You may not have noticed, but CircuitCity.com relaunched on May 19th under new management. Systemax bought the Circuit City website for $14 million in cash plus a share of future revenue over the next 30 months. When CompUSA was close...
I read an interesting article in Forbes called Why Retailing Will Never Be The Same Again. It says that the industry is splitting into three camps: those that compete on price, those that compete on uniqueness, and those that can't...
As continued proof that retail is taking it on the chin, About.com published their list of retail bankruptcies for 2008 and 2009. It contains well-known brands such as KB Toys, Linens 'N Things, Circuit City, and the latest victim Ritz...
The closing of Circuit City was bad enough, but the ripple effects that will be felt across the US are only just beginning. This ABC News article looks at the side-effects of such a large closing, especially with respect to...
Realizing that the Web is becoming more social, Best Buy made a great move by exposing their on-line product catalog to developers on the Web. Now website developers can include pictures, prices, searches, and reviews from www.BestBuy.com in their own...
As a former Circuit City employee, I was saddened to hear that CC will be liquidating after not securing a buyer interested in preserving the retail chain. All remaining 567 stores will be liquidated in order to settle its substantial...
If you caught my article in RIS News entitled Web 2.0 Shapes the Next Generation of Enterprise Retail Software, then you have some idea of Oracle Retail's direction for user interface design. But here's a little more detail for those...
Just about all retailers offer gift cards these days. They make shopping so much easier for people struggling to find the perfect gift. You can even get a $100,000 gift card from Four Season's if you're feeling particularly generous. (Let...
After announcing it would close 155 stores then laying off several hundred people at its Richmond, Virginia headquarters, Circuit City announced this morning that it has filed for Chapter 11 protection. This follows the demise of Gateway Country Stores, Good...
For a few retailers, there will be no Christmas at all. This year several have announced closings and associated "going out of business sales." Shoe Pavillion, a 64-store retailer that has been in business for 29 years, is closing all...
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