Content about Circuit City

June 6, 2011

The story of Circuit City’s meteoric rise and catastrophic fall reveals myriad leadership lessons. It also underscores the critical strategic role that training and development play in a company’s continued success.

By Tom Wulf

In early 2009, 34,000 American workers lost their jobs and one of retail’s greatest stories of entrepreneurship abruptly came to an end. More than 250,000 people—families, suppliers, supporting businesses—were impacted directly by the closing of Circuit City Stores, Inc. The 60-year-old retailer, with a presence in every major U.S. city, seemed to just disappear.

May 8, 2007

When do layoffs mean lower TV sales?  Apparently, when you're Circuit City. The company recently revised its projections for the first half of its fiscal year, based on poor sales of flat-panel and projection televisions. Partially due to the disappointing sales figures, the company expects a loss of $80 to $90 million in the first quarter of fiscal 2008. And analysts say that those bad sales figures can be blamed in part on the company's decision to fire its highest-paid workers.

When do layoffs mean lower TV sales?



Apparently, when you're Circuit City. The company recently revised its projections for the first half of its fiscal year, based on poor sales of flat-panel and projection televisions. Partially due to the disappointing sales figures, the company expects a loss of $80 to $90 million in the first quarter of fiscal 2008. And analysts say that those bad sales figures can be blamed in part on the company's decision to fire its highest-paid workers.


May 8, 2007

When do layoffs mean lower TV sales?  Apparently, when you're Circuit City. The company recently revised its projections for the first half of its fiscal year, based on poor sales of flat-panel and projection televisions. Partially due to the disappointing sales figures, the company expects a loss of $80 to $90 million in the first quarter of fiscal 2008. And analysts say that those bad sales figures can be blamed in part on the company's decision to fire its highest-paid workers.

When do layoffs mean lower TV sales?



Apparently, when you're Circuit City. The company recently revised its projections for the first half of its fiscal year, based on poor sales of flat-panel and projection televisions. Partially due to the disappointing sales figures, the company expects a loss of $80 to $90 million in the first quarter of fiscal 2008. And analysts say that those bad sales figures can be blamed in part on the company's decision to fire its highest-paid workers.


January 10, 2004

Buying projectors online is becoming easier and more convenient every day, and buying online can certainly save you time and money. But should you just grab the best price and be done with it?

Buying projectors online is becoming easier and more convenient every day, and buying online can certainly save you time and money. But should you just grab the best price and be done with it?