systemax

Circuit City has reopened as an online-only business under new management. However, it's brought in a tough, new returns policy which many consumers will consider a gamble. One of the first major victims of the economic downturn , Circuit City went ... into liquidation last November. Its woes were cause by a combination of poor sales and bad timing: the firm's struggling business prompted wary creditors to offer much less generous terms. This stretched its cash flow to the point where it could no longer operate. Circuit City had already received threats that if its stock price continued to hover ... (view more)