Circuit City Stores News Archives

Circuit City Stores named Jeffrey S. Stone executive vice president -- New BusinessDdevelopment. via Appliance

SIRIUS Radio Blowout Sale Most Popular Models at Great Low Prices. Starting from $19.99. www.SiriusSpecials.com Satellite Radio Station at Circuit City Circuit City - Official Site. via WNPQ-FM Canton

Canon Camera at Circuit City Circuit City - Official Site. Free Shipping on Orders $24 and Up. via FTB Asia

Tables: Buyers Sellers SHARES OF CIRCUIT CITY STORES may have lost much of their spark in the past year, but one investor has bet big on the electronics retailer, acquiring a 6.5% stake. via Barron's

“If people only knew this or that ”

SEOs love to preach the Organic Gospel as if knowledge is the barrier, not implementation. via SEO Speedwagon

In a 13D filing Tuesday, Mark Wattels/Wattles Capital disclosed a 6.5% stake in Circuit City Stores . via The Retail Stock Blog

“Return on investment on some of the technology ... out there, that we're thinking that we need is absolutely crucial for us to take the next step”

Virtual worlds, mobile coupons and bar-code readers on cell phones are the next technology wave that U.S. chain stores must ride if they hope to stay competitive in the fast-changing world of global retail, ... via RedOrbit

Shares of electronic brokerage E-Trade Financial Corp. declined on Tuesday and sent the Standard & Poor's 500 index to a lower finish, as investors sold off shares on fears that the U.S. is headed toward a ... via Canadian Business Magazine

Best Buy, Inc. , which saw modest sales gains in the holiday shopping month of December, is set to dominate the consumer electronics sector in 2008. via Blogging Stocks

Are the financial losses and sales declines self-inflicted? Or is this the bleeding edge of an industry downturn that will eventually strip other retailers of their profitability? Circuit City blames both. via Warranty Week

“John's valuable retail experience and specific insights into Circuit City's business will enable him to act effectively to generate improved performance at Circuit City”

Richmond, Va. -- John T. Harlow has joined Circuit City Stores as its executive VP and COO. via Twice

The largest consumer electronics retailer in the U.S., Best Buy, Inc. , plans to step up the presence Apple, Inc. via Blogging Stocks

“Honestly I don't know how much I'm really learning from that other than it's just curious”

Consumer electronics retailer Circuit City Stores Inc is focusing on turning around its business in the United States, although it sees learning opportunities in overseas markets, its chief executive officer ... via Reuters

“The weaker TV results (both sets and attachments) were modestly surprising given that Best Buy had appeared to be executing very well through the holiday season”

Top consumer electronics retailer Best Buy Co on Friday posted slower growth in same-store sales for December as weaker consumer spending hurt television sales, and its shares fell more than 4 percent. via Earth Times

Hoosier farmers set a record when they harvested 987 million bushels of corn last year, the leader of the National Agricultural Statistics Service's Indiana field office said Friday. via Journal Gazette

“They (executives) were so focused on cutting costs that they failed to take into account the real value of good salespeo ple.”

Corporate leaders who think they can slash expenses without customers noticing might want to give Circuit City Stores Inc.'s top brass a call. via TulsaWorld.com - Business

A major shareholder of Circuit City Stores Inc. has sold nearly its entire stake in the nation"s No. via Washington Times

Consumer electronics retailing giant Best Buy says its comparable-store sales rose 1.5 percent in December on strong sales of video games and notebook computers. via KOKI

A major shareholder of Circuit City Stores has sold nearly its entire stake in the nation's No. via Money

Best Buy Co., the largest U.S. consumer-electronics chain, which has stores in Brick, Holmdel and Manalapan, said sales in December rose 11 percent as it gained market share from Circuit City Stores Inc. via Asbury Park Press

“We are selling fresh product that make it easier for people to spend discretionary dollars”

Best Buy Co Inc Chief Executive Brad Anderson said on Tuesday that he saw signs of a tougher retail climate and the company would feel the strain if its customers did. via Earth Times

After years of trying to get its recipe right to run a profitable company, Krispy Kreme Doughnuts on Monday added yet another ingredient: A new CEO. via Houston Chronicle

Best Buy Inc.'s chief executive is "very nervous'' about being able to supply customers with the millions of digital TV converter boxes needed ahead of the shutdown of most analog TV transmissions in 13 months. via Salt Lake Tribune

Scott Fulton, BetaNews: From our Deja Vu All Over Again Dept., here's a topic that's a major CES issue this week and it's definitely a rerun from last year. via BetaNews

Circuit City Stores Inc. will soon be rolling out what it feels is the future of consumer electronics retailing, a new store format called "The City." According to a report in This Week in Consumer Electronics ... via VMSD

“Due to structural challenges, industry dynamics, and economic headwinds, we have little confidence in our reduced estimates”

Analysts downgraded and lowered estimates on Circuit City Stores Inc. on Tuesday after the electronics retailer posted a double-digit drop in same-store sales for December. via MSN Money

“I think it will feel very different in this next round of TVs, because we're through the early adopters”

LAS VEGAS - Best Buy Inc.'s chief executive said Tuesday that he is "very nervous" about being able to supply customers with the millions of digital TV converter boxes needed ahead of the shutdown of most ... via North County Times

Best Buy Co., the largest U.S. consumer-electronics retailer, was cut to ``underperform'' from ``outperform'' by Bear Stearns Cos. via Bloomberg.com

CIRCUIT CITY STORES INC. fell 16 cents, to $4.05, after the official close of U.S. exchanges. via Asbury Park Press

“We watch very carefully these kinds of general economy issues, and we do feel more and more concerned about the subprime issue and the impact on consumer spending and corporate spending”

By Philipp Gollner and Marie-France Han

SAN FRANCISCO/LAS VEGAS (Reuters) - The world's major technology companies are trying to convince consumers they need an expensive, digitally connected home with the latest high-tech gadgets.

But there's a problem: an increasing number of consumers are having trouble just paying for the roof over the heads, much less a 150-inch television.

Few company executives at the annual Consumer Electronics Show in Las Vegas this week can avoid questions about the state of the economy, and the combination of a surge in the U.S. jobless rate, oil around $100 and a worsening credit and housing crisis has many on edge. Read more

Electronics retailer Circuit City Stores Inc. said Monday its same-store sales fell 11.4 percent in December, as strength in the last two weeks of the month was not enough to offset earlier weakness. via StarNewsOnline.com

American consumers are in love with cutting-edge electronics and appliances to enhance their lifestyles. via Investing Strategies

“This is just beginning. Out of 8 million hotel rooms in North America, probably less than 100,000 have been transitioned to the new digital, flat-panel TVs”

The company - Stevens Digital Group Inc. has built a nationwide practice in helping hotels convert from in-room entertainment systems based on CRT, or cathode ray tube, televisions to the use of flat-screen ... via St. Louis Post-Dispatch

“Gift cards once again made up a significant portion of holiday gift expenditures this year, and that will propel sales into January”

Retail shares traded lower on the first trading day of 2008 as crude-oil futures hit the $100 mark. via MarketWatch

January 2, 2008 Circuit City Stores gained 1.2% Monday on volume of 17,938,617, which was almost twice its three-month average 9,728,610, to end the day at $4.20. Circuit City was enrolled in Investrend ... via Customer Interaction Solutions

Link: Short-Circuited: Cutting Jobs as Corporate Strategy - Knowledge@Wharton . Layoffs. via A Networked World