For years, RadioShack had been the "go to" place for hobbyists, as well as the store where one could find everything from speaker cables to electrical adapters, gizmos to gadgets. It appealed as much to people who wanted to build a computer as use one. In the 1990s, it moved away from this market, l...
The Borders near me closed the other month. Wasn't surprising. Ditto for Circuit City. Gone. A few years prior to that it was Hollywood Video that rolled its end credits. The problem is, none of them had to go. They each died of self-inflicted wounds. Sure, a lot of their CEOs came out and blamed Ir...
The retail space is changing. Twenty years ago we used to shop and buy in person at retail stores. Ten years ago, the Internet started a change Wave. We could buy online but were not ready yet. So we shopped online, but we still bought in person at stores. Now we have reversed this trend completely...
Best Buy said Monday it would buy out Carphone Warehouse's interest in its North American Best Buy Mobile business for $1.3 billion. By purchasing the CPW stake, Best Buy is trying to shift more of its focus to mobile devices. Best Buy has asked CPW to stay on in a consultancy capacity for up to fiv...
The consumer electronics marketplace is changing. Will this year be better or worse, stronger or weaker? So far, the reports of holiday technology shopping sound pretty strong this year, with a few bumps in the road. One big bump comes from Best Buy, which delivered some disturbing news. While the r...
Online retail saw a 3 percent year-over-year drop in sales between Nov. 1 and Dec. 23, according to research firm comScore, as economic hardships combined with a calendar that shortened consumers' usual buying period. The decline marked the first dip in online sales since comScore began tracking the...
Consumer electronics giant Best Buy is the latest casualty of the recession and slowdown in consumer spending. The Richfield, Minn.-based company reported a whopping 77 percent drop in year-over-year profit in the third quarter ended Nov. 29 and announced a plan to offer voluntary buyout packages to...
Facing down the nastiest alien creatures in "Gears of War 2" may seem like a cakewalk compared to the big boss battle awaiting the video game industry this Christmas -- maintaining strong sales during an extremely challenging economic environment that has resulted in gaming retail outlets Circuit Ci...
Now you can get your fix of "Bulletproof Monk" and "American Gladiators" -- all without leaving the comfort of YouTube. Yes, the king of user-generated, short-form video is now embracing the other kind: studio-generated, feature-length films. Yes, this is the same YouTube that said long-form video w...
Just two days after regional consumer electronics chain Circuit City declared bankruptcy, Best Buy has slashed its earnings forecast for the upcoming holiday season and much of 2009. The retail giant forecast fiscal 2009 earnings of about $2.30 to $2.90 per share, down from a prior forecast of $3.25...
While other consumer electronics makers are headed for a rough holiday season, two standouts in the industry are expected to rise above the rest -- Apple and Dell. A survey by ChangeWave concluded that the U.S. is on the brink of experiencing a "massive breakdown in consumer spending" just in time f...
Circuit City has filed for reorganization relief in the United States Bankruptcy Court for the Eastern District of Virginia in Richmond. The retailer -- No. 2 in the electronics goods space after Best Buy -- has clearly been struggling for the last several months. In November alone, it slashed its w...
The same credit problems that have hit many a home mortgage holder are also threatening to unplug troubled electronics big-box store Circuit City. The nation's second-largest seller of consumer electronics said Monday it will close 155 stores, lay off up to 17 percent of its 43,000-employee U.S. wor...
In the two weeks following the launch of Nintendo's "Wii Fit" for its popular Wii video game console, consumers have found the exercise game challenging -- challenging to find, that is. Trying to locate the $90 game/controller combo at retailers such as Amazon.com, Best Buy, Circuit City and GameSto...
Circuit City will allow Blockbuster and its largest shareholder, Carl Icahn, to look into the company's finances in connection with the video rental company's proposed buyout offer. Circuit City also revealed that it has hired Goldman Sachs to help the company look into strategic alternatives to bui...
Yes - I'm more likely to buy with flexible payment options.
Sometimes - It depends on the item and terms.
Rarely - I typically prefer paying upfront to avoid debt.
Not at All - My purchase decisions are based on need and budget.
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