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[DailyT]Blockbuster Makes Public Offer to Buy Circuit City

post #1 of 29
Thread Starter 
Quote:
Blockbuster Inc. today publically announced that it has offered to acquire Circuit City for $6 to $8 per share, resulting in a potential buy of up to $1.35 billion.
Quote:
Circuit City has fallen on hard times as of late. In 2007, Circuit City had cut hundreds to thousands of jobs in an effort to trim the fat. Dropping its workforce wasn’t enough, however, as the retailer also closed nearly 70 stores in North America.
LINK

To be honest, I thought the next electronics store to shut down after compusa, would have been radioshack, but this one surprised me. I keep wanting to think they mean best buy though, not blockbuster, I would think after netflix, blockbuster would be bought out before circuit city.
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post #2 of 29
Not to be a downer, but this is a repost.
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post #3 of 29
Thread Starter 
You know what, Im not saying sorry anymore, I even searched twice.
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post #4 of 29
Wow, I never really liked to Circuit City. Although they had good deals sometimes.
post #5 of 29
wow... crazy that they just built one about 1.5 months ago near me
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post #6 of 29
Yeah I know. They just built 1 and relocated 1 to a newer store here in Knoxville. But then again the new stores suck. Apparently, the new stores have different policies from the older stores. If I've lost my receipt, I can take something brand new back to the older store but the newer stores won't let you take anything back without a receipt unless you paid by CC because apparently now they keep all your CC information on file.

I don't know what's scarier, 1 store with 2 different policies or the fact that they have my freaking CC information on file.
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post #7 of 29
CC buy radio shack, and now Blockbuster want to buy CC. just let warner buy everybody and get this over with. we all know this is where we are going
    
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post #8 of 29
Retail stores are coming to an end

Embrace the future of e-Retail
    
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post #9 of 29
i get a creepy vibe whenever i go inside circuit city. I have the feeling they appeal to the 35+ crowd and are extremely conservative and are not cutting edge. I have been in there a total of 5 times and 2 of those resulted in store employees following me and watching if i was going to steal ****. Give me a break. Epic fail.
post #10 of 29
Quote:
Originally Posted by lowkickqop View Post
i get a creepy vibe whenever i go inside circuit city. I have the feeling they appeal to the 35+ crowd and are extremely conservative and are not cutting edge. I have been in there a total of 5 times and 2 of those resulted in store employees following me and watching if i was going to steal ****. Give me a break. Epic fail.
and if you're talking to the clerk, if somebody older walk in he will immediately leave you to attend the older guy.
    
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