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I'm not sad at all to see a lot of these worthless retail ripoffs go out of business

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specimenfred1984 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-16-09 12:41 PM
Original message
I'm not sad at all to see a lot of these worthless retail ripoffs go out of business
So Circuit City goes away, what did anybody need from them anyway?
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Tandalayo_Scheisskopf Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-16-09 12:42 PM
Response to Original message
1. Jobs nt
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davepc Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-16-09 12:42 PM
Response to Original message
2. Well the people who worked there probably needed the jobs...for one.
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Chulanowa Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-16-09 12:46 PM
Response to Reply #2
6. Shh shh shh...
Don't let reality dampen the self-righteous indignation!
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Deja Q Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-16-09 12:44 PM
Response to Original message
3. Given their* salespeople con people into buying what's most profitable than what's needed,
all I can say is "toodles".

Sorry to sound like a communist; having been in sales before, people need what they need. Make them repeat customers. Not one time victims for "legalized thievery" because the $800 model will give them a tad more whateverness. (I'd mention real products and real situations but I will not start a tangential flame war. As much fun as it'd otherwise be to see the usual fanboys get angry or orgasmic over what I'd have to say, of course...)




* A generalization, not lobbed at Circuit City
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Buzz Clik Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-16-09 12:44 PM
Response to Original message
4. I bought a wireless router, laptop computer, headphones....
and other stuff. I prefer Best Buy, but I like Circuit City just fine.
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FSogol Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-16-09 12:45 PM
Response to Original message
5. 35,000 people now looking for work. While you might consider them rip off merchants,
they created and staffed a business that allowed their employees to earn money. That's why they were needed and will be missed.
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AndyA Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-16-09 12:47 PM
Response to Original message
7. Cicuit City got what it deserved.
When they decided to fire all their experienced sales staff a few years ago, I took the time to write a note to them telling them this was a horrible mistake, and that sales would suffer.

I got a "thank you for your concern, but we feel..." response back. And here we are: I was right.

What upsets me is the employees who lost their jobs, and the current employees who are being dumped on a job market that sucks right now. The CEOs and executives who made the bad decisions will not suffer, they can live off of their savings for many years, no doubt.

CC got what was coming to it, but I hope its employees will be able to find other work quickly.
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Johonny Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-16-09 02:02 PM
Response to Reply #7
18. I got to side with you
These weren't every day retail jobs. Their products went over 1000 $ in value. When you going to buy a 3-4 K home system you want to talk to a professional retail staffer that knows their product.
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I814U Donating Member (65 posts) Send PM | Profile | Ignore Fri Jan-16-09 12:50 PM
Response to Original message
8. Well...Wal-Mart isn't going out of business...
...so that means whatever consumer activity that was once going to Circuit City will redirect to Wally-World.

Not to mention the already mentioned loss of jobs.

The oppressors get richer and the working class suffers.
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leftstreet Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-16-09 12:58 PM
Response to Reply #8
10. Wait til the financial bailout gives us one or two Wally Banks
As they're buying up and consolidating on our dime!
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Democrats_win Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-16-09 12:55 PM
Response to Original message
9. Note, they're just in bankruptcy--many stores will continue to occupy space.
It's true, they don't have much that I want. They only have what they "think" you want. Surely in a world of cable TV, they'd figure out that we don't need 10,000 copies of Appaloosa.
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SoCalNative Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-16-09 01:12 PM
Response to Reply #9
11. No they're liquidating all of their stores
Circuit City and liquidators to sell off merchandise in remaining 567 US stores

Bankrupt Circuit City Stores Inc., the nation's second-biggest consumer electronics retailer, said Friday it failed to find a buyer and will liquidate its 567 U.S. stores. The closures could send another 30,000 people into the ranks of the unemployed.

"This is the only possible path for our company," James A. Marcum, acting chief executive, said in a statement. "We are extremely disappointed by this outcome."

The company had been seeking a buyer or a deal to refinance its debt, but the hobbled credit market and consumer worries proved insurmountable.

The liquidation of Circuit City is the latest fallout from the worst holiday shopping season in four decases. People have slashed their spending since the financial meltdown in September as they worry about their job security and declining retirement funds.


http://www.chicagotribune.com/business/sns-ap-circuit-city-bankruptcy,0,2951948.story
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taught_me_patience Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-16-09 01:23 PM
Response to Original message
12. 30k + Jobs lost
Plus countless supplier jobs. I work on a team that calls on CC and people are freaking out.
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4 t 4 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-16-09 01:32 PM
Response to Reply #12
14. I only care about the people
and their jobs as far as I am concerned these giant companies can all go to hell. No More Giant companies of any kind.
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elocs Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-16-09 01:31 PM
Response to Original message
13. I would love to see the long line of businesses whittled away and go out of business
based on the criterion of "what did anybody need from them anyway?" I wonder how many DUers might find themselves out of work based on that notion? Yes, how many would lose their jobs, their homes, and their families would suffer? Well, I guess there's nothing like a compassionate Democrat as long as they keep their job in their much needed business.
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blues90 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-16-09 01:34 PM
Response to Original message
15. People need jobs no doubt
I used to go to circuit city years ago and only because they were one of the places that wiped out the small electroics store I used to go to. I used to go to radio shack who were once the place to go and had just about everything you needed, now they are a waste with nothing but crap.

But when you talk about jobs what sort of jobs were these and are these at wally world and any other huge abomination called a box store? People can't make enough to live and the places are so huge that just going in one is a horror story. These box stores were the creation of a mindset to sell cheap and opened the door to China and in the process along with the publics willingness to shop there is what forced small independant companies to close and those that were still standing were forced to sell the same shit as the box stores.

What about the american manufacturing jobs that vanished because of these chain box stores , those were real jobs.

If this had not happened we might still have union jobs with a living wage and good products.

I still have a made in USA GE radio and have bought quite a few brand names radios made everywhere but here only because they had features the old one did not but they last a year or less and out comes the old GE and it still works so I gave up replacing crap with more crap. Sony used to mean quaility at one time yet I have here a sony stereo radio , cassette and CD boombox and after a year the cassette deck played with a warble and opened it up to find the entire cassette drive consisted of nothing but plastic parts and is designed to be replaced not change a belt. The old panasonic is all metal and 16 years old and it still works perfect. Even though they were not made here they were quality products at a price more than the new stuff. Japan did the smae thing the US did , outsource to china or malaysia or other cheap labor countries so what do you save in the long run other than to create landfill.

They brought the box store here and the people bought into it so it is really the peoples fault for buying into the hype. In the end we lose and will continue to lose.

Circuit city and wallyworld are an illuision fed by american ignorance.

How may TV repair shops to you see these days , there is nothing to repair so once agin there goes an independant job where people made a living wage and provided good service. All gone and now forgotten.
Your new ford may say ford but since I worked in ford dealers most of the car parts are built all over the globe of cheap to the lowest bider parts and assembled here , once again american factory jobs gone forever at a living and union wage.

So you can kid yourself all you want but those who think these new jobs are jobs are fools and you helped do it and cut your own throats in doing so. You choose , buy something that lasts 20 years and pay once or keep replacing crap each year. Their selling point now is the new model hs more than the old and do you really need the new when the old worked just fine.

I've seen this with guitars and amplifiers, power tools and even fishing gear that were once made here and lasted forever and could be repaired and now crap that is made all over the globe that never worked as well as the old items that are now 30 or more years old.


Somehow I just don't feel comfortable using a circular saw made of plastic with a wobbley base and a plastic blade guard or a plastic router spinning at 30,000 rpm that cost more than the old metal one that is still the one that works just fine.
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xchrom Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-16-09 01:36 PM
Response to Original message
16. how nice that to see that your
superiority complex fixation got a fix.
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MadHound Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-16-09 01:38 PM
Response to Original message
17. Hmm, let's see, jobs, tax revenue, revenue for other businesses
For instance all those CC stores paid rent to local landlords, paid for utilities and other items needed for business. Now with CC going out of business, all that goes away.

Nice to see schadenfreude like yours as the ripple effect from stores like CC closing continues to harm the entire country. What, fiddling while the economy burns isn't enough for you, you've got to deliberately wish harm upon people? You are an insensitive ass:puke:
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