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Oct 18, 2023 · As the second-largest electronics retailer in the United States, Circuit City’s demise marked the end of an era characterized by fluorescent-lit aisles filled with cutting-edge gadgets and...
Dec 13, 2023 · Circuit City, the electronics retail brand of yore, plans to mount a comeback -- of sorts. And it's raising money to do so.
Jan 10, 2018 · Circuit City has announced plans to relaunch its website Feb. 15 and has a plan to open kiosks and stores within stores, CEO Ronny Schmoel announces at the 2018 Consumer Electronics Show in Las Vegas. Eventually it will relaunch full stores.
- Good Luck, You’Ll Need It
- Don’T Call It A Comeback
- Follow Best Buy’s Lead
- Seriously, Another Place to Buy A TV?
- Ditch The Business of ‘Yesteryear’
- Remember hhgregg?
- A Known Brand Advantage
- The Online-Only Problem
- Differentiate Or Die
Neil Saunders, Managing Director, GlobalData: Good luck to [CEO Ronny] Shmoel. With the wafer-thin margins in electronics, the extensive competition and the relatively slow growth, he’s sure gonna need it!
Doug Garnett, Founder & CEO, Atomic Direct: I wouldn’t call this “Circuit City returns.” The question is whether an entirely new operation (online and some type of store) can make a go of it using the old Circuit City name. And there are parts to the answer. Yes: there’s always room in the market for an innovative new retailer — even in electronics...
Kim Garretson, Advisor, MyAlerts: I used to work at Best Buy in strategy and innovation, and one of our best moves was the launch of private label goods like Insignia. Not only did these items deliver more margin, they increased staff pride in our brands, and they put pressure on vendors on their pricing and innovation. I am wondering if the Circui...
Mark Ryski, Founder, CEO & Author, HeadCount Corporation: Just what the world needs, another place to buy a TV. The Circuit City brand is essentially forgotten and unless new ownership has a truly new value proposition, then I would not bet a nickel on their success. Sure Best Buy’s results have improved, but showing progress against poor historica...
Art Suriano, Chief Executive Officer, The TSi Company: Yes, I believe Circuit City could make a go of it provided they built a business for today and not one of yesteryear. The big-box consumer electronics store is something not much in demand anymore which is why I like the store-within-a-store concept for them. I would look at Macy’s as an opport...
Mark Heckman, Principal, Mark Heckman Consulting: The recent sudden death of HHGregg, an electronic appliance retailer that actually acquired many of the old Circuit City stores just before its demise, does not bode well for forecasting success for this new version of Circuit City. However if this new version is better balanced between online and b...
Harley Feldman, Co-Founder and CMO, Seeonic: The good news about Circuit City is that it has a recognizable brand. The bad news is that it is reentering the market against formidable competition and consumers that are more demanding than in the past. The quickest way back is through an online approach like they are attempting. However, they will so...
Camille P. Schuster, PhD, President, Global Collaborations: This was a surprise. With only an online program, how will consumers get their questions answered? By going to a competitor’s store. If the competitor does price matching Circuit City has no advantage. What will Circuit City offer to entice consumers to purchase electronics when consumers ...
Max Goldberg, President, Max Goldberg & Associates: Circuit City can be successful if it can provide products and an experience that differentiate it from its competitors. Consumer electronics has become a commodity category, with Best Buy and Amazon entrenched as market leaders. What will Circuit City offer that the others don’t?
- Corinne Ruff
Feb 28, 2024 · It can be tricky to dispose of old electronics since they contain toxic substances. But you can get paid for recycling them. Even nonworking devices are eligible thanks to elements like copper and silver, which means you can score cash, discounts, coupons, and gift cards from these companies.
Jan 11, 2018 · Nearly a decade after Circuit City shut its doors, the former electronics retail giant could be ready to flip the power back on.
People also ask
Is Circuit City reentering the market?
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Why did customers switch from Circuit City to Best Buy?
What happened to Circuit City?
Nov 24, 2021 · Why was Circuit City unable to sell its inventory? Customers were taking their business to rivals such as Best Buy and Amazon. As a result, Circuit City's inventory remained in the...
