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- Weekly Deals - Circuit City
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Jun 2, 2009 · CircuitCity.com, reborn by Systemax, clarified its return policy after criticism from consumers and media. The policy now allows most products from these manufacturers to be returned within 30 days, except for some high-end and special order items.
- Good Luck, You’Ll Need It
- Don’T Call It A Comeback
- Follow Best Buy’s Lead
- Seriously, Another Place to Buy A TV?
- Ditch The Business of ‘Yesteryear’
- Remember hhgregg?
- A Known Brand Advantage
- The Online-Only Problem
- Differentiate Or Die
- GeneratedCaptionsTabForHeroSec
Neil Saunders, Managing Director, GlobalData: Good luck to [CEO Ronny] Shmoel. With the wafer-thin margins in electronics, the extensive competition and the relatively slow growth, he’s sure gonna need it!
Doug Garnett, Founder & CEO, Atomic Direct: I wouldn’t call this “Circuit City returns.” The question is whether an entirely new operation (online and some type of store) can make a go of it using the old Circuit City name. And there are parts to the answer. Yes: there’s always room in the market for an innovative new retailer — even in electronics...
Kim Garretson, Advisor, MyAlerts: I used to work at Best Buy in strategy and innovation, and one of our best moves was the launch of private label goods like Insignia. Not only did these items deliver more margin, they increased staff pride in our brands, and they put pressure on vendors on their pricing and innovation. I am wondering if the Circui...
Mark Ryski, Founder, CEO & Author, HeadCount Corporation: Just what the world needs, another place to buy a TV. The Circuit City brand is essentially forgotten and unless new ownership has a truly new value proposition, then I would not bet a nickel on their success. Sure Best Buy’s results have improved, but showing progress against poor historica...
Art Suriano, Chief Executive Officer, The TSi Company: Yes, I believe Circuit City could make a go of it provided they built a business for today and not one of yesteryear. The big-box consumer electronics store is something not much in demand anymore which is why I like the store-within-a-store concept for them. I would look at Macy’s as an opport...
Mark Heckman, Principal, Mark Heckman Consulting: The recent sudden death of HHGregg, an electronic appliance retailer that actually acquired many of the old Circuit City stores just before its demise, does not bode well for forecasting success for this new version of Circuit City. However if this new version is better balanced between online and b...
Harley Feldman, Co-Founder and CMO, Seeonic: The good news about Circuit City is that it has a recognizable brand. The bad news is that it is reentering the market against formidable competition and consumers that are more demanding than in the past. The quickest way back is through an online approach like they are attempting. However, they will so...
Camille P. Schuster, PhD, President, Global Collaborations: This was a surprise. With only an online program, how will consumers get their questions answered? By going to a competitor’s store. If the competitor does price matching Circuit City has no advantage. What will Circuit City offer to entice consumers to purchase electronics when consumers ...
Max Goldberg, President, Max Goldberg & Associates: Circuit City can be successful if it can provide products and an experience that differentiate it from its competitors. Consumer electronics has become a commodity category, with Best Buy and Amazon entrenched as market leaders. What will Circuit City offer that the others don’t?
The electronics retailer relaunched as an online-only operation last week, but faces tough competition from Best Buy and Amazon. Analysts are skeptical about its chances of success, citing its history of turmoil, thin margins and outdated stores.
- Corinne Ruff
Dec 13, 2023 · But after operating as an online-only retailer for a spell, Circuit City is readying a comeback — or at least hoping to raise the money to do so. This week, the Delaware-incorporated holding ...
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Who founded Circuit City Stores?
Circuit City Corporation, Inc., formerly Circuit City Stores, Inc., was an American consumer electronics retail company, which was founded in 1949 by Samuel Wurtzel as the Wards Company, operated stores across the United States, and pioneered the electronics superstore format in the 1970s. [2] [3] After multiple purchases and a successful run ...
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