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On Sat, 17 Jan 2009 08:31:19 -0500, "JoeSpareBedroom"
wrote: "John H" wrote in message .. . On Fri, 16 Jan 2009 21:40:58 -0500, "Eisboch" wrote: "hk" wrote in message news:tOKdnSJgIZhGpezUnZ2dnUVZ_jOdnZ2d@earthlink .com... Circuit City to liquidate, shutter stores Fri Jan 16, 2009 8:08pm EST By Karen Jacobs and Emily Chasan ATLANTA/RICHMOND, Virginia (Reuters) - Bankrupt electronics retailer Circuit City Stores said on Friday it will liquidate its assets and shutter hundreds of U.S. stores after failing to reach a deal to sell the company. Good riddance. Circuit City was one of the worst retail stores for consumer electronics (or anything for that matter) that I can think of. Sales "associates" walking around with cell phones stuck in their ear, talking to friends or congregating in groups yuking it up while customers wait at the register to pay for purchases or need assistance. We had two in this area, one was in business for several years, the other relatively new. Both stores had the same cavalier culture when it came to the customers. Plus, typically they didn't know anything about the products they sold. Most were high school kids working after school. At least Best Buy has some trained sales associates that know something about what they sell. For the market it was supposed to serve, Circuit City was no better than a Target or Wal-Mart. I am surprised they stayed in business as long as they did, economic slowdown or no economic slowdown. Eisboch I wish someone could explain the satisfaction Harry finds in the fact that companies are going out of business. Is this good for liberals somehow? Circuit City had employees who had jobs, even if those folks did nothing. Is it in the best interest of liberals that the unemployed numbers grow larger? I'm missing something somewhere. Yes, you are missing something, and so is Harry. Circuit City was in bad shape way before the economy went down the toilet. There are badly run businesses and there are well run businesses. Capitalism is based on competition - the survival of the fittest. Circuit City deserved to die. I feel bad for their employees, but hopefully, a few of them will learn a lesson from their experience. Probably not, though, because their managers expected to make money for doing pretty much nothing special, so they were lousy role models. When I was in the audio business, we expected new employees to learn every piece of equipment in the store. On slow days, we'd send them to the upstairs office during lunch with a receiver or whatever, and told them to learn it until they could work it blindfolded. If there were no customers, we'd stick them in the sound room and tell them to listen hard to all the speakers until they could describe the differences adequately. We made them study, in other words. We all took home demo pieces overnight to learning purposes. A friend from those days is now an independent sales trainer. He said "no" to working for CC after one disturbing experience. He played customer & called our local store, asking if they had a certain Harmon Kardon receiver in stock. The employee told him they didn't carry Harmon Kardon. My friend knew, of course, that they carried HK, and several HK items had been featured in their Sunday newspaper ad that same week. When he told their regional manager about his experience, the guy pretty much yawned and said "That's why we want you to do training for us." My friend said no thanks, figuring that if the employees didn't care enough to walk around their own store and see what brands they carried, sales training was the least of their problems. Even worse was that the manager didn't have clue about the real problem. The only advantage CC offered me was the ability to order online and pick up an item at the store. That's pretty expensive real estate for what amounts to nothing but a warehouse. Meanwhile, we have the perfect model of capitalism here. Maybe Rochester customers have high expectations because of this company: http://www.cato.org/pub_display.php?pub_id=3795 http://www.forbes.com/forbes/2003/1124/166_print.html http://money.cnn.com/magazines/fortu...4048/index.htm Doug, it's not the focus on CC that prompted my question. It's the posting of any article which discusses the problems companies are having, and the gloating that occurs therewith. *That's* what I don't understand. Why take pleasure in the fact that companies (any company) is going out of business? |
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