Who is the owner of Circuit City Stores?
Who is the owner of Circuit City Stores?
Circuit City Corporation is an American consumer electronics retail company, established by Ronny Shmoel in 2016 as part of his acquisition of the brand name and trademark rights sold by Systemax, which formerly operated the CircuitCity.com website from 2009 until 2012, when it was consolidated into the TigerDirect brand.
Who are the layoffs at Community Impact Newspaper?
Lee Enterprises had furloughs and cost-cutting measures, including a 20% pay cut for executives. It owns two newspapers in Arizona. Community Impact Newspaper, which owns two publications in Arizona, laid off 21 people, Poynter has learned. Gannett had furloughs and cost reductions.
Are there any layoffs in the California newsroom?
Starting last year and through March, the Lodi (California) News-Sentinel laid off five people, four from the newsroom and one in design, Poynter has learned. The newsroom has also had 20% pay cuts since summer. It is owned by Central Valley News-Sentinel Inc. NBCU has laid off 130 employees in Los Angeles since the start of the year.
Are there any layoffs at the Lodi News-Sentinel?
It owns eight newspapers in Arkansas. Starting last year and through March, the Lodi (California) News-Sentinel laid off five people, four from the newsroom and one in design, Poynter has learned. The newsroom has also had 20% pay cuts since summer.
When was the last day of Circuit City Stores?
The final day of operations for all Circuit City stores was March 8, 2009. Besides retail auto dealerships, Circuit City closed more retail locations in the U.S. than any other retail chain in 2009.
Who is the Chief Financial Officer of Circuit City?
Circuit City announced on February 23, 2007 that its Chief Financial Officer, Michael Foss, would leave the company. This unsettled investors and analysts concerned about management turnover.
How much did it cost to retrofit Circuit City?
Music and movie sales had been added to most stores years before, but the extra space allowed the selection to be added to smaller stores. The retrofitting project alone cost the company US$1.5 billion.
Why did Circuit City abandon the appliance business?
In July 2000, Circuit City abandoned the large appliance business in all stores to make space for more small electronics. This was controversial because in the previous year Circuit City was the second largest appliance retailer in the United States, behind only Sears.