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  • Circuit City Still for Sale - Who'll Buy It? [View article]
    To User 251231,

    Thanks, I appreciate your comments. It's too bad that CC has run aground, and the execs are exchanging chairs. There's a 'superstore' near my office, and the Verizon kiosk routinely has more customers than the rest of the store.

    The location of the store is terrible. It's on the back side of a mall, obscured by a Safeway, TJ Maxx and a big box shoe store. Immediately south is a WMT complex including a Sam's Club with gas pumps (it's jammed, too). Next door to CC is a Sports Authority (the third sporting goods retailer to try that spot--the others went out of business). But the lease on the CC runs for another 12 years, or something ridiculous. Termination costs would be immense.

    I think that's what's happening all over the chain. Poor locations, bad lease terms, low store traffic, poor service.

    And Schoonover still has a job. Amazing.
    Aug 26 16:32 pm |Rating: 0 0
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