• A minor glimmer of hope. Despite the forthcoming closing of the No. 2 electronics retailer in the country, an investor could still come to save the business. Otherwise, they’ll start liquidating, with an end date of March 31. Their Canadian business will remain open.
• An online business? Circuit City does about $1 billion in online-only sales, and there’s still a chance they could come back as an online retailer. “This would eliminate overhead costs, vendor conflicts and other issues,” said Love Goel, CEO of Growth Ventures Group, an investment banking firm. source

Posted by Ernie Smith • Permalink