Did Circuit City go out of business?

In November 2008, the 59-year-old company filed for bankruptcy. Within months, it closed its stores and liquidat- ed more than $1 billion worth of merchandise, and on March 8, 2009, the last Circuit City store turned off its lights for good.

Is Circuit City still alive?

Circuit City made a comeback in 2018. Under its new owner, Ronny Shmoel, Circuit City planned to open kiosks, stores within other stores and eventually its own showrooms. The brand is still alive but it’s far from being a behemoth it was twelve years ago.

Is Circuit City now Best Buy?

In hindsight, had Circuit City acquired Best Buy for $30 million in stock or cash, it would have been the best money we ever spent. At the least, it would have eliminated a future competitor.

Is Circuit City legit?

CircuitCity.com has a consumer rating of 1.81 stars from 8 reviews indicating that most customers are generally dissatisfied with their purchases. CircuitCity.com ranks 444th among Electronics sites.

Is Radio Shack still in existence?

About 400 RadioShack locations remain open, but operate independently from the REV-owned parent company.

Is RadioShack coming back?

RadioShack will be celebrating its 100th birthday in 2021, and while there are still 400 locations open, this new take on the brand won’t focusing on physical retail locations as Mehr and Lopez attempt to bring back the luster to the brand and return it to profitability. And the brand is very, very strong.

Why did Circuit City fail but not Best Buy?

Stores became too impersonal and too large. As Best Buy took off, Circuit City became merely reactive and not innovative. To please Wall Street analysts, it went on a store expansion spree that resulted in too many stores in dicey neighborhoods.

Who owns Circuit City now?

Ronny Shmoel
Circuit City

Screenshot of CircuitCity.com on April 16, 2020.
Headquarters	Richmond, Virginia , United States
Products	Consumer electronics
Owner	Ronny Shmoel
Website	circuitcity.com