Circuit City: What Ever Happened To Sears's Success

152 Words1 Pages
What ever happened to Circuit City, the retailer that was once the largest appliance store, second to Sears, is now defunct? The cause has been attributed to, poor business choices, lack of innovation, poor store locations, and poor investments. Circuit City also had taken the leap, and entered into the automobile market, creating CarMax. Along with the success of CarMax, the company decided to rid itself of it's biggest money maker, appliances. This was not a smart move. You could say, this was the beginning of the end. To push the company further into disarray, the company released over 3,000 employees. These people were their top sales employees. They were replaced by less experienced, lower paid employees. Then, there was the idea