Random musings on all things cinematical, and otherwise, by Joe Leydon.
Friday, January 16, 2009
The good news is, you'll soon get some great bargains on DVDs and Blu-Ray discs at going-out-of-business sales. The bad news is...
Circuit City Stores Inc., the nation’s second-biggest consumer electronics retailer, reached an agreement with liquidators on Friday to sell the merchandise in its 567 U.S. stores after failing to find a buyer or a refinancing deal.
I read that 50% of Circuit City's operating income is dervied from selling extended warranties. So, that's a bit of a shaky plank to walk anyway. Isn't this the second or third time they've gone out of business?
And, of course, this means even more people without jobs. Yikes.
ReplyDeleteMr. Obama has his work cut out for him.
I read that 50% of Circuit City's operating income is dervied from selling extended warranties. So, that's a bit of a shaky plank to walk anyway. Isn't this the second or third time they've gone out of business?
ReplyDelete