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Is Circuit City Making a Comeback Online?
Defunct big-box retailer's Web site "temporarily closed," leaving the door open for a potential CompUSA-like comeback.
Is Circuit City pulling a CompUSA?
The now-defunct big-box retailer may be try to make a comeback online.
The company's Web site says, "Circuit City.com is also temporarily closed, although we anticipate the website will reopen in the coming weeks."
CompUSA, one of many failed electronics retailers, closed in 2007 and then relaunched online and in a couple retail locations after it was purchased by Systemax.
CrunchGear first got wind of Circuit City's potential relaunch. However, there's no real way of telling how long the Web site has been like this.
Circuit City, of course, closed its doors on March 8 and liquidated about $1.7 billion in inventory. Circuit City received more negative press for selling shattered TVs during the liquidation than anything.
Can Circuit City survive as an online-only retailer? Let us know in the comments.
Related: 10 Failed Electronics Retailers
The now-defunct big-box retailer may be try to make a comeback online.
The company's Web site says, "Circuit City.com is also temporarily closed, although we anticipate the website will reopen in the coming weeks."
CompUSA, one of many failed electronics retailers, closed in 2007 and then relaunched online and in a couple retail locations after it was purchased by Systemax.
CrunchGear first got wind of Circuit City's potential relaunch. However, there's no real way of telling how long the Web site has been like this.
Circuit City, of course, closed its doors on March 8 and liquidated about $1.7 billion in inventory. Circuit City received more negative press for selling shattered TVs during the liquidation than anything.
Can Circuit City survive as an online-only retailer? Let us know in the comments.
Related: 10 Failed Electronics Retailers
Circuit City's Difficult 2008
 | Circuit City to Liquidate Remaining U.S. Stores Four liquidators to sell merchandise in remaining 567 U.S. stores. More than 35,000 jobs will reportedly be lost. Circuit City Receives Approval from Bankruptcy Court Circuit City has received approval for its $1.1 billion debtor-in-possession (DIP) revolving credit facility a day after voluntarily filing for Chapter 11 bankruptcy. Circuit City Files for Chapter 11 Bankruptcy Company says filing will allow it to continue business as usual, paying salaries and benefits and honoring returns and gift cards. Report: Circuit City to Close 155 Stores Big-box retailer is exiting several markets and has hired a team of liquidators to clear out the affected stores Circuit City Reports Non-Compliance With NYSE NYSE to assign ".BC" indicator to Circuit City's symbol to indicate it's below continued listing standards. Is this Finally It For Circuit City? How you can take advantage of the possible failure of the big-box retailer. Circuit City CEO Philip Schoonover Resigns The embattled CE retailer says Schoonover's resignation is effective immediately. He will be replaced by James Marcum. Circuit City Appoints 'Turnaround Executive,' Hints at Sale Company says new vice chairman James A. Marcum is highly experienced at turning retailers around. |
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About the Author
Steve Crowe, Web Editor
Steve is an editor for cepro.com. He graduated from Emerson College with a B.A. in Journalism. He joined the CE Pro staff in 2008. Steve is also a freelance sports writer for The Boston Globe and other various publications.
5 Comments
amazon.com, tiger direct, newegg, all seem to do fine being online only
There is a great piece about CC on This American Life’s “Scenes From a Recession”
Listen at thislife.org
Of course, CompUSA is simply TigerDirect, cloned, so suggesting a “CompUSA-like comeback” is probably not what the writer really means. Unless someone is buying the Circuit City brand name and customer list. Come to think of it, that might be an interesting way for an online-only, geek-centric company like NewEgg to move closer to the wider consumer market.
I believe Hilco, the company that did the liquidation of the inventory for Circuit City, bought the Cicuit City name, Brand and website. Hilco also bought the Linen’s N Things Brand and website.
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Now you’re just twisting the knife, Steve.