Circuit City Stores‚ Inc. specializes in consumer electronics‚ home office products‚ entertainment software‚ and related services. Previously‚ this company was only engaged in domestic business of selling brand-name consumer electronics‚ personal computers‚ entertainment software‚ and related services. In 2004‚ they acquired another chain of stores InterTAN‚ Inc. in Canada. The international segment has 954 retail stores and dealer outlets‚ which consisted of 540 company-owned stores‚ 300 dealer
Premium Balance sheet Security Bond
What are warranties Warranties are different to the automatic consumer guarantees‚ warranties are not compulsory‚ they are the voluntary promise made by the person or business who sold the consumer the goods or services. Once the consumer buys the product or service‚ the promise becomes a right that can be enforced under the Australian Consumer Law. The warranty can be expressed via different ways‚ it can be presented verbally or in writing. These extra promises are about the quality or standard
Premium Contract Management Law
the lack of competitors in the industry due to the current financial crisis. Circuit city has long been a direct competitor with Best Buy and one that Best Buy would need to seriously evaluate until recently. Circuit City has faced serious financial losses over the last year. According to Bigcharts.com‚ Circuit City’s stock price has dropped from $16.52 in May 2007 to $.31 in October 2008. Unfortunately‚ Circuit City will not be able to continue to operate with the losses they have faced. According
Premium Best Buy Competition Electronic engineering
Change Plan: Circuit City Kara Burke Keller Graduate School of Management One major change that took place in the Circuit City organization was its bankruptcy and liquidation of its assets. I was unable to find any communications that occurred within the organization‚ much less externally to stakeholders. What I was able to find were many news communication pieces from third parties. The communications highlighted all the stages of this change‚ from the announcement of bankruptcy filing to
Premium Bankruptcy Communication
Nature of Industry‚ Market‚ and Buying Behavior Best Buy is a retail store with over 600 stores nationwide and over a thousand around the world. It is the major retailer store for electronics around the world and leads top ranked followed by Circuit City‚ Wal-Mart and Costco. The consumer electronics industry is growing steadily over the past few years. 2008’s projected revenue is expected to increase by 6.1%. This isn’t higher than 2007 but it is higher compared to other industries which are failing
Premium Best Buy Geek Squad Customer service
ARTICLE 1. Best Buy Chairman Resigns‚ Plans to Sell Company Stake By Stephanie Mlot (June 7‚ 2012 04:45pm EST) Best Buy’s upper-echelon shake-ups continued this week‚ when its founder announced his resignation. Richard Schulze today said that he will be moving on from the company that he founded almost five decades ago. After 36 years as chairman of the board and Best Buy’s largest shareholder‚ Schulze remains indebted to the company. "I continue to believe in Best Buy and its future —
Premium Best Buy Resignation Termination of employment
did not cause Circuit City to perform so poorly. I have come to this conclusion based off of the section‚ Caveat Emptor‚ and am confident in my response. I do feel as though the variables were measured effectively and were useful in their research. However‚ just because it was useful does not mean they were actually related. The replacement of the highly paid workers with the lower paid workers is not necessarily the reason for Circuit City’s poor performance. Even prior to 2007‚ Circuit City’s stock
Premium Employment Best Buy Airline
Headquarters 9601 S. Meridian Blvd Englewood‚CO80112‚ United States Company Overview Blockbuster Video is a subsidiary of DISH Network With video stores going the way of the dinosaurs (and record stores)‚ movie rental chain Blockbuster has seen its business take a Hollywood-sized hit. With a library of more than 125‚000 movie and game titles‚ Blockbuster has struggled to transform its store-based distribution system to a multi-channel content delivery model. The company’s customers can either
Premium Carl Icahn Renting Netflix
Brief # 1-Circuit City Stores‚ Inc(Defendant) V. Mantor(Plantiff) Procedural History A year after Circuit City‚ Inc terminated Mantor’s employment he brought a civil action in state court alleging twelve causes of action. Circuit City petitioned the district court to compel arbirtration‚ and the distict court granted circuit citys motion to compel arbitration. Mantor appealed‚ argueing that the arbitration process was unforecable because it was unconsiable Issue Was the arbitration contract
Premium Contract Arbitration Civil procedure
the American market. Moreover‚ while exploring ways to repackage computer products sold to Chinese consumers so that they would appeal to the U.S. market‚ which had different design and color preferences‚ Lenovo sold ThinkPads through nearly 700 Circuit City stores‚ thus expanding on earlier deals with Best Buy and Office Depot. Question 4: the global brand awareness section it stated that Lenovo had a US branding problem so they tried to brand themselves with various sports entities. What do you
Premium Revenue Brand management Income