Circuit City Bankruptcy – Who’s Next?
While America watches in astonishment how Circuit City files for bankrupcy protection, the thought is – who’s next? From my perspective – I’d rather watch PC Richard’s to crumble than the Circuit City.
Don’t get me wrong, CC isn’t a best store around, but I’ll miss that big landmark from the Union Square. At least the big red and while sign is more fun than yellow on black counter of national debt.
By the way, don’t expect any huge sell-offs, discounts and so on. If CompUSA’s going out of business process is any indication, then the so-called “huge markdowns” would be jacking up price 20% and then discounting it by 10%. So if you might think they have a good deal of 10 or even 15 per cent off – be sure to check other stores. You might be in for a surprise.
