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Circuit City Corporation, Inc., formerly Circuit City Stores, Inc., is an American consumer electronics retail company, which was founded in 1949 by Samuel Wurtzel as the Wards Company, operated stores across the United States, and pioneered the electronics superstore format in the 1970s. [2] [3] After multiple purchases and a successful run on ...
CarMax, Inc. CarMax, Inc. is a used vehicle retailer based in the United States. It operates two business segments: CarMax Sales Operations and CarMax Auto Finance. The company began as a side business of Circuit City, opening its first location in September 1993 in Richmond, Virginia. As of October 2022, CarMax operates 238 locations.
TigerDirect. TigerDirect was an El Segundo, California -based online retailer dealing in electronics, computers, and computer components. The company was previously owned by Systemax, which is known for its acquisitions of the intellectual property of the defunct U.S. retail chains Circuit City and CompUSA and relaunching them as online retailers.
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Yesterday news broke that Circuit City would announce the imminent closure of 155 retail locations, and this morning the company confirmed the news. Detailing its next plan of action in a lengthy ...
Circuit City was profiled as one of the eleven companies in Jim Collins' 2001 book Good to Great. Wurtzel sold all of his Circuit City Stock in 2000, and left the company in 2001. [ 1 ] Under his leadership, the company grew to be the best performing Fortune 500 Company for any fifteen-year period between 1965 and 1995.
Circuit City, the struggling Big Box electronics retailer, announced earlier this week that it will be closing some 20% of its North American stores in an effort to regain profitability. It will ...
Richard L. "Rick" Sharp (April 12, 1947 – June 24, 2014) was an American business and retail executive who served as the CEO of Circuit City, a former consumer electronics retail chain, from 1986 to 2000. In 1993, Sharp co-founded CarMax, the largest used car retailer in the United States, which grew to more than 135 locations with revenue of ...