Circuit City files for bankruptcy

[swtrader]

Quote from S2007S:

IF this comes to a surprise to anyone you have to be an idiot. This was going to happen eventually, there are plenty more retailers that are going to file bankruptcy.


Here is my comment from 2006:

S2007S


Registered: Aug 2006
Posts: 7536


12-19-06 03:56 PM

circuit city will be lucky to be around in 5 years. Ever shop at on of their stores. I dont know how they survive, everytime I walk into a CC I feel like its me and the employees.

CDs and DVDs are a thing of the past that no retailer can rely on, sales of big screeen tvs which are still doing well I think will eventually slow down. CC will eventually be bought out or end up closing up.

WOW!

only 7500 posts, and one of your preditctions came true

you must be a reincarnation of Nostrdomus

 

[GermanTrader]

Quote from Mav88:

remember when they fired all their knowledgable sales staff?

Yes, I do. Ask someone in computers now about wifi and they think you want the stereo department.

 

[poyayan]

I am surprise that Circuit City is not "too big to fail" and warrant a bailout. Isn't that the standard procedure before you go BK?

Got to pay those lobbyists!

 

[canuckrookie]

Quote from poyayan:

I am surprise that Circuit City is not "too big to fail" and warrant a bailout. Isn't that the standard procedure before you go BK?

Got to pay those lobbyists!

...With big screen tv's.