Reuters ...

by Ben Furfie
on May 13th 2009 at 1:00PM
Systemax buys Circuit City brand and assets

Systemax buys Circuit City brand and assets

NEWS

Systemax is poised to purchase several assets of the failed US consumer electronics retailer Circuit City, in a deal thought to be worth an estimated $6.5bn (£4.5bn).

by Ben Furfie
on Apr 14th 2009 at 9:32AM
Circuit City shuts down completely

Circuit City shuts down completely

NEWS Circuit City closed the last of its 567 stores yesterday, putting an end to the firm’s retail operation in the US.

Andrew Wooden
by Andrew Wooden
on Mar 9th 2009 at 1:26PM
Circuit City to close all 567 stores

Circuit City to close all 567 stores

NEWS Circuit City has become the latest victim of the credit crunch after the board of directors announced plans to petition the US Bankruptcy Court for permission to begin liquidating the ...
by Ben Furfie
on Jan 16th 2009 at 5:00PM
Circuit City auctioned off today

Circuit City auctioned off today

NEWS The two-day process of auctioning off embattled electronics retail chain Circuit City has begun today.

Andrew Wooden
by Andrew Wooden
on Jan 14th 2009 at 1:06PM
Circuit City receives interest from shareholder

Circuit City receives interest from shareholder

NEWS Circuit City is reportedly in discussions with two "highly motivated and interested parties", who are interested in keeping the ailing US consumer electronics retailer afloat according to Reuters.

by Ben Furfie
on Jan 12th 2009 at 11:15AM
Circuit City files for bankruptcy protection

Circuit City files for bankruptcy protection

NEWS Circuit City has filed for Chapter 11 bankruptcy protection, but the firm has promised to continue trading over the Christmas period with the assistance of a $1.1 billion debtor-in-possession revolving ...
by Ben Furfie
on Nov 10th 2008 at 2:46PM
Circuit City to close 155 stores

Circuit City to close 155 stores

NEWS With a share price that has dropped by 90 per cent since the beginning of the year, Circuit City has announced that it is to close 155 of its 711 ...
Matt Grainger
by Matt Grainger
on Nov 4th 2008 at 12:05PM
CE retail expresses concern over Circuit City

CE retail expresses concern over Circuit City

NEWS US consumer electronics retailers and distributors have expressed concerns over the impact the collapse of Circuit City could have on the market.

by Ben Furfie
on Oct 29th 2008 at 11:31AM
Circuit City may shut 150 stores

Circuit City may shut 150 stores

NEWS Circuit City is preparing for the possibility that it may be forced to shut at least 150 of its 712 stores and cut thousands of jobs in order to avoid ...
by Ben Furfie
on Oct 21st 2008 at 12:45PM
Circuit City standardises multi-channel prices

Circuit City standardises multi-channel prices

NEWS Circuit City has vowed to change its pricing regime so that its prices are the same across all channels, whether a product is sold in store, online or over the ...
by Ben Furfie
on Oct 16th 2008 at 10:51AM
Analyst: Circuit City will go bankrupt

Analyst: Circuit City will go bankrupt

NEWS Circuit City will enter Chapter 11 bankruptcy protection by as early as the first quarter of 2009 – and is unlikely to recover – according to research analyst at KeyBanc ...
by Ben Furfie
on Oct 14th 2008 at 12:18PM
Circuit City sees losses increase

Circuit City sees losses increase

NEWS Circuit City has said that it will dramatically scale back plans to open new stores after announcing a $239m second quarter net loss, a substantial increase from the $62.8m loss ...
by Ben Furfie
on Sep 30th 2008 at 12:28PM
Circuit City dumps CEO

Circuit City dumps CEO

NEWS Philip Schoonover, the chairman, president and chief executive of Circuit City has announced his intention to resign.

by Ben Furfie
on Sep 24th 2008 at 10:50AM
Circuit City accused of selling faulty laptops

Circuit City accused of selling faulty laptops

NEWS Reports have emerged that Circuit City is charging $40 to repair laptops it allegedly acknowledges are faulty at the point of retail.

by Ben Furfie
on Aug 26th 2008 at 11:09AM
Microsoft: 'No UK plans for Equipt yet'

Microsoft: 'No UK plans for Equipt yet'

NEWS Microsoft has revealed that it currently has no plans to launch Equipt in the UK, but it is monitoring the situation and may change its mind in the near future.

by Ben Furfie
on Jul 8th 2008 at 11:47AM
Microsoft launches Equipt

Microsoft launches Equipt

NEWS Microsoft has teamed up with US retailer Circuit City to launch its first foray into consumer SaaS with the release of Equipt.

by Ben Furfie
on Jul 3rd 2008 at 12:30PM
Blockbuster abandons $1bn bid for Circuit City

Blockbuster abandons $1bn bid for Circuit City

NEWS Blockbuster has dropped its bid to buy US electronics retail giant Circuit City.

by Ben Furfie
on Jul 2nd 2008 at 11:55AM
Circuit City opens second NY store

Circuit City opens second NY store

NEWS Circuit City has continued the rollout of its smaller format 'The City' stores, with the retailer opening its second outlet in Manhattan this week.

by Ben Furfie
on Jun 27th 2008 at 12:26PM
Circuit City losses deepen

Circuit City losses deepen

NEWS Circuit City has warned of further sales drops in the second quarter after it announced that they had dropped more than 11 per cent during the first quarter.

by Ben Furfie
on Jun 20th 2008 at 12:49PM