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. source
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
EGM is shutting down Electronic Gaming Monthly was a long-running magazine about video games. They’ve published since 1989, in the days of Megaman and Sonic the Hedgehog. Their last issue will be the January 2009 one. source
EGM is shutting down Electronic Gaming Monthly was a long-running magazine about video games. They’ve published since 1989, in the days of Megaman and Sonic the Hedgehog. Their last issue will be the January 2009 one.
The Web site remains EGM’s web destination, 1UP.com, is pretty popular itself and will stick around. Ziff-Davis, the magazine’s publisher, will sell the site to competitor UGO. 30 jobs will be lost from the EGM divestment. Game over. source