Post by: kimmer on November 03, 2008, 01:27:20 PM
http://news.cnet.com/crave/?authorId=110
I downloaded the PDF file of actual stores that are being closed and can post them if anyone wants to see them without downloading the file.
We always shopped at the CC near us when we lived down below (it's on the closure list). Great store and good customer service.
Post by: Xairbusdriver on November 03, 2008, 02:26:03 PM
Post by: Gregg on November 03, 2008, 04:02:52 PM
QUOTE(kimmer @ Nov 3 2008, 01:27 PM) <{POST_SNAPBACK}>
We always shopped at the CC near us when we lived down below (it's on the closure list). Great store and good customer service.
The one nearest our house is the last one on the list. It used to be a "full service" CC, but was closed for about a year and reopened as an "outlet" store. They didn't have a very wide selection of products. There's a Best Buy across the street. It remains open despite the opening of another mega Best Buy about 6 miles away.
Post by: Paddy on November 03, 2008, 04:52:03 PM
More info here in their press release:
http://newsroom.circuitcity.com/releasedet...eleaseID=344747
Post by: Mayo on November 03, 2008, 04:52:26 PM
At the time I thought that it was a short-sighted move because once you remove all employee incentives such as performance-related pay/promotions, affordable health care, etc. you eventually wind up with minimum-wage workers with no company loyalty or incentive to provide better customer service than your competitors, most of which are also staffed by minimum-wage, part-time employees (the part-time scheduling exempts companies from providing even minimal benefits in most locales.)
At our local Circuit City store the experienced employees (most of them older...) are long gone, replaced by young workers with little product knowledge who tend to congregate in small groups b.s.ing while customers shop in a decidedly self-service store. Circuit City might as well complete the process by installing check-out aisles with scanners like many large grocery stores and dispense with employees that actually interact with customers.
So I say Good Riddance to all those Circuit City stores and I predict that the remaining stores will soon follow in their wake. It may be rough justice but I have grown weary of corporate executives and shareholders being financially rewarded for transforming American companies into low-wage, no-benefits sweatshops.
Post by: Gregg on November 04, 2008, 07:01:39 AM
Post by: Xairbusdriver on November 04, 2008, 08:04:10 AM
But they are also closing two other stores in this area. I guess cutting your losses early, they've only been open a few months, is better than losing even more. I think most 'analysts' expect them to be forced into Chapter 11, sooner than later. If you don't think you can make it in the 'shopping season,' you probably don't need to be in that line of work!
Post by: krissel on November 05, 2008, 02:13:44 AM
Thought the comment about the government owing them $80 million in tax rebates was interesting.
