Circuit City to be broken up and sold in pieces.
A Richmond Times-Dispatch article published only a few minutes ago delivers news of a severe blow to the Richmond economy: "Circuit City to be broken up."
Obviously, this crushing news impacts the lives of thousands of workers in Circuit City retail stores, and I feel terrible for the hundreds of workers in the corporate offices in Richmond as well. Hopefully many have already left, or will quickly find work once they do.
http://www.timesdispatch.com/rtd/business/local/article/CIRCGAT15_20090115-122410/179100/
As a consumer, I'm also quite concerned at what will become a much smaller market in consumer electronics with the exit of Circuit City. Those who have read my blog for a while are familiar with my opinions on Best Buy, and allowing their status as the only electronics retailer in many markets will only compound the service issues previously noted.
This is certainly a bad to be a consumer of electronics, and its definitely a bad day to be a Circuit City employee.
Obviously, this crushing news impacts the lives of thousands of workers in Circuit City retail stores, and I feel terrible for the hundreds of workers in the corporate offices in Richmond as well. Hopefully many have already left, or will quickly find work once they do.
http://www.timesdispatch.com/rtd/business/local/article/CIRCGAT15_20090115-122410/179100/
As a consumer, I'm also quite concerned at what will become a much smaller market in consumer electronics with the exit of Circuit City. Those who have read my blog for a while are familiar with my opinions on Best Buy, and allowing their status as the only electronics retailer in many markets will only compound the service issues previously noted.
This is certainly a bad to be a consumer of electronics, and its definitely a bad day to be a Circuit City employee.
posted by Brent | 12:37 PM
0 Comments:
Post a Comment
Subscribe to Post Comments [Atom]
<< Home