LAist: Circuit City Files for Chapter 11; Still Open for Holiday Sales

jmanley

Mon, 10 Nov 2008 19:23:30 -0800

Let's not lose sight of the fact that Circuit City has been getting hammered for years. Best Buy offers better pricing, selection and service in a physical store and Internet stores offer infinite selection and better prices. This is just another example of a bad company that can't survive a downturn. jmanley

Ross A. Lincoln

Mon, 10 Nov 2008 18:02:54 -0800

I refuse to shop at Circuit City and I sincerely hope this is their end. This is just desserts after the horrible way they've treated their workers. Or have we forgotten that they fired 3000 of their highest paid workers so they could hire a bunch of cheapo ones? And lest the pro market parasitism trolls out their think they have something intelligent to say, that's "highest paid" for in-store help. They certainly didn't fire anyone at the executive or management level. Frankly, the bad PR combined with the shitty customer service they got from the low pay idiots they hired just sealed their fate. Sadly, unlike actual people fucked by the horrible 2005 bankruptcy bill (Which Obama opposed but sadly, Biden supported,) Circuit city can "restructure" and get plenty of debt forgiveness. The rest of us? Better hope you don't get cancer.

Colfax

Mon, 10 Nov 2008 17:04:38 -0800

Chapter 11 is reorganization. Chapter 7 is bankruptcy which would result in these "fire sales" you're clamoring for. "we're having a FIRE (sale). OMG it's a crazy FIRE (sale)." - Tobias

sqwigeebo

Mon, 10 Nov 2008 16:14:03 -0800

From what i'm reading and seeing, the liquidators at the closing stores are raising the prices and the non-closing stores are marking off.

pinoy

Mon, 10 Nov 2008 15:27:20 -0800

Maybe wait till the final weeks for those markups to go up, especially inventories not needed for their online store.

jerzyflix

Mon, 10 Nov 2008 15:17:25 -0800

Seriously, when are these deep discounts gonna start?? I called one of the stores closing & was told they were only give 10% on HD tv's - not really a draw there. 20% on dvd's, 20% car audio & i can't remeber what the 30% off was for (i think it was for cameras)

soledadenmasa

Mon, 10 Nov 2008 15:09:29 -0800

NO!! Not the Compton store!

caliking01

Mon, 10 Nov 2008 14:05:04 -0800

SO when do these sales start?

phdiaz

Mon, 10 Nov 2008 12:38:18 -0800

I love Circuit City - F* Best Buy. CC always gave me good customer service - with the exception of the door guy. I refuse to allow them to inspect my personal belongings-once you've paid for it, it is yours, consider it a bag or purse, who are they to look at your personal belongings. After several heated arguments the first few times they implemented this "security" measure, they know I don't stop so they don't even bother to ask me - unless it's a new person, in which case I ignore them and they don't chase after me anyways. CC has great prices and has better warranty service - except the warranty itself is more expensive, which is the reason I didn't buy my tv there last week, I wound having to go down the street to BB and buy it from those bastards. Paying a little extra is fine by me for the service, but I'm capped at $20, for the tv i wound up buying - the warranty would've cost $179 more - and they already knocked off a few hundred to match BB, so they couldn't do anything for warranty.

pinoy

Mon, 10 Nov 2008 12:37:13 -0800

CompUSA avoided Chapter 11, but the stores in California closed long time ago. I would put Best Buy with bad customer service also, but I didn't care either way since I price match between the two stores.

RyZiggity

Mon, 10 Nov 2008 12:01:14 -0800

don't blame the economy for this one. blame poor customer service. when customers get lousy treatment, even a corporate giant can go under. i never met a circuit city i didn't like. maybe CompUSA will be next!