Circuit City is not going down without a fight. Just a day after filing chapter 11 bankruptcy, Bank of America comes to the rescue. To the tune of $1.1 billion. Yowza.Not sure if that's even going to be enough - the company is $2.3 billion in...
Circuit City is not going down without a fight. Just a day after filing Chapter 11 bankruptcy, Bank of America comes to the rescue. To the tune of $1.1 billion. Yowza.Not sure if that's even going to be enough — the company is $2.3 billion in...
Sad and depressing, but it needs to be discussed. Circuit City customers need to understand how the company is handling their returns during this transitional period — as they transition from company to nothingness.We reported last week that...
Things are tough, especially in consumer electronics. Circuit City is really taking it on the chin. As we previously reported, the rumor was that CC was going to close stores to try to stay afloat. Now, that rumor has become reality.It was...
You know the saying, cutting off your nose to spite your face? You have to wonder if Circuit City might have done the same. We reported earlier this week that the mega-retailer is going to shut down 150 stores and is laying off thousands of...
Circuit City is getting lean and mean. Cutting the fat, drastically, so to speak. In perhaps a last ditch effort to stay afloat, the second biggest consumer electronics brick-and-mortar retailer is closing at least 150 stores. That's huge -...
Blockbuster wants in on the electronics business. First the struggling movie rentals company wants to sell a branded set-top box for downloading movies. Now it wants to buy an entire consumer electronics retail chain. Blockbuster made a buyout...
The long-promised potential of HDTV-over-the-Web could be delivered by an unlikely source. Rather than being worked out by your broadband service provider, your big-screen TV could get video through Cisco, which just invested a chunk of change in a...
Cisco Systems. Not really a name you would expect to see, well, here. From their own website:Cisco is the leading supplier of networking equipment
and network management for the Internet. Products include routers,
hubs, ethernet - not exactly...
Cisco Systems. Not really a name you would expect to see, well,
here. From their own website:Cisco is the leading supplier of
networking equipment
and network management for the Internet. Products include routers,
hubs, ethernet - not exactly...