Circuit City's holidays not so happy
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The electronics company posts a big loss amid a variety of problems the company says are "self-induced." It also warns it expects an operating loss for the current quarter, which includes the rest of the holiday selling season.
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Circuit City Stores Inc., the nation's No. 2 consumer electronics retailer, said Thursday it plans to close seven domestic Superstores, a distribution center and 62 company-owned stores overseas to cut costs and improve its financial performance.
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Imagine buying a CD at Best Buy (BBY ) only to discover that it won&#39;t work on the CD player you bought at Circuit City (CC ). Absurd as it sounds, this sort of situation is the rule rather than the exception in the world of legally downloaded music.
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Consumer electronics retailer Circuit  City Stores Inc.  plans another round of job cuts,  affecting about 850 store managers and headquarters staff, the  Wall Street Journal reported in its online edition on Thursday.
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Circuit City, still smarting from the vicious price war of the past few months over flat-panel TV sets, yesterday announced plans to close dozens of stores, fire workers and shake up top management.
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Circuit City Stores Inc. (CC.N: Quote, Profile, Research) , the No. 2 US electronics chain, on Monday reported a surprise 4.3 percent drop in quarterly sales at stores open at least
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Circuit City Stores Inc. CC.N on  Tuesday reported a 2.9 percent gain in quarterly same-store  sales but its growth lagged estimates due to a calendar shift  and reduced spending through August.
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Circuit City Stores Inc. on Tuesday said sales at stores open at least a year rose 2.9 percent in its latest quarter, but growth was restrained by &quot;softer&quot; sales in August and because the Labor Day holiday fell out of the period.
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Circuit City (NYSE: CC), like its rival Best Buy (NYSE: BBY), preannounces its sales numbers every quarter. Today, where Circuit City&#39;s second quarter was concerned
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Electronics retailer Circuit City  Stores Inc  posted a quarterly loss on Thursday as sales  fell and the company cut jobs in an effort to turn business  around.
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Circuit City Stores Inc. , on Friday reported a smaller quarterly loss as it kept a tight rein on expenses and demand increased for digital televisions, notebook computers and other popular products.
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By Zinie Chen Sampson Associated Press  RICHMOND, Va. -- Electronics retailer Circuit City Stores Inc.
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Circuit City Stores Inc. CC.N, the  No. 2 U.S. electronics retailer, on Wednesday said it failed to  draw in enough holiday shoppers to hit its December sales  estimates, sending its shares down over 6 percent.
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Circuit City has a plan to turn the company around, but significant challenges remain.
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It may be up to Pittsburgh shoppers to determine if consumer electronics retailer Circuit City continues its foray into the eBay drop-off business.
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Electronics retailer Circuit City Stores Inc. said Monday its same-store sales fell 11.4 percent in December, as strength in the last two weeks of the month was not enough to offset earlier weakness.
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Circuit City Stores Inc. reported a smaller quarterly loss Friday as it kept a tight rein on expenses and demand increased for digital televisions, notebook computers and other popular products.