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Circuit City is coming back! First store planned to open this spring in Dallas.

Posted on 1/29/16 at 9:07 am
Posted by GetCocky11
Calgary, AB
Member since Oct 2012
51386 posts
Posted on 1/29/16 at 9:07 am
LINK

quote:

Circuit City may be making a comeback with an ambitious plan to open new stores by spring.

The national retail chain closed its doors in 2009 after doing business for 60 years. Ronny Shmoel bought the rights to the company from Systemax, according to trade magazine Twice.

Now the two are planning to open retail stores equipped with touchscreen terminals, which will let customers browse through inventory. The stores will sell tablets, headphones, drones and other electronics, including the company's own brand of inexpensive computer accessories, such as USB cables.

Shmoel confirmed that the Twice story was accurate to NBC News.

The first Circuit City under the new plan would probably open in the Dallas area in the spring. Shmoel has the goal of opening 50 to 100 stores by next year. Selling goods on CircuitCity.com is also an important part of the company's plan, with Shmoel expecting that Circuit City will also sell its own brand on other retail sites.

The Circuit City prospective revival comes after the decline of another electronics retail giant, RadioShack, which closed down earlier this year.


This post was edited on 1/29/16 at 9:08 am
Posted by Random LSU Hero
2014 NFL Survivor Champion (17-0)
Member since Aug 2011
9440 posts
Posted on 1/29/16 at 9:10 am to
quote:

Circuit City may be making a comeback
Posted by musick
the internet
Member since Dec 2008
26125 posts
Posted on 1/29/16 at 9:10 am to
I loved CC back in the day but this has FAIL written all over it.
Posted by RedRifle
Austin/NO
Member since Dec 2013
8328 posts
Posted on 1/29/16 at 9:10 am to
Posted by slackster
Houston
Member since Mar 2009
85137 posts
Posted on 1/29/16 at 9:12 am to


Dying business models:

1. Big-Box retailers, specifically electronic retailers
2. Brick and mortar banks

You can be profitable in these fields in the near future, but it isn't somewhere I'd want to dump a ton of capital going forward.
Posted by Pectus
Internet
Member since Apr 2010
67302 posts
Posted on 1/29/16 at 9:12 am to
Circuit City you say? Remarkably, this is a great way I can show the OT how my mind works...


Whenever I think of Circuit City I have this train of thought:

- I remember the Circuit City down in Harvey when I was really young. I remember seeing how the facade resembled a plug.

- I always remember passing Circuit City in the car on the opposite side of the road. In the median there was a deep ditch with a big culvert.

- Then I jump to an episode of Rescue 9-1-1 where there is a kid stuck in a culvert during a flood. It was eerily similar to that culvert by that Circuit City store. It was a scary episode.


Seriously. Every time someone mentions Circuit City, this is exactly what plays out in my head.
Posted by Brummy
Central, LA
Member since Oct 2009
4513 posts
Posted on 1/29/16 at 9:12 am to
If there's a hot industry to jump into right now, it's definitely brick-and-mortar electronics retail.
Posted by GaryMyMan
Shreveport
Member since May 2007
13498 posts
Posted on 1/29/16 at 9:15 am to
Wake me up when Service Merchandise comes back.
Posted by carhartt
Member since Feb 2013
7723 posts
Posted on 1/29/16 at 9:22 am to

Good, they can get back to stalking you all over the store and charging way too much for their crap.
Posted by WallsAllAroundMe
Member since Jan 2016
1064 posts
Posted on 1/29/16 at 9:22 am to

This post was edited on 4/8/19 at 12:11 pm
Posted by John88
Member since Sep 2015
6222 posts
Posted on 1/29/16 at 9:28 am to
RIP Best Buy
Posted by Topwater Trout
Red Stick
Member since Oct 2010
67593 posts
Posted on 1/29/16 at 9:29 am to
never realized they closed...I shop online
Posted by TechBullDawg
Member since May 2014
1024 posts
Posted on 1/29/16 at 9:29 am to
I'd be happier if it were Howard Brothers coming back.
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
119502 posts
Posted on 1/29/16 at 9:30 am to
So, with BB failing, CC decides to make a comeback. Brilliant.
Posted by Walking the Earth
Member since Feb 2013
17260 posts
Posted on 1/29/16 at 9:45 am to
I don't think the electronics will be big sellers but those drugs that he's obviously funneling through his stores and selling should go like hotcakes.
Posted by TigerWise
Front Seat of an Uber
Member since Sep 2010
35113 posts
Posted on 1/29/16 at 9:54 am to
I slanged some speakers out them stores.
Posted by DieDaily
West of a white house
Member since Mar 2010
2644 posts
Posted on 1/29/16 at 9:56 am to
Meh. I'll get excited when New Generation makes a come back.
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