Oops, Remember Circuit City's cost cutting attempt?

imported_Shivetya

Platinum Member
Jul 7, 2005
2,978
1
0
Well it looks like it cut their sales as well. Call it Capitalism in Action. The result was ever so obvious, well obvious to anyone outside of CC's management. You know that other retailiers were probably just laughing when they heard of what CC was doing.

Deutsche Bank research analyst Mike Baker wrote Circuit City's labor change hurt its service levels and enabled chief competitor Best Buy Co. "to take share."

People are not going to purchase 1000+ dollars of electronics from know-nothings. Experience in the industry, and that means sales people who know and enjoy their job, counts in the retail sector.

Plus add in all of us who refuse to shop there because of their corporate stupidity. Just a note, I do not deny that Circuit City had the right to do what they wanted, they also have to face the consequences too. They misdirected the fault for their declining sales on "overpaid" employees when it probably really was overpriced items and the need for more of those "overpaid" employees than they had.
 

smashp

Platinum Member
Aug 30, 2003
2,443
0
0
serves them Right. I know Some of My brothers Friends Worked there and Got the Axe. They Were good salesman making close to 45-50 a year while going to college.
 

dmcowen674

No Lifer
Oct 13, 1999
54,894
47
91
www.alienbabeltech.com
Originally posted by: Shivetya
Well it looks like it cut their sales as well. Call it Capitalism in Action. The result was ever so obvious, well obvious to anyone outside of CC's management. You know that other retailiers were probably just laughing when they heard of what CC was doing.

Deutsche Bank research analyst Mike Baker wrote Circuit City's labor change hurt its service levels and enabled chief competitor Best Buy Co. "to take share."

People are not going to purchase 1000+ dollars of electronics from know-nothings. Experience in the industry, and that means sales people who know and enjoy their job, counts in the retail sector.

Plus add in all of us who refuse to shop there because of their corporate stupidity. Just a note, I do not deny that Circuit City had the right to do what they wanted, they also have to face the consequences too.

They misdirected the fault for their declining sales on "overpaid" employees when it probably really was overpriced items and the need for more of those "overpaid" employees than they had.

I give you a 4/10.

Why don't you put the blame where it belongs??? The "overpaid" management.

Because it's your crony buddies I'm sure.
 

EagleKeeper

Discussion Club Moderator<br>Elite Member
Staff member
Oct 30, 2000
42,591
5
0
Originally posted by: dmcowen674
Originally posted by: Shivetya
Well it looks like it cut their sales as well. Call it Capitalism in Action. The result was ever so obvious, well obvious to anyone outside of CC's management. You know that other retailiers were probably just laughing when they heard of what CC was doing.

Deutsche Bank research analyst Mike Baker wrote Circuit City's labor change hurt its service levels and enabled chief competitor Best Buy Co. "to take share."

People are not going to purchase 1000+ dollars of electronics from know-nothings. Experience in the industry, and that means sales people who know and enjoy their job, counts in the retail sector.

Plus add in all of us who refuse to shop there because of their corporate stupidity. Just a note, I do not deny that Circuit City had the right to do what they wanted, they also have to face the consequences too.

They misdirected the fault for their declining sales on "overpaid" employees when it probably really was overpriced items and the need for more of those "overpaid" employees than they had.

I give you a 4/10.

Why don't you put the blame where it belongs??? The "overpaid" management.

Because it's your crony buddies I'm sure.
Store management or corporate management?

 

tw1164

Diamond Member
Dec 8, 1999
3,995
0
76
Originally posted by: dmcowen674
Originally posted by: Shivetya
Well it looks like it cut their sales as well. Call it Capitalism in Action. The result was ever so obvious, well obvious to anyone outside of CC's management. You know that other retailiers were probably just laughing when they heard of what CC was doing.

Deutsche Bank research analyst Mike Baker wrote Circuit City's labor change hurt its service levels and enabled chief competitor Best Buy Co. "to take share."

People are not going to purchase 1000+ dollars of electronics from know-nothings. Experience in the industry, and that means sales people who know and enjoy their job, counts in the retail sector.

Plus add in all of us who refuse to shop there because of their corporate stupidity. Just a note, I do not deny that Circuit City had the right to do what they wanted, they also have to face the consequences too.

They misdirected the fault for their declining sales on "overpaid" employees when it probably really was overpriced items and the need for more of those "overpaid" employees than they had.

I give you a 4/10.

Why don't you put the blame where it belongs??? The "overpaid" management.

Because it's your crony buddies I'm sure.

He did

Why do you hate America?
 

dmcowen674

No Lifer
Oct 13, 1999
54,894
47
91
www.alienbabeltech.com
Originally posted by: EagleKeeper
Originally posted by: dmcowen674
Originally posted by: Shivetya
Well it looks like it cut their sales as well. Call it Capitalism in Action. The result was ever so obvious, well obvious to anyone outside of CC's management. You know that other retailiers were probably just laughing when they heard of what CC was doing.

Deutsche Bank research analyst Mike Baker wrote Circuit City's labor change hurt its service levels and enabled chief competitor Best Buy Co. "to take share."

People are not going to purchase 1000+ dollars of electronics from know-nothings. Experience in the industry, and that means sales people who know and enjoy their job, counts in the retail sector.

Plus add in all of us who refuse to shop there because of their corporate stupidity. Just a note, I do not deny that Circuit City had the right to do what they wanted, they also have to face the consequences too.

They misdirected the fault for their declining sales on "overpaid" employees when it probably really was overpriced items and the need for more of those "overpaid" employees than they had.

I give you a 4/10.

Why don't you put the blame where it belongs??? The "overpaid" management.

Because it's your crony buddies I'm sure.
Store management or corporate management?

Corporate, they micro manage the store Mgrs.
 

dmcowen674

No Lifer
Oct 13, 1999
54,894
47
91
www.alienbabeltech.com
Originally posted by: tw1164
Originally posted by: dmcowen674
Originally posted by: Shivetya
Well it looks like it cut their sales as well. Call it Capitalism in Action. The result was ever so obvious, well obvious to anyone outside of CC's management. You know that other retailiers were probably just laughing when they heard of what CC was doing.

Deutsche Bank research analyst Mike Baker wrote Circuit City's labor change hurt its service levels and enabled chief competitor Best Buy Co. "to take share."

People are not going to purchase 1000+ dollars of electronics from know-nothings. Experience in the industry, and that means sales people who know and enjoy their job, counts in the retail sector.

Plus add in all of us who refuse to shop there because of their corporate stupidity. Just a note, I do not deny that Circuit City had the right to do what they wanted, they also have to face the consequences too.

They misdirected the fault for their declining sales on "overpaid" employees when it probably really was overpriced items and the need for more of those "overpaid" employees than they had.

I give you a 4/10.

Why don't you put the blame where it belongs??? The "overpaid" management.

Because it's your crony buddies I'm sure.

He did

Why do you hate America?

"when it probably really was overpriced items "

He blamed prices foremost.

Look in the mirror on who hates America.
 

Thump553

Lifer
Jun 2, 2000
12,726
2,501
126
This mistreatment of their labor force was probably the last straw for a lot of potential Circuit City shoppers. But the fact is they have been declining a long time, and I would rank the reasons as follows:

1) Terrible customer service-they make even Best Buy look good.
2) High prices and when items go on sale for a decent price, good luck finding them.
3) Uncertain and constantly changing marketing philisophy. A few years ago I bought an expensive vaccuum cleaner there with a service plan. Halfway through the service plan they couldn't service the vaccuum because they either no longer carried that brand or didn't carry vaccuums anymore (I forget the excuse). For a while they were big into appliances, then cut way back.

Circuit City is in a tough, highly competitive business. Over the past decade + they have made a number of major missteps (remember their one-time play DVDs?) that could quite easily sink the entire company. This is certainly one clear cut case where the CEO did not earn the millions he made from the company.
 

imported_Shivetya

Platinum Member
Jul 7, 2005
2,978
1
0
Originally posted by: dmcowen674
Originally posted by: tw1164
Originally posted by: dmcowen674
Originally posted by: Shivetya
Well it looks like it cut their sales as well. Call it Capitalism in Action. The result was ever so obvious, well obvious to anyone outside of CC's management. You know that other retailiers were probably just laughing when they heard of what CC was doing.

Deutsche Bank research analyst Mike Baker wrote Circuit City's labor change hurt its service levels and enabled chief competitor Best Buy Co. "to take share."

People are not going to purchase 1000+ dollars of electronics from know-nothings. Experience in the industry, and that means sales people who know and enjoy their job, counts in the retail sector.

Plus add in all of us who refuse to shop there because of their corporate stupidity. Just a note, I do not deny that Circuit City had the right to do what they wanted, they also have to face the consequences too.

They misdirected the fault for their declining sales on "overpaid" employees when it probably really was overpriced items and the need for more of those "overpaid" employees than they had.

I give you a 4/10.

Why don't you put the blame where it belongs??? The "overpaid" management.

Because it's your crony buddies I'm sure.

He did

Why do you hate America?

"when it probably really was overpriced items "

He blamed prices foremost.

Look in the mirror on who hates America.


Dave, read the first paragraph, I already dinged their management at the top.

Of course your more interested in thread crapping than contributing. Must suck to be so shallow and full of rage when your impotent in society.
 

Phokus

Lifer
Nov 20, 1999
22,995
776
126
I think i only bought from circuit city once... was their service good when the employees were commissioned?
 

Darkhawk28

Diamond Member
Dec 22, 2000
6,759
0
0
I would shop at Circuit City more often if they would get rid of the f'in rebates!

$75.99 - $20 Circuit City Rebate - $20 Mfgr MIR - $10 Instant Rebate = $25.99

Ridiculous, just give us the damn price and stop it.
 

dmcowen674

No Lifer
Oct 13, 1999
54,894
47
91
www.alienbabeltech.com
Originally posted by: Shivetya
Originally posted by: dmcowen674
Originally posted by: tw1164
Originally posted by: dmcowen674
Originally posted by: Shivetya
Well it looks like it cut their sales as well. Call it Capitalism in Action. The result was ever so obvious, well obvious to anyone outside of CC's management. You know that other retailiers were probably just laughing when they heard of what CC was doing.

Deutsche Bank research analyst Mike Baker wrote Circuit City's labor change hurt its service levels and enabled chief competitor Best Buy Co. "to take share."

People are not going to purchase 1000+ dollars of electronics from know-nothings. Experience in the industry, and that means sales people who know and enjoy their job, counts in the retail sector.

Plus add in all of us who refuse to shop there because of their corporate stupidity. Just a note, I do not deny that Circuit City had the right to do what they wanted, they also have to face the consequences too.

They misdirected the fault for their declining sales on "overpaid" employees when it probably really was overpriced items and the need for more of those "overpaid" employees than they had.

I give you a 4/10.

Why don't you put the blame where it belongs??? The "overpaid" management.

Because it's your crony buddies I'm sure.

He did

Why do you hate America?

"when it probably really was overpriced items "

He blamed prices foremost.

Look in the mirror on who hates America.


Dave, read the first paragraph, I already dinged their management at the top.

Of course your more interested in thread crapping than contributing. Must suck to be so shallow and full of rage when your impotent in society.

I'm just pointing out that it is your heroes you make it appear as if you are turning against when I know better.

First chance your kind gets you will turn on the little guy in a heartbeat again.
 

Zedtom

Platinum Member
Nov 23, 2001
2,146
0
0
Originally posted by: Thump553
This mistreatment of their labor force was probably the last straw for a lot of potential Circuit City shoppers. But the fact is they have been declining a long time, and I would rank the reasons as follows:

1) Terrible customer service-they make even Best Buy look good.
2) High prices and when items go on sale for a decent price, good luck finding them.
3) Uncertain and constantly changing marketing philisophy. A few years ago I bought an expensive vaccuum cleaner there with a service plan. Halfway through the service plan they couldn't service the vaccuum because they either no longer carried that brand or didn't carry vaccuums anymore (I forget the excuse). For a while they were big into appliances, then cut way back.

Circuit City is in a tough, highly competitive business. Over the past decade + they have made a number of major missteps (remember their one-time play DVDs?) that could quite easily sink the entire company. This is certainly one clear cut case where the CEO did not earn the millions he made from the company.

I agree.

Let's give credit to the American consumer instead of blaming corporate mismanagement.

The chief honchos made mistakes, but you and I said to them, "we don't like the way you're running your company and we're going to spend our money elsewhere."
 

Mxylplyx

Diamond Member
Mar 21, 2007
4,197
101
106
Originally posted by: dmcowen674
Originally posted by: Shivetya
Originally posted by: dmcowen674
Originally posted by: tw1164
Originally posted by: dmcowen674
Originally posted by: Shivetya
Well it looks like it cut their sales as well. Call it Capitalism in Action. The result was ever so obvious, well obvious to anyone outside of CC's management. You know that other retailiers were probably just laughing when they heard of what CC was doing.

Deutsche Bank research analyst Mike Baker wrote Circuit City's labor change hurt its service levels and enabled chief competitor Best Buy Co. "to take share."

People are not going to purchase 1000+ dollars of electronics from know-nothings. Experience in the industry, and that means sales people who know and enjoy their job, counts in the retail sector.

Plus add in all of us who refuse to shop there because of their corporate stupidity. Just a note, I do not deny that Circuit City had the right to do what they wanted, they also have to face the consequences too.

They misdirected the fault for their declining sales on "overpaid" employees when it probably really was overpriced items and the need for more of those "overpaid" employees than they had.

I give you a 4/10.

Why don't you put the blame where it belongs??? The "overpaid" management.

Because it's your crony buddies I'm sure.

He did

Why do you hate America?

"when it probably really was overpriced items "

He blamed prices foremost.

Look in the mirror on who hates America.


Dave, read the first paragraph, I already dinged their management at the top.

Of course your more interested in thread crapping than contributing. Must suck to be so shallow and full of rage when your impotent in society.

I'm just pointing out that it is your heroes you make it appear as if you are turning against when I know better.

First chance your kind gets you will turn on the little guy in a heartbeat again.

Why is this freak not banned?

 

KK

Lifer
Jan 2, 2001
15,903
4
81
Originally posted by: Mxylplyx
Originally posted by: dmcowen674
Originally posted by: Shivetya
Originally posted by: dmcowen674
Originally posted by: tw1164
Originally posted by: dmcowen674
Originally posted by: Shivetya
Well it looks like it cut their sales as well. Call it Capitalism in Action. The result was ever so obvious, well obvious to anyone outside of CC's management. You know that other retailiers were probably just laughing when they heard of what CC was doing.

Deutsche Bank research analyst Mike Baker wrote Circuit City's labor change hurt its service levels and enabled chief competitor Best Buy Co. "to take share."

People are not going to purchase 1000+ dollars of electronics from know-nothings. Experience in the industry, and that means sales people who know and enjoy their job, counts in the retail sector.

Plus add in all of us who refuse to shop there because of their corporate stupidity. Just a note, I do not deny that Circuit City had the right to do what they wanted, they also have to face the consequences too.

They misdirected the fault for their declining sales on "overpaid" employees when it probably really was overpriced items and the need for more of those "overpaid" employees than they had.

I give you a 4/10.

Why don't you put the blame where it belongs??? The "overpaid" management.

Because it's your crony buddies I'm sure.

He did

Why do you hate America?

"when it probably really was overpriced items "

He blamed prices foremost.

Look in the mirror on who hates America.


Dave, read the first paragraph, I already dinged their management at the top.

Of course your more interested in thread crapping than contributing. Must suck to be so shallow and full of rage when your impotent in society.

I'm just pointing out that it is your heroes you make it appear as if you are turning against when I know better.

First chance your kind gets you will turn on the little guy in a heartbeat again.

Why is this freak not banned?


Better question is why the hell is he elite? Where the mods drunk that day and seeing what kind of rise they could get?
 

DealMonkey

Lifer
Nov 25, 2001
13,136
1
0
Originally posted by: Shivetya
Well it looks like it cut their sales as well. Call it Capitalism in Action. The result was ever so obvious, well obvious to anyone outside of CC's management. You know that other retailiers were probably just laughing when they heard of what CC was doing.

Deutsche Bank research analyst Mike Baker wrote Circuit City's labor change hurt its service levels and enabled chief competitor Best Buy Co. "to take share."

People are not going to purchase 1000+ dollars of electronics from know-nothings. Experience in the industry, and that means sales people who know and enjoy their job, counts in the retail sector.

Plus add in all of us who refuse to shop there because of their corporate stupidity. Just a note, I do not deny that Circuit City had the right to do what they wanted, they also have to face the consequences too. They misdirected the fault for their declining sales on "overpaid" employees when it probably really was overpriced items and the need for more of those "overpaid" employees than they had.

Do you own Best Buy stock? Work for a CC competitor? Or have any vested interest in CC going out of business? Just curious.
 

Wheezer

Diamond Member
Nov 2, 1999
6,731
1
81
Originally posted by: KK
Originally posted by: Mxylplyx
Originally posted by: dmcowen674
Originally posted by: Shivetya
Originally posted by: dmcowen674
Originally posted by: tw1164
Originally posted by: dmcowen674
Originally posted by: Shivetya
Well it looks like it cut their sales as well. Call it Capitalism in Action. The result was ever so obvious, well obvious to anyone outside of CC's management. You know that other retailiers were probably just laughing when they heard of what CC was doing.

Deutsche Bank research analyst Mike Baker wrote Circuit City's labor change hurt its service levels and enabled chief competitor Best Buy Co. "to take share."

People are not going to purchase 1000+ dollars of electronics from know-nothings. Experience in the industry, and that means sales people who know and enjoy their job, counts in the retail sector.

Plus add in all of us who refuse to shop there because of their corporate stupidity. Just a note, I do not deny that Circuit City had the right to do what they wanted, they also have to face the consequences too.

They misdirected the fault for their declining sales on "overpaid" employees when it probably really was overpriced items and the need for more of those "overpaid" employees than they had.

I give you a 4/10.

Why don't you put the blame where it belongs??? The "overpaid" management.

Because it's your crony buddies I'm sure.

He did

Why do you hate America?

"when it probably really was overpriced items "

He blamed prices foremost.

Look in the mirror on who hates America.


Dave, read the first paragraph, I already dinged their management at the top.

Of course your more interested in thread crapping than contributing. Must suck to be so shallow and full of rage when your impotent in society.

I'm just pointing out that it is your heroes you make it appear as if you are turning against when I know better.

First chance your kind gets you will turn on the little guy in a heartbeat again.

Why is this freak not banned?


Better question is why the hell is he elite? Where the mods drunk that day and seeing what kind of rise they could get?

Don't blame the mods, they are simply helping out a lost soul who who has nothing else going on in his life...how else do you explain someone who who posts to this forum alone an average of 10+ times a day?
 

Mxylplyx

Diamond Member
Mar 21, 2007
4,197
101
106
Originally posted by: DealMonkey
Originally posted by: Shivetya
Well it looks like it cut their sales as well. Call it Capitalism in Action. The result was ever so obvious, well obvious to anyone outside of CC's management. You know that other retailiers were probably just laughing when they heard of what CC was doing.

Deutsche Bank research analyst Mike Baker wrote Circuit City's labor change hurt its service levels and enabled chief competitor Best Buy Co. "to take share."

People are not going to purchase 1000+ dollars of electronics from know-nothings. Experience in the industry, and that means sales people who know and enjoy their job, counts in the retail sector.

Plus add in all of us who refuse to shop there because of their corporate stupidity. Just a note, I do not deny that Circuit City had the right to do what they wanted, they also have to face the consequences too. They misdirected the fault for their declining sales on "overpaid" employees when it probably really was overpriced items and the need for more of those "overpaid" employees than they had.

Do you own Best Buy stock? Work for a CC competitor? Or have any vested interest in CC going out of business? Just curious.

Why dont you just go the Dave route and flat out ask if he's being paid by his Best Buy corporate electronics buddies. Oh yeah, and ask why he hates America.

 

imported_Shivetya

Platinum Member
Jul 7, 2005
2,978
1
0
Originally posted by: DealMonkey
Originally posted by: Shivetya
Well it looks like it cut their sales as well. Call it Capitalism in Action. The result was ever so obvious, well obvious to anyone outside of CC's management. You know that other retailiers were probably just laughing when they heard of what CC was doing.

Deutsche Bank research analyst Mike Baker wrote Circuit City's labor change hurt its service levels and enabled chief competitor Best Buy Co. "to take share."

People are not going to purchase 1000+ dollars of electronics from know-nothings. Experience in the industry, and that means sales people who know and enjoy their job, counts in the retail sector.

Plus add in all of us who refuse to shop there because of their corporate stupidity. Just a note, I do not deny that Circuit City had the right to do what they wanted, they also have to face the consequences too. They misdirected the fault for their declining sales on "overpaid" employees when it probably really was overpriced items and the need for more of those "overpaid" employees than they had.

Do you own Best Buy stock? Work for a CC competitor? Or have any vested interest in CC going out of business? Just curious.

If I own stock in any of them its indirect through a 401k or index fund.

Regardless, what in hell does it matter? Whats next? Going to ask how a person votes before allowing them to discuss a candidate? Do you have no ability to discuss the issue and need to have something, however irrelevant, just to to play devil's advocate?

Thanks for playing, you lose.

Have a cookie,
 

DealMonkey

Lifer
Nov 25, 2001
13,136
1
0
How do I lose? I'm simply wondering what your intense fascination with seeing Circuit City go under is all about? No great conspiracy. No one's attacking you. Just a simple question.
 

mc00

Senior member
Jan 25, 2005
277
0
0
I usually buy my stuff online(newegg,zipzoomfly) and ever since Best Buy got rid of the damn rebate(NYC) I can't help visiting bestbuy once week for sale, but I stop by CC and I see something interesting soon I check price I see rebate what a turn off...
 

CPA

Elite Member
Nov 19, 2001
30,322
4
0
Originally posted by: Thump553
This mistreatment of their labor force was probably the last straw for a lot of potential Circuit City shoppers. But the fact is they have been declining a long time, and I would rank the reasons as follows:

1) Terrible customer service-they make even Best Buy look good.
2) High prices and when items go on sale for a decent price, good luck finding them.
3) Uncertain and constantly changing marketing philisophy. A few years ago I bought an expensive vaccuum cleaner there with a service plan. Halfway through the service plan they couldn't service the vaccuum because they either no longer carried that brand or didn't carry vaccuums anymore (I forget the excuse). For a while they were big into appliances, then cut way back.

Circuit City is in a tough, highly competitive business. Over the past decade + they have made a number of major missteps (remember their one-time play DVDs?) that could quite easily sink the entire company. This is certainly one clear cut case where the CEO did not earn the millions he made from the company.

4) Rebate shenanigans

 
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