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Circuit City Seeks Approval To Liquidate U.S. Business
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This is really awful for the company, consumer and the 34,000 employees that go along with that... I guess I will be at Circuit City tomorrow.
Frys is great but all my shopping goes to amazon. 7-9 years ago man I would always hit up Frys cause they had a nice return policy. I bought the House of the Dead game with the 2 guns for Dreamcast, played it for a couple of weeks and Frys took it back with no restocking fee!! SWEET!!
We had the Circuit City here in Jackson, MI close before Christmas. They began with 10-20% off then each week it progressed 5 or 10 percent until it was 80-90% on the final three days.
I went in, pretty much every weekend, and nothing seemed like too great of a deal. By the time the 70+% days came around there was nothing useful left, just stuff that would have ended up on the clearance rack anyway.
The signs always said UP TO NN% off, in the early stages one was hard pressed to find anything actually marked down that much.
It sucks so many people are going to be out of work, I wish them luck.
I went in, pretty much every weekend, and nothing seemed like too great of a deal. By the time the 70+% days came around there was nothing useful left, just stuff that would have ended up on the clearance rack anyway.
The signs always said UP TO NN% off, in the early stages one was hard pressed to find anything actually marked down that much.
It sucks so many people are going to be out of work, I wish them luck.
It's not about the support - it's about the warranty - show me how to fix a laptop screen that has gone bad in year 3 for cheaper than the price of Applecare
Umm....
so whats gonna happen with me becuase my family bought a T.V. from CC just 2 weeks ago and the deal was that we wouldn't have to pay a penny for 36 months with no interest added. Are we still going to have to pay, and if so when/how/to who?
so whats gonna happen with me becuase my family bought a T.V. from CC just 2 weeks ago and the deal was that we wouldn't have to pay a penny for 36 months with no interest added. Are we still going to have to pay, and if so when/how/to who?
I'm sure CC used a national credit card company for these deals. Your deal is with the credit card company, not CC.
If you plan on holding onto your stuff for as long as possible, then a warranty is a good idea.
I, on the other hand, like to change computers often because I like to have the latest tech. For me, a year to year and a half is the maximum I'll hold onto one computer (or any piece of technology for that matter). In that case I only have a few months of out of warranty usage.
I'd rather sell the thing and take a $300 hit, then buy the newest thing I want, rather than spend the $300 on a warranty and use my computer until its horribly out of date (and chances of reselling it to someone else disappear).
If AppleCare offered Accidental Damage Protection, however, then it just may be worth the while (though I bet the price would then go up, and it would again be questionable).
I, on the other hand, like to change computers often because I like to have the latest tech. For me, a year to year and a half is the maximum I'll hold onto one computer (or any piece of technology for that matter). In that case I only have a few months of out of warranty usage.
I'd rather sell the thing and take a $300 hit, then buy the newest thing I want, rather than spend the $300 on a warranty and use my computer until its horribly out of date (and chances of reselling it to someone else disappear).
If AppleCare offered Accidental Damage Protection, however, then it just may be worth the while (though I bet the price would then go up, and it would again be questionable).
Yes, you'll have to pay Chase (at least that's who my Circuit City card is through). I can't say for certain, but I'm pretty sure Chase will have to honor the agreement.
But make sure you read the fine print. Don't believe the salesman that said not a penny for 36 months; the credit card company will almost certainly have a minimum payment (mine was $10 when I bought a TV from them a year and a half ago), and you will need to pay the balance off by the end of the 36 months or all of the backdated interest will be added. Same thing goes if you miss two payments.
I love the plans, since it's a really nice way to buy high end stuff, but don't get bit by the fine print. I'm hoping they still have some of those financing deals this weekend (but I doubt it) so I can pick up a new TV (again)!
Despite specific examples, never getting a protection plan is statistically wise. Companies sell them because the company makes money at it. (It's certainly not primarily to push the product.) The consumers, as a whole, are putting in more money than they're getting. Significantly. So, it's like playing the lottery. Some people win. In fact, I have had a net gain on scratch-off tickets, few though I've acquired (always as gifts). By getting a protection plan, you are gambling, and the odds are quite against you.
That said, some people have such bad luck they can bet on it. A friend of mine routinely has his hard drives dying in his Dell. Like, every few months. And he's not doing anything funny. I've never lost a hard drive in my life.
Just read the FAQ that they've posted on their website (refresh... you may still have the "closed" sign cached). Didn't realize they employed so many people (34,000)
Thank you for pointing this out. Everyone is so excited about deals and very few people see the lives this is affecting. I liked Circuit City and the workers were always very helpful. When I got my 1st computer I did my homework and I knew what I can get with the money I had. The sales guy knew his stuff and was really great.
The 1 thing I didn't like about CC is they didn't have as much as Best Buy. The stores were smaller and stuff like their CD selection wasn't as big.
I really hate seeing this and I feel bad for the workers.
They use Chase Bank
What makes Best Buy so much better than Circuit City that one can survive and the other can barely make it even in a healthy economy? I just don't see a big difference. They're both big, they both sell a lot of electronics, and neither of them employ knowledgeable, helpful employees.
Best Buys is not doing all that well. BUT what Best Buys has is appliances. Appliances is only about 3 to 5 percent markup but it will still pay the bills when the economy takes a hit. EVERYONE needs a fridge, washer, dryer, maybe dishwasher microwave. But when it comes down to ma and paw having to wash and dry clothes/ keep food cold or get that new computer/ Plasma. Well guess what the clothes and cold food win out.
I have been dying to get my hands on a cheap HDMI to DVI cable
EDIT: Ever since christmas it seems like the knew it was coming. A few days after christmas I walked in half the store was cleared out. Last week I went in again none of the employees were wearing uniforms.
EDIT: Ever since christmas it seems like the knew it was coming. A few days after christmas I walked in half the store was cleared out. Last week I went in again none of the employees were wearing uniforms.
Not really.
Rack in as much profits as they can, then liquidate. Regardless of the season, people will always buy if there are retarded discounts.
Great now there is one-less electronics store in my area, and some stupid clothing outfit is going to go up in its place. Well, at least theres still Apple and Best Buy.
I used to work for Circuit City in College.
The sales people did not get commission on products except for warranties and other extended plans. But the percentages were so small that you would have to sell a giant crap load to see it even show up in your paycheck at all.
There policy on shoplifting was "just write down what they stole"
I like Best Buy better but they need some type of competition.
The sales people did not get commission on products except for warranties and other extended plans. But the percentages were so small that you would have to sell a giant crap load to see it even show up in your paycheck at all.
There policy on shoplifting was "just write down what they stole"
I like Best Buy better but they need some type of competition.
BB has plenty of competition. Target and Walmart have beefed up their electronics dept. (probably a big factor in CCs demise) and Staples, Office Depot, etc. sell a lot of the same merchandise. In many markets, you have big regional electronics chains (PC Richard, Fry's). Of course, the Internet is where more and more shopping is moving to.
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.. and Chicago..
Unfortunately, much of the stuff I've bought there were returns or new that were DOA.
I much prefer MicroCenter.
A pitty that there is so few MicroCenters in the eastern US. Lucky for me I live near the one in Vienna, VA
I have been dying to get my hands on a cheap HDMI to DVI cable
EDIT: Ever since christmas it seems like the knew it was coming. A few days after christmas I walked in half the store was cleared out. Last week I went in again none of the employees were wearing uniforms.
If you need a HDMI to DVI cable, go to monoprice (google it)!
Fry's is only an option for the western united states. All we have in the Wash DC for electronics stores now is Best Buy and MicroCenter.
Deserved maybe, Expected yes. I remember in 2000 when i went to work for them they were just starting the whole we are a toy store for adults and sometimes kids, getting rid of the appliances. Well that went over well didn't it. There were some in the industry that said it would kill them, and it did. Then came no commissioned sales staff, right after half the people who actually cared and listened to the customers were laid off fired. It happened shortly after I left and shortly after christmas of 2000. Then I never even bothered to set foot in there again until today. Went buy today just to see the OH SNAP were screwed. You know they actually carried some of the Apple stuff the iMacs as well as the Cube in 2000. But the dog and pony show is over. I just want the building here in town its a nice one. Its on little corner right in front of the sign to the mall and very well located everybody can see it and has good access with a full 18 wheeler capable dock and a full 2 or 3 bay car section in back.
Lets see FFL, inventory and nice 2 car garage. Build a small 2 bedroom studio over the audio shop.