Circuit City nearly out of Business

And they are priced so that the issuer always profits from that gamble, and profits handsomely. In other words, they are a "sucker bet".

Yes. Again, they're clearly profitable if retailers are willing to use laptop computers as loss-leaders for warranty sales!
 
I'm bumping this because all the Circuit City stores will be closed in a matter of hours. I went to some yesterday and it was very sad to see. I think it was a small symbol of the economy as whole and how that company did business.

RIP Circuit City :(
 
Well, it has finally been determined that in the virtual war between the Bloods(Circuit City) and the Crips(Best Buy), the survivor in the war on warranty driven consumer electronic sales goes to......THE CRIPS!!!!!!
 
In one shopping center, we now have an empty Comp USA store and an empty Circuit City store. The way its been going I wouldn't be surprised if the whole thing was empty by this time next year.
 
Well, it has finally been determined that in the virtual war between the Bloods(Circuit City) and the Crips(Best Buy), the survivor in the war on warranty driven consumer electronic sales goes to......THE CRIPS!!!!!!

^^^^^ Never thought of it like that. Too bad it's too late to use that line now. . .
 
Since I heard they locked the doors for the last time I will drive by the building this afternoon and see if it's true. I've noticed some of BB's prices have increased. Good thing there's options like Newegg, Amazon and TSS that provide superior service.
 
Best Buy has more or less stated that they are going to cater to those who want service and "knowledgeable" associates. It does not seem to bother them that you can go to Wal Mart and buy a flat panel TV for a few buck less. They appear to be banking on the assumption that the typical consumer will value having someone around who can explain everything to you. In certain cases, I think that's true.

Good luck with that, I guess. I've come to the conclusion that most of the stuff at Best Buy is more or less a commodity.
 
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