Circuit city who owns

Jan 10, Related Content. Circuit City still searching North Texas for first store site; no. Circuit City to relaunch, will rely heavily on online sales. On Monday, Shmoel told the publication that "major retailers" have expressed interest in working with Circuit City to open stores within their stores.

To be sure, as it re-emerges Circuit City will face heightened competition in the electronics category from the likes of Best Buy , Amazon , Target and Walmart. Skip Navigation. Losses continued. In February , Radio Shack filed for bankruptcy. Standard General acquired the assets and formed a new company, General Wireless Operation. But this new entity filed for bankruptcy in March The company engaged in the liquidation of most assets and all but 20 corporate stores were gone by June.

Radio Shack dealerships had re-opened around stores as of Currently the Radio Shack website seems viable, offering online product and shows hundreds of store locations on a US map, mainly in smaller towns and cities. Circuit City Circuit City, arguably, was the first major electronics superstore chain with over stores at its peak. But strong competition from Best Buy, outdated stores, and abandoning the appliance business led to declining sales.

Circuit City announced in January that it was going out of business and liquidating stores. The final day of operation was March 8, Systemax bought the Circuit City name, trademarks, and e-commerce website at auction out of bankruptcy.

While the potential resolution of that dispute is not expected to result in additional money for creditors materially, the trust said it is holding the Circuit City estate open until it is decided whether the Supreme Court will hear the case.

That decision is expected in November. The campus is full and now used by Allianz and Elephant Insurance. CC got lucky early on and enjoyed their domination of the market until around At that point it was already doomed.

There were too many different store design to manage in a cost effective way and they treated their sales people poorly when sales dipped.

I worked there for a while in the late 90s. Mostly I learned how … Read more ».