Day in Tech History

January 16: Circuit City Plans to Go out of Business

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Day in Tech History

Jeffrey Powers

Madison, WI

Description: For the Tech History Geek in all of us

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January 16: Circuit City Plans to Go out of Business

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Circuit City

2009 - You can be #2, and still not be doing all that great. This was the case for Circuit City. A failed buyout opportunity from Blockbuster and they were at the same point as CompUSA a couple years prior. Therefore, officials announced they will be closing the remaining stores and selling all assets.Ironically enough, Circuit City’s website assets were acquired by SystemMax – the same company that holds Comp USA’s web assets.

Wikazine – Full show notes for January 16

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