Circuit City Stores Inc

  1. Best Buy CEO Eyes Bankrupt Retailer Locations

    January 29, 2009 12:00 AM EST U.S. electronics retailer Best Buy Co could take advantage of bankruptcies in the sector by snapping up vacant store locations, but remains cautious as consumer spending continues to slide. "We are looking at some of those [stores], but our f ...

  2. Circuit City Says In Deal Talks With Two Parties

    January 09, 2009 12:00 AM EST Circuit City Stores Inc said on Friday that it was in deal talks with two parties that could either buy the bankrupt electronics chain or provide additional financing. Mexican retail and media mogul Ricardo Salinas Pliego, who has built up a stake ...

  3. Circuit City Auction Canceled For Lack Of Interest

    December 17, 2008 12:00 AM EST Bankrupt electronics chain Circuit City Stores Inc did not receive enough bids on leases for stores it plans to shutter, forcing it to cancel an auction set for Thursday, a company spokesman said on Wednesday. Circuit City, the second-largest U.S. ...

  4. Wal-Mart Reports Better-Than-Expected Profit

    November 13, 2008 12:00 AM EST Wal-Mart Stores reported better-than-expected quarterly profit on Thursday as shoppers seeking relief from deteriorating global economic conditions scoured its aisles for discounts on groceries and medicine. The world's biggest retailer repor ...

  5. Best Buy Cuts Forecast As Sales Slump

    November 13, 2008 12:00 AM EST Best Buy Co Inc, the No. 1 U.S. electronics chain, slashed its profit forecast on Wednesday, the latest sign that the deepening economic crisis may bring a bleak holiday season, sending the company's shares down 7 percent. Best Buy's war ...

  6. Circuit City To Shut 155 Stores

    November 04, 2008 12:00 AM EST Circuit City Stores Inc said it would close 155 U.S. stores and was considering all options to restructure in the face of a deteriorating cash position and tighter credit terms from vendors. The store closures will help to give the No. 2 U.S. cons ...