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 02/09/10 at 12:19pm
gellymatos: So, it's wrong to not hire a guy for a position specific to a belief when his belief conflicts with his position.
gellymatos: So, it's wrong to not hire a guy for a position specific to a belief when his belief conflicts with his position.
Posted 02/09/10 at 12:18pm
Valdearg: And either way, it's discrimination. I'm not saying that the Government should force the church to make gay people priests, but there are plenty of other seemingly "religious" posts that really aren't all that religious.
Valdearg: And either way, it's discrimination. I'm not saying that the Government should force the church to make gay people priests, but there are plenty of other seemingly "religious" posts that really aren't all that religious.
Posted 02/09/10 at 12:17pm
Valdearg: There's a fine line between Job Descrimination and Letting them practice their religious "right" to discriminate.
Valdearg: There's a fine line between Job Descrimination and Letting them practice their religious "right" to discriminate.
Posted 02/09/10 at 12:15pm
gellymatos: Oh, and they are worried that "would restrict the right of a church school to employ a head teacher who shared their faith"
gellymatos: Oh, and they are worried that "would restrict the right of a church school to employ a head teacher who shared their faith"
Posted 02/09/10 at 12:15pm
Andrew Eisen: If it is separate, then the church has every right to discriminate against its own members. Put another way, the gov't has no say who the church lets in its own organization.
Andrew Eisen: If it is separate, then the church has every right to discriminate against its own members. Put another way, the gov't has no say who the church lets in its own organization.
Posted 02/09/10 at 12:14pm
Andrew Eisen: Haven't read the law and not sure how it works overseas but is there a separation of church and state?
Andrew Eisen: Haven't read the law and not sure how it works overseas but is there a separation of church and state?
Posted 02/09/10 at 12:14pm
Valdearg: Like I said. He wants the Church to retain it's right to Job Discrimination. He want's the right to be above the law, and discriminate against gays. ALSO, there were provisions in the bill to prevent that scenario, with the priesthood.
Valdearg: Like I said. He wants the Church to retain it's right to Job Discrimination. He want's the right to be above the law, and discriminate against gays. ALSO, there were provisions in the bill to prevent that scenario, with the priesthood.
Posted 02/09/10 at 12:12pm
gellymatos: How about actually reading the article: " which they fear will make them admit homosexuals to the priesthood".
gellymatos: How about actually reading the article: " which they fear will make them admit homosexuals to the priesthood".
Posted 02/09/10 at 12:09pm
Valdearg: So, yeah.. From your official leader, your church OPPOSES equality.
Valdearg: So, yeah.. From your official leader, your church OPPOSES equality.
Posted 02/09/10 at 12:09pm
Valdearg: He wants the church to be able to discriminate against gays. He wants the chruch to be above the law, when it comes to discrimination.
Valdearg: He wants the church to be able to discriminate against gays. He wants the chruch to be above the law, when it comes to discrimination.
Posted 02/09/10 at 12:07pm
Valdearg: http://www.telegraph.co.uk/news/newstopics/politics/7133053/Pope-attacks-Labour-laws-on-equality.html
Valdearg: http://www.telegraph.co.uk/news/newstopics/politics/7133053/Pope-attacks-Labour-laws-on-equality.html
Posted 02/09/10 at 12:07pm
gellymatos: And I never said "we're totally with you guys".
gellymatos: And I never said "we're totally with you guys".
Posted 02/09/10 at 12:07pm
Valdearg: Oh, BTW. Here's the POPE coming out in SUPPORT of Employment Discrimination of Gays.
Valdearg: Oh, BTW. Here's the POPE coming out in SUPPORT of Employment Discrimination of Gays.
Posted 02/09/10 at 12:06pm
gellymatos: Sorry we're not totally on one side or another. It's how we are. It's our belief.
gellymatos: Sorry we're not totally on one side or another. It's how we are. It's our belief.
Posted 02/09/10 at 12:04pm
Valdearg: You can't just pick and choose what rights you want to support and say "Ok, we're totally with you guys, now!"
Valdearg: You can't just pick and choose what rights you want to support and say "Ok, we're totally with you guys, now!"
Posted 02/09/10 at 12:04pm
Valdearg: @Gelly: Again, until your church supports Gay Rights 100%, you are opposed to gay rights.
Valdearg: @Gelly: Again, until your church supports Gay Rights 100%, you are opposed to gay rights.
Posted 02/09/10 at 12:00pm
Andrew Eisen: And when all is said and done, the opposition to the hate crime law is going to lose.
Andrew Eisen: And when all is said and done, the opposition to the hate crime law is going to lose.
Posted 02/09/10 at 11:56am
gellymatos: to us as a whole. One church may get active due to local happenings, but we have bigger concerns faith wise.
gellymatos: to us as a whole. One church may get active due to local happenings, but we have bigger concerns faith wise.
Posted 02/09/10 at 11:55am
gellymatos: On a side note, the denominations that as a whole that oppose gay rights in general aren't catholic. It isn't as big a deal...
gellymatos: On a side note, the denominations that as a whole that oppose gay rights in general aren't catholic. It isn't as big a deal...
Posted 02/09/10 at 11:53am
gellymatos: ... we oppose the hate. I have opposed it. I have seen others of my faith oppose it. It's what we're supposed to do.
gellymatos: ... we oppose the hate. I have opposed it. I have seen others of my faith oppose it. It's what we're supposed to do.
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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.