Death Spiral? Sony Cuts off Circuit City Shipments
Death Spiral? Sony Cuts off Circuit City Shipments
November 1, 2008
Gizmodo reports that PlayStation manufacturer Sony literally turned its trucks around in mid-delivery yesterday over fears that struggling retailer Cicuit City would not be able to pay for the merchandise.
As GamePolitics reported in mid-October (see: Circuit City Facing Game Over), Sony's move could be the final blow for Circuit City. Look for a domino effect as other suppliers follow suit, leaving the troubled chain without merch to sell.
Circuit City currently controls 5-10% of the retail video game market.
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Posted 11/07/09 at 04:27pm
ZippyDSMlee: man I got alot of junk and dup files too >< god I need orginization...and no not the knee capping media mafia kind :P
ZippyDSMlee: man I got alot of junk and dup files too >< god I need orginization...and no not the knee capping media mafia kind :P
Posted 11/07/09 at 04:26pm
ZippyDSMlee: replaced :P
ZippyDSMlee: replaced :P
Posted 11/07/09 at 04:23pm
ZippyDSMlee: beemoh:hey its like 60GB porn,400GB anime 100GB games and crap I have took from all my DVDs, I hate waiting on dvds to install stuff..... oh and 40GB of my porn was in the found.000 folder...mostly corrupted.... least I got names of wut needs to be repa
ZippyDSMlee: beemoh:hey its like 60GB porn,400GB anime 100GB games and crap I have took from all my DVDs, I hate waiting on dvds to install stuff..... oh and 40GB of my porn was in the found.000 folder...mostly corrupted.... least I got names of wut needs to be repa
Posted 11/07/09 at 04:18pm
beemoh: @Zip: ...and you'd have to spend all that time re-downloading that porn?
beemoh: @Zip: ...and you'd have to spend all that time re-downloading that porn?
Posted 11/07/09 at 03:34pm
ZippyDSMlee: ggrrrrr......vista lost one of my hard drives and I had a heart attack thinking I lost 1TB of data....
ZippyDSMlee: ggrrrrr......vista lost one of my hard drives and I had a heart attack thinking I lost 1TB of data....
Posted 11/07/09 at 10:58am
JDKJ: Which could be explained by both (a) and (b).
JDKJ: Which could be explained by both (a) and (b).
Posted 11/07/09 at 10:56am
Austin_Lewis: JDKJ: You forgot C) the fact that, for some reason, every time he did something that would suggest he shouldn't be in the military, let alone an officer, higher ups ignored it or let it slide.
Austin_Lewis: JDKJ: You forgot C) the fact that, for some reason, every time he did something that would suggest he shouldn't be in the military, let alone an officer, higher ups ignored it or let it slide.
Posted 11/07/09 at 10:51am
JDKJ: Part of the problem is, I believe, that (a) the Army had a lot of time and money already invested in him and which they were unwilling to simply write-off and (b) an increasing need for the type of skills and services he provided.
JDKJ: Part of the problem is, I believe, that (a) the Army had a lot of time and money already invested in him and which they were unwilling to simply write-off and (b) an increasing need for the type of skills and services he provided.
Posted 11/07/09 at 10:48am
JDKJ: And that even if he was begging not to get cut loose, he was apparently a real good candidate for being cut loose, anyway.
JDKJ: And that even if he was begging not to get cut loose, he was apparently a real good candidate for being cut loose, anyway.
Posted 11/07/09 at 10:11am
JDKJ: @chada: And while Kennedy once noted that there's usually more than enough blame for everyone to get a slice, the possibility that the Army was unwilling to cut loose someone who was asking to get cut loose could be a factor.
JDKJ: @chada: And while Kennedy once noted that there's usually more than enough blame for everyone to get a slice, the possibility that the Army was unwilling to cut loose someone who was asking to get cut loose could be a factor.
Posted 11/07/09 at 10:07am
ZippyDSMlee: *noms on his feet*..nomnomnomnom*droooll* ...wuuutttttt uuu looking at?
ZippyDSMlee: *noms on his feet*..nomnomnomnom*droooll* ...wuuutttttt uuu looking at?
Posted 11/07/09 at 10:05am
JDKJ: I'm no psychologist, but I'm told that crazy people have a tendency to do crazy things.
JDKJ: I'm no psychologist, but I'm told that crazy people have a tendency to do crazy things.
Posted 11/07/09 at 10:03am
chadachada321: Whoops, was out of the convo for awhile. I do wonder what type of ammo he used etc, but the real issue is WHY he did it, not HOW
chadachada321: Whoops, was out of the convo for awhile. I do wonder what type of ammo he used etc, but the real issue is WHY he did it, not HOW
Posted 11/07/09 at 09:56am
JDKJ: But if it turns out that they actually did, they'll have Hell to pay.
JDKJ: But if it turns out that they actually did, they'll have Hell to pay.
Posted 11/07/09 at 09:45am
JDKJ: And I'd tend to rule out the possibilty of FN Herstal supplying restricted ammunition to someone merely because they're ordering it from a military base.
JDKJ: And I'd tend to rule out the possibilty of FN Herstal supplying restricted ammunition to someone merely because they're ordering it from a military base.
Posted 11/07/09 at 09:37am
JDKJ: I know you don't leave your gated community and get around much in dark alleys, so you may be surprised to learn that there's this thing called "the black market" where, if you've got enough money, ain't too much of anything which can't be bought.
JDKJ: I know you don't leave your gated community and get around much in dark alleys, so you may be surprised to learn that there's this thing called "the black market" where, if you've got enough money, ain't too much of anything which can't be bought.
Posted 11/07/09 at 09:36am
Austin_Lewis: Or, maybe he or someone else at the base ordered the SS190 from FN Herstal.
Austin_Lewis: Or, maybe he or someone else at the base ordered the SS190 from FN Herstal.
Posted 11/07/09 at 09:32am
Austin_Lewis: the hands of private owners. They run about 300 dollars minimum for a box of 50, and boxes of AP 5.7 are extremely scarce, mainly residing in the hands of Class III stores or individuals who for one reason or another got a demo box of it.
Austin_Lewis: the hands of private owners. They run about 300 dollars minimum for a box of 50, and boxes of AP 5.7 are extremely scarce, mainly residing in the hands of Class III stores or individuals who for one reason or another got a demo box of it.
Posted 11/07/09 at 09:30am
Austin_Lewis: There are other firearms that fire the 5.7. However, I too would like to know where he got the ammo and what kind was used. Maybe Hasan, planning not to live through this, went out and bought one the boxes of SS190 that are floating around in
Austin_Lewis: There are other firearms that fire the 5.7. However, I too would like to know where he got the ammo and what kind was used. Maybe Hasan, planning not to live through this, went out and bought one the boxes of SS190 that are floating around in
Posted 11/07/09 at 08:44am
JDKJ: And it isn't yet clear what type of ammunition Hasan used. It's strange that he purchased a gun but didn't purchase ammunition for it at the same place and time. Especially because the calibre required is peculiar to the actual gun.
JDKJ: And it isn't yet clear what type of ammunition Hasan used. It's strange that he purchased a gun but didn't purchase ammunition for it at the same place and time. Especially because the calibre required is peculiar to the actual gun.
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Comments
i don't feel bad for circuit city in general... just the employees... :/
Jesus Jack Jones Thompson.... is dead... (funeral udruge, followed by Celebrate :D )
i'll be a vulture on that "going out of business" corpse soon.
Here are we -- and yonder yawns the universe.
I don't care for any of the 'big box' electronic retailers, their sales staff are less than useless. But having a competitor exit the market is usually bad for consumers, and with the US economy in its current state it is bad for the country as a whole.
Do you know what happened in the 30's. There was a rumour that some huge businesses are going bankruptcy, so everyone believes it and starts selling their stock like crazy, dropping down the price to a point that businesses really do become bankrupt.
Circuit City is going to bankrupt because of moves like these. They are failing because of stupid baseless rumours.
You do realize that theGreat Depression was more than a stock market crash right. The stocks dropped then quickly climbed back up to the previous years level and then dropped again because the consumers weren't spending as much but it wouldn't have been near the problem if it wasn't for the the dustbowl and several other events like Britain attempting to go back to the gold standard. Sony is not panicking they are thinking carefully about how much of an impact it would be if Circuit City cannot pay. Take a look at wallstreet there are a lot more problems than 'panic'.
No... Circut city is going our of busines because they are a shit company. A few years back they either fired, or told their experienced sales staff that they were recieving a signifigant pay cut(Many of them quit). All in the name of cutting costs.
Their sales staff currently sucks at any store I've been too. They used to ahve knowledgeable and helpful folks now they have idiots and highschool dropouts. I can't go look at new speaker equipment their because anytime I do, I get bothered by salesmen who make weak jokes about how this goes to 11. I also get tired of them trying to tell me that the only cables I should use are those fucking monster cables which cost 10 times as much as the cables I can make myself, and don't sound any better.
Thats why that shit company is going out of business and good fucking riddance.
Actually Circuit City's stock is worth currently in the margins of cents not dollars. You can buy Circuit City's stock for I think its less then fifty cents now. The NASDAQ is threatening to take them off their list if they dont reach over a dollar in six months
FIRE SALES AHOY!
i intend to capitalize on circuit city's misfortune. there are a lot of games and other electronics i've been wanting, looks like i will be getting them soon.
It is not murder; I am merely advancing the hands of the clock, just a bit.
Seconded!
I remember when Suncoast had 80% off of everything it was nice
Yes I also plan to go crazy when they have a going out of business sale.
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"What for you bury me in the cold cold ground?" - Tasmanian devil
When you got gas at 5 dollars a galleon in some places yeah your going to cut back, big time. After August anymore I refuse to drive 70 I drive 45 and 55 on every major highway. Oil has losts its value we are going to drive but not as much
Is it still that costly around the country? It was $4-5/gallon out here in the Baltimore area for the last couple years, but it's dropped tremendously over the last few months. We passed by a station just today where the cheap gas was $2.29/gallon.
Too bad, so sad circuit city.
One of my friends got the training there. They literally told him to lie about the product to sell the warranty so he got the commission.
I've always referred to them as the electronic ghetto.
I don't know when your friend worked for Circuit City, but no sales associates get commission anymore. They get bonuses...but no commission.
The retailers would probably do better by not selling game consoles at all. The profit margins on the consoles for retailers are somewhere in the 1% - 2% range. After shrinkage, returns and customer service I don't think they make any money out of the hardware.
-- http://pixelantes.blogspot.com/
Eh, I won't miss them. I'd rather see Best Buy and Fry's flurish. I like them quite a bit more. Which is to say, I don't like CC at all.
Circuit City has been a sinking ship for some years but I hope that they are able to ride this out and come back. Their new concept stores called "The City" are smaller and focus primarily on TV sales (which is what the crux of their business was when they first started some thirty years ago) and their gaming station is just freakin' cool. It seems like they are trying to get a more hands on type of feel to their stores which causes it to be more accessible than Best Buy.
I don't even think you can compare it to Best Buy anymore though because BB does it all, has a huge music/movie collection, sales appliances, and actually knows how to do business (though I still can't stand speaking with their Geeksquad). Circuit City had a worthless CEO who drove the company into the ground...now that he's gone, I have high hopes that the company can turn things around. Granted this is going to involve massive layoffs, and many store closings....but it could be done...and a competitive market is much better than a Best Buy controlled industry.