Circuit City pulling out of KCMO and KCK
 

And some states entirely to save money.. 155 stores nation wide closing down..

Good news for you guys, the stores are going liquidation so hellified deals this month and next while they are open..

Bad news is 7000+ plus will be looking for new jobs..

I was mad when they closed their store here a few years ago. I wish we had better electronics store choices than Best Buy.

Doesn't surprise me. Whenever I drive past the store in Liberty, the parking lot is always empty.

I ****ing hate Best Buy. CC isn't great, but at least they aren't the pushy dickbags that the BB salesforce is.

DO you know about the store in Coumbia? Is it probably going to close as well or just the KC area stores?

We have Circuit City, Best Buy and HH Gregg in my town. I was recently shopping for a new widescreen. HH Gregg has the best staff by far, Best Buy had the best prices and Circuit City had nothing. I ended up buying from Best Buy. Their staff isn't as good as HH Gregg but the price I paid for my 37" widescreen was $100 less than Circuit City and HH Gregg.

Yes. Tell us this.

AGreed but CC didn't exactly have competitive prices when they were here at the time.

Are you mocking me? :(

I just want to know if I need to drove 125 miles to get a cheap LCD tv or not....

Eh, I bought a couple of off the shelf items and feel I got pretty good deals.

Yeah, but I have never been a big fan of the shelf sales. You never know what you are going to end up with after everybody had handled it.

I live in CoMo, too.

Obama did it.
Had to be the 1st one in.

I may never buy another piece of electronics in a brick and mortar.
The only time they have competitive prices is Black Friday.

CC is closing down here as well, but i am in Cali.

Amazing! An electronics retailer going down? Who'da thunk? Maybe the "associates" can go sell used cars; it would be an upgrade in their career.

Thats what they get for selling 100 dollar ****ing cables when i can get them online for 8 bucks.

It's a pretty good bet that they will....it's never made money, and it's in a lousy location right next to a crappy Toy's R Us. What's really sad is that they had a chance to steal the old Kmart location from Best Buy had they been a little quicker. As I understand it, when the old Kmart location was closed and the owner was looking to split the location and have 2 stores take up the old space they approached Hobby Lobby and Circuit City. Hobby Lobby jumped at the chance and CC hesitated. That's when Best Buy jumped in and stole it away.

mmaddog
*******

Just KC market, entire state of Kentucky and 155 stores in total..

Well for now.. I suspect the whole company will go down by next fall.. No way to survive losing that many stores, it is close to 25% of their stores they are closing down right before Christmas..

Terrible prices, terrible selection, terrible customer service. They brought it upon themselves. Everytime I went in there I blamed myself for wasting 5 minutes.

They pulled out of Omaha about 8 years ago, but the fact that they were stupid enough to open a store right across the street from NFM sure didn't help.

All they sold was crap at the CC by my house.

Meh. They at least carried Onkyo A/V receivers.

I was pissed at them when I bought my big screen. I was spending around 2k or so, but they wouldnt take my credit card. I have perfect credit and the spending limit was fine but they kept deining my card. So after 30 minutes of playing around with them, told them to shove it and I'll go buy somewhere else. Actually went to Wal-Mart and got the exact same tv for 1k instead of 2k.

If they last that long...

mmaddog
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Yeah.. With online stores destroying brick and mortar stores by prices and not having to pay out 90% employees eventually they will all go down.. Big Box stores like Walmart/Target will also destroy them..The only reason they will last until next year is the 6months they will get from the NYSE..

While that may be true in some cases, Circuit City's downfall is all their own doing. Look at their history and you will see a poorly managed company.

mmaddog
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This is true.. Best Buy is getting hurt also right now.. Enough where they did not hire hardly any seasonal help..

It wouldn't surprise me that the CoMo store closes. Selection there in the past few months has been crap. CC is on its death bed, and whatever stores are not closed during the first round of closings will be done once the final nail is hammered in, which won't be too long from now IMHO.

I hate BIG ELECTRONICS.

less choice is bad for you... shouldn't be rejoicing

So have any of you folks gone to some of their purging sales?

And the rest of them fall, 570 some odd stores, 30K jobs.

As do I and CoMo chief, quite the contingent.

And Circuit City liquidations are a joke. They actually contract with store liquidators that will jack the prices up, only to reduce them to a 'closeout' price.

When I saw one liquidating in KC earlier this year, they had 'closeout' prices on TVs that were higher than the sale prices at the store in Columbia, which hadn't been contracted out to the liquidators.

These liquidators are shady as hell. I hated CC well before I started seeing this stuff, I've hated them more since.

That's gonna be the standard now that the internet has facilitated the commoditization of inventory. Whereas they used to have to eventually sell everything, now they have the fallback of being able to jobber their remaining inventory to a healthy store. First noticed it when all those hardware stores went OOB in the mid-90s.

Whats ridiculous is those 'display' items that don't get marked down. I stopped by a Linens'n'Things that was a ghost town, down to selling the displays shelves, and they still had a Cuisinart coffee maker at 40% off!!!!!! only it was beat to heck and the lid of the carafe was missing, and the carafe itself had a dent in it. Still over $100.

I went to CC awhile back when they were closing, there were no good deals even at closeout prices, i just went on my phone found ones better

Liquidators buy the inventory and try to sell if for all they can when there are mass closings of a retailer. It will appear that CC is having a blowout since it's in their store, but more than likely they've already sold the inventory for pennies on the dollar and the liquidator is pricing the goods as high as possible.

that is good to know. I thought it was just because they were going to send the goods back to another store or something

Why the heck wouldn't CC just do that on their own?

Bad news, especially for the nation's mall landlords. Whiel they're generally big REITs etc., they're going to get walloped by this. That's alot of empty big boxes.

They raise all the prices to manufacture retail price and then drop it from there.. So stuff that was selling cheaper normally, clearance models, old models, open box models all go back up to original price.

If you want a deal I suggest you hide what you want till the prices drop. There will not be any great deals until the very last weekend the store is open. Because A: It was already bought or B: It was hidden by an associate.

When the world ends I'm going to my local BB with a flamethrower.

Need to get a cheap one first...

Empty stores all over the place. There's a big strip mall near me that has still never filled the space CompUSA vacated, then they lost Linens and Things last month. Losing anchor tenants hurts both the landlord and the smaller tenants who lose the extra foot traffic business. Bad news that snowballs.

They're bankrupt and don't want the expense of keeping employees and their benefits on the books. They need cash fast and that's the easiest way to do it. I'm not saying this is what's happening with CC, but it happens in most large retail bankruptcies.

My bookmarks are at your service:

http://mirror.linnwood.org/flamethrower/

Circuit City actually did not send any of their inventory from liquidating stores to normal stores... The liquidators bought it and it help kill the company even more. Why? All of that shit was in their BF ad and was out of stock at their normal stores. But the liquidating stores had em still though... It was great to harass the company forums with all of our inventory...

I got banned for telling the HR rep on there to kiss my ass and come fly her ass to KC if he wanted to fire me. (Why did I do this?) I no longer worked for the company and got tired of all the lies they told and all of the koolaid drinkers at the company that sheeped around. The liquidators paid my wage so the HR people couldn't do shit. It was great, well until they banned me, I had way more shit to talk..

I bet my store manager is loving me right now, I had to beg and convince him not to transfer to Lincoln store.. Because CC was going under and he would be closing another store without severance.. He finally told the GM 'thanks, but no thanks'..

That company is one of the most morally corrupt companies I have ever witnessed at the corporate levels.. They were blaming everything on the recession and not on their own incompetence..

It sucks that all of those people are out of jobs, but it is for the best.. That company needed to go under..

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As for the dent, the liquidators buy the stuff all at a standard price broken or not.. And trust me, they will make a huge profit.. The average customer is an idiot.. I literally got to tell people that they were ignorant as we were closing the store for buying that product at a certain price..

I have no idea??

But I think it is because of something to do with bankruptcy..

Or they might have to pay a severance if they do??

Barrytowne in the northland lost Dicks which turned into Steve and Barry's which went under, lost linen and things, lost Circuit City and getting ready to lose Baby's R US.. So that entire strip will just have Target and Kohl's..

Hopefully they turn Target into a Super Target..

But hey at least Zona Rosa is doing great..

They still had to pay employees PTO and insurance during my liquidation..

Of course the company also said all PTO would be paid at termination on their main page, but in small print said they would no longer be paying it out and that was in a PDF document 14 pages long on another page..

What is great the same company would try and force you to not use your PTO.. If you worked 40 hours a week they would say you could not use any.. If you worked 30, you could use 10, but only if you were normally scheduled for 40..

They said it was illegal to pad your checks..

Well me, being the ass that I am.. faxed all my hours in.. Then I faxed everybody hours in also.. Luckily they all went through.. Some people had 200 hours of PTO saved up..

That sucks. I used to live in The Ethans off of Barry right after I graduated from college. I stocked up during the Ultimate Electronics liquidation. Aren't they shutting that BB across from Olive Garden down too?

Metro North has also been circling the drain for about 10 years.

They are suppose to, but it still gets great business even though one opened up in Tiffany and Liberty and keeps trucking on..


Metro North is just poorly ran, it would be back on top if they were smart or had me run it.. Get in Sears and Burlington Coat factory form Antioch to take 2 of the 3 empty anchor spots and try and convince 24 hour fitness or open a new gym in the other anchor spot.. A huge gym in one of those anchor stores would be awesome and draw lots of traffic in..

Then I would try and get a Friday's put in upstairs with an outside door so they can stay open late and same for the old Kelso's downstairs..

Then If I can finagle the old Bishop's/Furr's owner to open up inside so I can get more seniors in there..


Sad thing is I have plans for this that I made when I had my Punch software..

I always heard Metro had problems with leases...like they lost their GAP b/c they wanted way too much for the space, so they basically told them to 'eff off and moved to ZR.

And by "old Kelso's" do you mean the one that's right off a south entrance? I hope that place didn't close down. I loved their calzones.

They just built a brand new strip mall in Merriam with CC as THE anchor. I don't think any of the stores are even open yet and it's anchor is toast.

That actually was originally a Ultimate Electronics I believe.. Then Circuit City took it over and never opened it.. Guess what the CEO was the same person both times..

Another reason why I hate TIFS with a passion..

A good sound business should not need help to survive..