Circuit City's days are just about through

[Rich N Da Rich]

I used to work at CC in SF. It was the easiest job. I knew my shit, but they would hire just anybody though. Fucking dumbass new employees always asking me hella questions. I guess it wasn't their fault though, no proper training.

I jumped ship before this shit happened like a month or so ago, and at BB now. Already got domed up by this bz i work wit after knowing her for a week so i c/s with the slut comment, haha.

And for all people who have warranties they still have to honor your shit, it just goes through a separate company if, i mean when the company closes.

 

[wino]

Fucking dumbass new employees always asking me hella questions. I guess it wasn't their fault though, no proper training.

I worked in the warehouse at cc, and my very first fucking day on the job after working for about two hours they left me alone to close that night... So you're right, no training, just throw you in and expect you to know what's goin on. And that e-learning bullshit didn't teach me a damn thing. That store is a joke

 

[Defy]

Yeah, I used to work for Come-up City too

 

[BELLY408]

MANNN WUT THE FUCK,...WHEN THEY CLOSING ALL OF THEM DOWN?...WUT ABOUT MY FUCKIINNGG WARRENTYYYY IF MY SHIT BREAKS!!!......BITTCHH!

WELL THE CORPORATE HEADQUARTERS IS STILL GONNA BE OPEN RIGHT?....DAMM!

thats my question, I paid for a warranty for nothing...dammit

 

[Heated Mane]

lmao @ come up city.. i put together my own little severance package in this mahfucka.

 

[niguardian]

WalMart is killin all of 'em.


And it makes sense...why not go and pick up that LCD TV, while you buy your Golden Grahms, underwear, and refill your perscription for your asthma medicine.

lol while eatin mcdonalds and gettin new glasses made while they're changin your tires

 

[THE ACIDRAPTOR]

Well its looks like no circuit city around where I live is closing......
...or maybe I might be wrong???

 

[mrtonguetwista]

NEW YORK – Circuit City Stores Inc., the nation's second-biggest electronics retailer, filed for bankruptcy protection on Monday but plans to stay open for business as the busy holiday shopping season approaches.

It filed under Chapter 11 of the bankruptcy code, which will allow it to hold off creditors and continue operations while it develops a reorganization plan.

The Richmond, Va.-based company has been struggling as nervous consumers spend less and credit has become tighter, and the retail industry overall is facing what's expected to be the weakest holiday season in decades.

Circuit City also said it would cut 700 more jobs, after announcing a week ago that it would close 20 percent of its stores and lay off thousands of workers.

"This isn't a surprise," JPMorgan analyst Christopher Horvers said, adding that the reorganization could help the company get out of leases for certain bad store locations.

Circuit City, which has had only one profitable quarter in the past year, has faced significant declines in traffic and heightened competition from rival Best Buy Co. and others. It said it decided to file for bankruptcy protection because it was facing pressure from vendors who threatened to withhold products during the holiday season.

"At the end of the day I think it's really about an inventory position," Horvers said. "If they can get inventory into the stores, I can think they'll remain competitive."

He added, "I think it's encouraging that they were able to secure financing." Circuit City said it had lined up $1.1 billion in loans to provide working capital while it is in bankruptcy protection. That replaces a $1.3 billion asset-backed loan it had been using.

The company said in its filing that it had $3.4 billion in assets and $2.32 billion in liabilities, as of Aug. 31.

 

[Heated Mane]

yep read that shit earlier. glad im out that bitch.

 

[mrtonguetwista]

Only 1 is closing here, but Imma use my gift cards that they give as an incentive to buy something real soon before they're obsolete

 

[NorthBay 415]

they left me alone to close that night... So you're right, no training, just throw you in and expect you to know what's goin on.

DID U TAKE ANYTHING???

ANYONE KNO IF THEY GON HAVE AN OUT OF BUSINESS SALE??

 

[ThiZZmAtiC510]

^theyre not completely going out of business...just some of the stores closing. i know the one in richmond (hilltop) has a big ass "EVERYTHING ON SALE" sign. i dont know about the others though.

 

[Likwid]

They just opened the Morgan Hill store and now it's scheduled to close, kinda fucked up.