What happened to Circuit City Stores?
In November 2008, the 59-year-old company filed for bankruptcy. Within months, it closed its stores and liquidat- ed more than $1 billion worth of merchandise, and on March 8, 2009, the last Circuit City store turned off its lights for good.
Is Circuit City still in business 2022?
Circuit City would like to thank all of the customers who have shopped with us over the past 60 years. Unfortunately, we announced on January 16, 2009, that we are going out of business.
Who were Circuit City competitors?
Circuit City Competitors
Startup | Industry |
---|---|
Scentbird | – |
Gonoise.com | Retail |
Olist | Retail |
Zoutons.com | – |
Does Circuit City have a store in NYC?
The company also returned to New York City opening a 40,000 sq ft (3,700 m 2) superstore in Union Square, the first of two planned Manhattan locations. In late 1988, Circuit City had an opportunity to purchase Best Buy, a growing competitor at the time, for US$30 million.
When did Circuit City start selling products online?
In July 1999, meantime, Circuit City launched its e-commerce web site, which allowed customers to order products online for both delivery and store pickup; customers could also return online-purchased items at the nearest store. In June 2000 W. Alan McCollough was promoted from president and COO of Circuit City to president and CEO.
How many Circuit City Express stores are there?
Circuit City Express. Circuit City Express was a chain of mall-based Circuit City stores with over 55 locations at its peak. The first locations opened in Baltimore, Maryland; Richmond, Virginia; and McLean, Virginia in 1989.
Does Circuit City have a credit card company?
In 2002, Circuit City began offering a co-branded Visa credit card. It sold both of these operations in 2004 to Bank One (now Chase Bank ). Patapsco Designs was acquired by Circuit City in 1987. The company was in charge of designing product displays and other electronic services for Circuit City.