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November 11, 2008
Circuit City: Down, and not likely to get up.
Financial Times: The Richmond, Virginia-based Fortune 500 company, the second largest electronics retailer, files under Chapter 11 of the Bankruptcy Code. Owes HP and Sony a bundle, too. For what it's worth, Circuit City was a leader in spectacularly lame CS at every store we "studied". Lethargy, and GenY-led apathy raised to high art, really jumped out at you. We're not that sad. Bonus bummer: most stores will operate through the holidays.
Circuit City employees keep on working anyway.
Art: M. Judge/MTV
Posted by Holden Oliver (Kitzbühel Desk) at 12:59 AM | Comments (1)