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Best Buy said overall December revenue grew 15% to $6.6 billion from a year ago. Circuit City said total sales grew 5.9% to $2.1 billion. The results were a bright spot in a month that was weak ...
Circuit City said in court papers it has appointed ... KB Toys filed for bankruptcy in December and is liquidating stores. Department store chains Goody's Family Clothing and Gottschalks Inc ...
Circuit City closing store sales are to be completed by December 31, the company says. Circuit City will be left with 566 stores throughout the US. Circuit City joins a cadre of other consumer ...
Circuit City said it had $3.4 billion in assets and $2.32 billion in liabilities as of Aug. 31. Under court protection, it broke 150 leases at locations where it no longer operated stores and closed ...
Corporate leaders who think they can slash expenses without customers noticing might want to give Circuit City Stores Inc.'s top brass a call. The electronics retailer is living the nightmare of ...
On Friday, Best Buy and Circuit City reported knockout December sales that beat analyst estimates. Best Buy posted a 7% increase in same-store sales, while Circuit City reported a 4.2% jump.
Circuit City (CC, Fortune 500 ... who are preparing for the year-end holiday shopping season. The November-December period can account for 50% or more of retailers' annual profits and sales.
it broke 150 leases at locations where it no longer operated stores and closed 155 stores in the U.S. in November and December. “Unfortunately, there won’t be a Circuit City after today ...
Circuit City, based in Richmond ... said in a statement that the changes were partly in response to a 5 percent drop in December sales from a year before. "Decisions related to workforce ...
Another 155 U.S. Circuit City stores closed in November and December. But the hobbled credit market and consumer worries proved insurmountable. The company is trying to auction leases for its ...