Circuit City adds to the list of the behemoths in the US filing for bankruptcy.
Something like this happening to an electronic store chain is shocking. The fact that it might be delisted off the NYSE is no pleasing news either.
There are reports that Circuit City started showing signs of an imminent fall early on, and it is only in retrospect now. Funnily for a company to go through this bad a phase, there were no obvious signs of it when I made a visit last fall for my first Canon. Nothing about the display, nor the environment showed there was something bad. Electronics is something that flies off the shelf with good reviews particularly in the US.
This had to happen in the holiday season? Sad!
Won't be a good Thanksgiving this time.
Fall 2008
Something like this happening to an electronic store chain is shocking. The fact that it might be delisted off the NYSE is no pleasing news either.
There are reports that Circuit City started showing signs of an imminent fall early on, and it is only in retrospect now. Funnily for a company to go through this bad a phase, there were no obvious signs of it when I made a visit last fall for my first Canon. Nothing about the display, nor the environment showed there was something bad. Electronics is something that flies off the shelf with good reviews particularly in the US.
This had to happen in the holiday season? Sad!
Won't be a good Thanksgiving this time.
Fall 2008
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