Audioholics Home Theater Forums
store.audioholics.com EMPTek.com BlueJeansCable.com Emotiva.com VisualApex.com Yamaha.com/yec SpectraCal.com MonoPrice.com

Go Back   Audioholics Home Theater Forums > Home Theater Hardware Hangout > GENERAL AV Discussions
Reload this Page Circuit City Files for Bankruptcy Chapter 11
Register FAQ Members List Calendar Search Today's Posts Mark Forums Read

Reply
Page 1 of 2 1 2 >
 
Thread Tools Rate Thread Display Modes
  #1  
Old 11-10-2008, 10:12 AM
admin admin is offline
Administrator
  
Join Date: Apr 2004
Posts: 3
Thanks: 0
Thanked 283 Times in 140 Posts
admin is looking for a job at AHadmin is looking for a job at AHadmin is looking for a job at AHadmin is looking for a job at AHadmin is looking for a job at AHadmin is looking for a job at AHadmin is looking for a job at AHadmin is looking for a job at AHadmin is looking for a job at AH
Arrow Circuit City Files for Bankruptcy Chapter 11
Despite efforts to keep the system afloat, including shutting down more than 20 percent of its stores last week, Circuit City Stores has filed for bankruptcy. This year's economic downturn seems to have been too much for the Richmond, Virginia-based electronics giant, who has been struggling non-stop since last year to match sales with rival Best Buy and other big box stores.


Discuss "Circuit City Files for Bankruptcy Chapter 11" here. Read the article.
Reply With Quote

  #2  
Old 11-10-2008, 10:26 AM
jamie2112's Avatar
jamie2112 jamie2112 is online now
Audioholic Spartan
  
Join Date: Oct 2007
Location: On a tour bus or LA California
Posts: 6,285
Thanks: 1,963
Thanked 1,779 Times in 1,371 Posts
jamie2112 should be listened tojamie2112 should be listened tojamie2112 should be listened tojamie2112 should be listened tojamie2112 should be listened tojamie2112 should be listened tojamie2112 should be listened tojamie2112 should be listened tojamie2112 should be listened tojamie2112 should be listened tojamie2112 should be listened to
Default
I am sorry to hear people are losing jobs before the holidays. I had a feeling this was coming after reading they were closing stores.I guess there will be some deals to be had in the near future....
__________________
Bobs yer uncle
Reply With Quote

  #3  
Old 11-10-2008, 10:32 AM
GlocksRock's Avatar
GlocksRock GlocksRock is offline
Audioholic Ninja
  
Join Date: Oct 2005
Location: Charlotte, NC
Posts: 4,206
Thanks: 131
Thanked 491 Times in 415 Posts
GlocksRock should be listened toGlocksRock should be listened toGlocksRock should be listened toGlocksRock should be listened toGlocksRock should be listened toGlocksRock should be listened toGlocksRock should be listened toGlocksRock should be listened toGlocksRock should be listened toGlocksRock should be listened toGlocksRock should be listened to
Default
that's sad to hear, I hope they can pull through it and stay afloat.
__________________
Mitsubishi WD-73733 73" DLP
Yamaha RX-V1800, Amp-Emotiva IPS-1
Scientific Atlanta 8300 HDDVR
APC H15 Power Conditioner
PS3, Wii, XBOX 360 Elite
Dell Vostro 400 HTPC
Def Tech BP7001SC L&R, CLR3000 center, BP2X surr., BP10 sur. backs
SVS PB13-Ultra
Harmony One

Bedroom System
Sharp Aquos LC-46D82U
Explorer 4250 HD cable box
Yamaha RX-V663
Onkyo M-5140 amp
Xbox 360 Pro, PS3
Dell E520 HTPC
Def Tech CLR2300, BP7006 L&R, BP1.2X Surr.
SVS 20-39PC+
Panamax M8-HT-Pro
Harmony One
Reply With Quote

  #4  
Old 11-10-2008, 11:32 AM
jfalk jfalk is offline
Enthusiast
  
Join Date: Mar 2008
Posts: 15
Thanks: 2
Thanked 2 Times in 2 Posts
jfalk is a forum member in good standing
Default
It depends on what sort of bankruptcy it is. CC already had to pay for inventory in cash. What a bankruptcy can do is to actually enable manufacturers to begin offering credit again on new shipments, since the company can, at least in principle, get new credit sources not encumbered by old claims. Of course, the plans don't always work ... as Linens 'N Things recently demonstrated.
Reply With Quote

  #5  
Old 11-10-2008, 12:45 PM
fmw's Avatar
fmw fmw is offline
Audioholic Field Marshall
  
Join Date: Jul 2007
Posts: 1,629
Thanks: 17
Thanked 318 Times in 223 Posts
fmw has very reliable inputfmw has very reliable inputfmw has very reliable inputfmw has very reliable inputfmw has very reliable inputfmw has very reliable input
Default
Quote:
Originally Posted by jfalk View Post
It depends on what sort of bankruptcy it is. .
The headline says chapter 11. That would be a court supervised reorganization.
Reply With Quote

  #6  
Old 11-10-2008, 12:49 PM
soundhound soundhound is offline
Junior Audioholic
  
Join Date: Apr 2006
Posts: 99
Thanks: 10
Thanked 12 Times in 9 Posts
soundhound is gaining some recognition
Default
woohoo, panny plasma here we come.
Reply With Quote

  #7  
Old 11-10-2008, 01:33 PM
majorloser's Avatar
majorloser majorloser is offline
Moderator
  
Join Date: Aug 2005
Location: Florida aka: Hurricane Central
Posts: 4,665
Thanks: 852
Thanked 1,210 Times in 737 Posts
majorloser should be listened tomajorloser should be listened tomajorloser should be listened tomajorloser should be listened tomajorloser should be listened tomajorloser should be listened tomajorloser should be listened tomajorloser should be listened tomajorloser should be listened tomajorloser should be listened tomajorloser should be listened to
Default One Down
Who's gonna be next?
__________________
I'm the child of the household, so why shouldn't I get all the T O Y S
(my wife just won't let me buy them)
Reply With Quote

  #8  
Old 11-10-2008, 02:16 PM
AcuDefTechGuy's Avatar
AcuDefTechGuy AcuDefTechGuy is offline
Audioholic Spartan
  
Join Date: Jul 2007
Location: Krypton
Posts: 5,129
Thanks: 550
Thanked 622 Times in 550 Posts
AcuDefTechGuy should be listened toAcuDefTechGuy should be listened toAcuDefTechGuy should be listened toAcuDefTechGuy should be listened toAcuDefTechGuy should be listened toAcuDefTechGuy should be listened toAcuDefTechGuy should be listened toAcuDefTechGuy should be listened toAcuDefTechGuy should be listened toAcuDefTechGuy should be listened toAcuDefTechGuy should be listened to
Default
Quote:
Originally Posted by majorloser View Post
Who's gonna be next?
Not Best Buy, Not Wal-Mart, and Not Sam's Club.
__________________


RECEIVER DENON AVR-5308CI
SPEAKERS DEFINITIVE BP7000SC(2) . DEFINITIVE BP7001SC(2) . DEFINITIVE CLR3000 . DEFINITIVE TRINITY
DISPLAYS OPTOMA HD81-LV & 120-INCH SCREEN . MITSUBISHI WD-73735
HTPC MOZART VC-4000 + ASUS P5Q-PRO + INTEL Q9550 + COOLER MASTER V8 + ATI RADEON HD4850 + LG GGC-H20L + WD 4TB HDD + 8GB RAM + ACOUSTIFAN 120mm + VISTA-64
BLU-RAY DENON DVD-3800BDCI
HD-DVD TOSHIBA HD-XA1
SACD/DVD-A OPPO DV-980H
GAMES Wii

http://s225.photobucket.com/albums/dd75/AcuDefTechGuy/
Reply With Quote

  #9  
Old 11-10-2008, 08:22 PM
newb newb is offline
Junior Audioholic
  
Join Date: Feb 2008
Location: Everett, WA
Posts: 89
Thanks: 13
Thanked 2 Times in 2 Posts
newb is a forum member in good standing
Default Who's next?
GM, Ford, and Chrysler! The banks, corporations, and the states!
__________________
Pioneer Elite 1150
Yamaha RXV 663
Aperion 663T Mains
Aperion 553 VAC Center
Aperion 533T Surrounds
Aperion S-12 Subwoofer
Reply With Quote

  #10  
Old 11-10-2008, 09:48 PM
mtrycrafts's Avatar
mtrycrafts mtrycrafts is offline
Audioholic Overlord
  
Join Date: Aug 2004
Posts: 12,915
Thanks: 74
Thanked 756 Times in 604 Posts
mtrycrafts should be listened tomtrycrafts should be listened tomtrycrafts should be listened tomtrycrafts should be listened tomtrycrafts should be listened tomtrycrafts should be listened tomtrycrafts should be listened tomtrycrafts should be listened tomtrycrafts should be listened tomtrycrafts should be listened tomtrycrafts should be listened to
Default
Quote:
Originally Posted by soundhound View Post
woohoo, panny plasma here we come.
Went by there today to see what is on fire sale. Certainly not the BluRay discs, nor the TVs.
Reply With Quote

Reply
Page 1 of 2 1 2 >

« Previous Thread | Next Thread »

Thread Tools
Display Modes Rate This Thread
Linear Mode Linear Mode
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
vB code is On
Smilies are On
[IMG] code is On
HTML code is On
Forum Jump



All times are GMT -4. The time now is 02:56 AM.



Audioholics.com - Archive - Privacy Statement - Top

Powered by vBulletin® Version 3.6.8
Copyright ©2000 - 2009, Jelsoft Enterprises Ltd.
Copyright 2007 AUDIOHOLICS, LLC