The Gun Of Bavaria Posted January 16, 2009 Share Posted January 16, 2009 AWESOME. Circuit City Sucked Ass anyways. Circuit City to liquidate remaining US stores Circuit City and liquidators to sell off merchandise in remaining 567 US stores Circuit City Stores Inc., the nation's second-biggest consumer electronics retailer, reached an agreement with liquidators on Friday to sell the merchandise in its 567 U.S. stores after failing to find a buyer or a refinancing deal. The company, which employs more than 30,000 employees, said in court papers it has appointed Great American Group LLC, Hudson Capital Partners LLC, SB Capital Group LLC and Tiger Capital Group LLC as liquidators. Calls to the Richmond, Va.-based company and the liquidators were not immediately returned. Circuit City filed for Chapter 11 bankruptcy protection in November as vendors started to restrict the flow of merchandise ahead of the busy holiday shopping season. It had been exploring strategic alternatives since May, when it opened its books to Blockbuster Inc. The Dallas-based movie-rental chain made a takeover bid of more than $1 billion with plans to create a 9,300-store chain to sell electronic gadgets and rent movies and games. Blockbuster withdrew the bid in July because of market conditions. Circuit City, which said it had $3.4 billion in assets and $2.32 billion in liabilities as of Aug. 31, said in its initial filings that it planned to emerge from court protection in the first half of this year. Under court protection, Circuit City has broken 150 leases at locations where it no longer operates stores. The company already closed 155 stores in the U.S. in November and December. U.S. Bankruptcy Judge Kevin Huennekens had given the company permission to liquidate if a buyout was not achieved. Link to comment Share on other sites More sharing options...
Jets Babe Posted January 16, 2009 Share Posted January 16, 2009 there's one still open in orlando....hell yes. i'm gonna go shopping today. Link to comment Share on other sites More sharing options...
Jets Babe Posted January 16, 2009 Share Posted January 16, 2009 LOL at this... http://www.circuitcity.com/ccd/categorySpecial.do?catOid=-17125&N=20014681+20017125&intcid=ValProp2 Link to comment Share on other sites More sharing options...
afosomf Posted January 16, 2009 Share Posted January 16, 2009 there's one still open in orlando....hell yes. i'm gonna go shopping today. will vcash work??? Link to comment Share on other sites More sharing options...
Jets Babe Posted January 16, 2009 Share Posted January 16, 2009 will vcash work??? hm, no....but my financial aid did post today!!!! woohoo! Link to comment Share on other sites More sharing options...
Fishooked Posted January 16, 2009 Share Posted January 16, 2009 Dammit....they closed one near my work, but at the time they were only closing select locations, so the deals weren't that great, since they simply moved a lot of their stock to other locations... Now I need to find some remaining stores... Link to comment Share on other sites More sharing options...
The Gun Of Bavaria Posted January 16, 2009 Author Share Posted January 16, 2009 hm, no....but my financial aid did post today!!!! woohoo! Great to see more of my federal tax dollars being pissed away. Link to comment Share on other sites More sharing options...
Jets Babe Posted January 16, 2009 Share Posted January 16, 2009 Great to see more of my federal tax dollars being pissed away. bright futures (pays for 100% tuition) is funded by the florida lottery. on top of that, i get UCF academic grants...which are great because they help me out with books and rent. but i do get leftover money... hey, at least i earned it...i'm not completely pissing away your tax dollars. Link to comment Share on other sites More sharing options...
faba Posted January 16, 2009 Share Posted January 16, 2009 A couple of years ago they let go their best and most experienced employees - the worst move they could have made in a customer service move. Link to comment Share on other sites More sharing options...
The Gun Of Bavaria Posted January 16, 2009 Author Share Posted January 16, 2009 bright futures (pays for 100% tuition) is funded by the florida lottery. on top of that, i get UCF academic grants...which are great because they help me out with books and rent. but i do get leftover money... hey, at least i earned it...i'm not completely pissing away your tax dollars. LOL just giving you a rash of crap. My brother went to FSU after HS in Boca and got his school paid for by the same scholarship. We here in Michigan would LOVE to have someone from Florida show the idiots in our state government that scholarship system. Our state "claims" all the lottery money goes to the schools, yet mysteriously, 0 of it translates into any type of college scholarships or tuition assistance. Another shining reason why the State of Michigan is an absolute cess pool. Link to comment Share on other sites More sharing options...
Jets Babe Posted January 16, 2009 Share Posted January 16, 2009 LOL just giving you a rash of crap. My brother went to FSU after HS in Boca and got his school paid for by the same scholarship. We here in Michigan would LOVE to have someone from Florida show the idiots in our state government that scholarship system. Our state "claims" all the lottery money goes to the schools, yet mysteriously, 0 of it translates into any type of college scholarships or tuition assistance. Another shining reason why the State of Michigan is an absolute cess pool. haha, i have to say...as much as people think the florida educational system sucks, our scholarship system kicks ass. Link to comment Share on other sites More sharing options...
The Gun Of Bavaria Posted January 16, 2009 Author Share Posted January 16, 2009 haha, i have to say...as much as people think the florida educational system sucks, our scholarship system kicks ass. My brother slipped through the cracks somehow, but hey, crap happens. Link to comment Share on other sites More sharing options...
Garb Posted January 16, 2009 Share Posted January 16, 2009 haha, i have to say...as much as people think the florida educational system sucks, our scholarship system kicks ass. So what your saying is that dumb people can get educational scholarships in FLA? I know nothing about scholarship money. I received a scholarship upon graduating from hs. I was not smart enough, poor enough or savvy enough to get another - ever. If the FLA system is that progressive - good for them! Investing in the future is a good idea. I think every state should take notice. I agree GOB. Link to comment Share on other sites More sharing options...
The Gun Of Bavaria Posted January 16, 2009 Author Share Posted January 16, 2009 Or get a 4 year Army ROTC Scholarship like I did , spend the 4 years following college graduation as a Lieutentant on Active Duty, and see wonderful places around the world like Bosnia and Kosovo. Link to comment Share on other sites More sharing options...
Jets Voice of Reason Posted January 16, 2009 Share Posted January 16, 2009 Dammit....they closed one near my work, but at the time they were only closing select locations, so the deals weren't that great, since they simply moved a lot of their stock to other locations... Now I need to find some remaining stores... Let me know if you have any luck. The online store still has the same prices. Link to comment Share on other sites More sharing options...
afosomf Posted January 16, 2009 Share Posted January 16, 2009 Or get a 4 year Army ROTC Scholarship like I did , spend the 4 years following college graduation as a Lieutentant on Active Duty, and see wonderful places around the world like Bosnia and Kosovo. Heh I bet the booze was cheap though:D Link to comment Share on other sites More sharing options...
The Gun Of Bavaria Posted January 16, 2009 Author Share Posted January 16, 2009 Heh I bet the booze was cheap though:D We weren't allowed to drink booze in Bosnia or Kosovo, so with the exception of a R&R trip to Budapest, Hungary and a few trips to the ISB in Taszar, Hungary, it was a dry 7 1/2 months in Bosnia. As for Germany, back in the golden days of $1 to DM 1.70, it was the grandest of times. Link to comment Share on other sites More sharing options...
faba Posted January 16, 2009 Share Posted January 16, 2009 Hey Max I think we can expect to lose the account for Circuit City advertising on our banner overhead. Link to comment Share on other sites More sharing options...
JohnnyHector Posted January 16, 2009 Share Posted January 16, 2009 Hey Max I think we can expect to lose the account for Circuit City advertising on our banner overhead. ...that may be the death knell for the free search feature. Link to comment Share on other sites More sharing options...
The Gun Of Bavaria Posted January 16, 2009 Author Share Posted January 16, 2009 ...that may be the death knell for the free search feature. JH, send me $55 and I'll make sure it stays free for ya. Link to comment Share on other sites More sharing options...
JohnnyHector Posted January 16, 2009 Share Posted January 16, 2009 JH, send me $55 and I'll make sure it stays free for ya. This gives new meaning to the terms "stimulus" and "package" in the JN mod vernacular. Link to comment Share on other sites More sharing options...
The Gun Of Bavaria Posted January 16, 2009 Author Share Posted January 16, 2009 This gives new meaning to the terms "stimulus" and "package" in the JN mod vernacular. Don't say "package" too loud around here, Sperm will come calling in his banana hammock. Link to comment Share on other sites More sharing options...
joebabyny Posted January 16, 2009 Share Posted January 16, 2009 there's one still open in orlando....hell yes. i'm gonna go shopping today. Actually, the word is all sales currently going on are to be stopped and prices will be jacked back to msrp, which would be a LOT MORE than the street price you would find at best buy or other electronics stores. As of right now there will be no deals. I am sure they will hire a firm that specializes in liquidations, don't expect to see huge deals until the scraps right at the very end. Link to comment Share on other sites More sharing options...
Jets Babe Posted January 16, 2009 Share Posted January 16, 2009 Actually, the word is all sales currently going on are to be stopped and prices will be jacked back to msrp, which would be a LOT MORE than the street price you would find at best buy or other electronics stores. As of right now there will be no deals. I am sure they will hire a firm that specializes in liquidations, don't expect to see huge deals until the scraps right at the very end. aw man, that blows. never mind. Link to comment Share on other sites More sharing options...
joebabyny Posted January 16, 2009 Share Posted January 16, 2009 aw man, that blows. never mind. yup, take your money and buy mcribs instead. yummmmmm Link to comment Share on other sites More sharing options...
war ensemble Posted January 16, 2009 Share Posted January 16, 2009 Actually, the word is all sales currently going on are to be stopped and prices will be jacked back to msrp, which would be a LOT MORE than the street price you would find at best buy or other electronics stores. As of right now there will be no deals. I am sure they will hire a firm that specializes in liquidations, don't expect to see huge deals until the scraps right at the very end. They have three liquidizing firms chosen already, so yeah, the sales aren't going to be anything notable. Link to comment Share on other sites More sharing options...
The Gun Of Bavaria Posted January 16, 2009 Author Share Posted January 16, 2009 yup, take your money and buy mcribs instead. yummmmmm Link to comment Share on other sites More sharing options...
afosomf Posted January 16, 2009 Share Posted January 16, 2009 Morceau de merde Link to comment Share on other sites More sharing options...
Jet Moses Posted January 16, 2009 Share Posted January 16, 2009 LOL just giving you a rash of crap. My brother went to FSU after HS in Boca and got his school paid for by the same scholarship. We here in Michigan would LOVE to have someone from Florida show the idiots in our state government that scholarship system. Our state "claims" all the lottery money goes to the schools, yet mysteriously, 0 of it translates into any type of college scholarships or tuition assistance. Another shining reason why the State of Michigan is an absolute cess pool. This should cheer you up: http://finance.yahoo.com/news/Chrysler-Financial-gets-15B-apf-14085183.html Link to comment Share on other sites More sharing options...
Fishooked Posted January 16, 2009 Share Posted January 16, 2009 Actually, the word is all sales currently going on are to be stopped and prices will be jacked back to msrp, which would be a LOT MORE than the street price you would find at best buy or other electronics stores. As of right now there will be no deals. I am sure they will hire a firm that specializes in liquidations, don't expect to see huge deals until the scraps right at the very end. That's pretty much what happened with the store near me. When it reaches the 50% off or lower you're really in the dregs of the merchandise. Link to comment Share on other sites More sharing options...
rillo Posted January 16, 2009 Share Posted January 16, 2009 Actually, the word is all sales currently going on are to be stopped and prices will be jacked back to msrp, which would be a LOT MORE than the street price you would find at best buy or other electronics stores. As of right now there will be no deals. I am sure they will hire a firm that specializes in liquidations, don't expect to see huge deals until the scraps right at the very end. Not surprising.... Link to comment Share on other sites More sharing options...
RutgersJetFan Posted January 16, 2009 Share Posted January 16, 2009 I feel sorry for the workers, but honestly, this is one company that I'm happy as hell for the fact that they've gone out of business. I've bought items from them in several states, and every time I've recieved the same level of sh-tty customer service. The worst, really. Perhaps if they kept their stores organized and actually demanded that their employees deal with customers properly, they'd be able to stay afloat like other retailers are. F-ck Circuit City. Don't let the door hit you on the way out. Link to comment Share on other sites More sharing options...
Scott Dierking Posted January 16, 2009 Share Posted January 16, 2009 Cool. I have about 5 flat screens,an audio system, surround speakers and outdoor speakers I need to buy in the next month. I will go deal hunting. Link to comment Share on other sites More sharing options...
Jets Voice of Reason Posted January 16, 2009 Share Posted January 16, 2009 I feel sorry for the workers, but honestly, this is one company that I'm happy as hell for the fact that they've gone out of business. I've bought items from them in several states, and every time I've recieved the same level of sh-tty customer service. The worst, really. Perhaps if they kept their stores organized and actually demanded that their employees deal with customers properly, they'd be able to stay afloat like other retailers are. F-ck Circuit City. Don't let the door hit you on the way out. Poor customer service and high prices. It's not like this is a surprising development, they were a very poorly run business that deserved to fail. Link to comment Share on other sites More sharing options...
Bugeater Posted January 17, 2009 Share Posted January 17, 2009 I remember back when they tried to break into the Omaha market, they decided to open their first store right across the street from the biggest furniture/electronics retailer in the midwest, I don't think they even lasted a year and they were gone. Link to comment Share on other sites More sharing options...
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