Circuit City makes no sense
 

The other day we noticed a new sign on a new building being added to a strip mall. It said : Circuit City. My husband and I scratched our heads, wondering weren't they in trouble? I heard they may be going out of business. "It'll be closed before it'll be opened" we joked.

Then today I see "Circuit City may shut stores to avoid filing, Struggling electronics retailer Circuit City Stores Inc. is considering a plan to shut at least 150 stores and cut thousands of jobs to avoid filing for bankruptcy protection"

Why would they be BUILDING and opening a new store then? It's not like there isn't another one not a few miles away.

Sounds like they deserve what is coming. :geez:

http://img222.imageshack.us/img222/9...rymedsszp7.gif

Could it be some kind of tax runaround game?

I'm not familiar with the American tax system (certainly not corporate tax) but I know here in Canada there are many tricks you can use to keep your head above water with the tax man.

I think it's just plain old - not enough business to go around.

it does seem like common sense is not one of the things driving business these days

Out of all the electronics I have ever bought I think I have only once ever purchased from Circuit City. Once Best Buy came around it seemed to kill CC, at least locally.

i always wondered who still shops in actual stores for tech stuff... i haven't bought anything from a real store in years... TVs, DVD player, Sirius gear, all our computers, laptops, etc... we get everything online