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Sunday, February 8, 2009

recession short-circuits circuit city for good


"recession" is a bitter word that's gripping the whole world.

jersey iggy was sad to see circuit city, one of the electronics store giants (or used to be) in the US, (second to best buy) succumb to bankruptcy when it announced on january 16th this year that it was closing its remaining 567 stores across the country.

this store has been around for 60 years, but is now undergoing liquidation such as this store above in ledgewood mall, new jersey.

the camera's flash obliterated the sign which announced "store closing sale." (if you look a little more closely, though, you'll see.) the store offers an extra 20% discount on all of its merchandise, but they're all regarded as "final sale," meaning they're non-returnable once purchased.

fortuitous faery's current digital camera (a sony cybershot) was bought from this store's website. circuitcity.com used to offer free shipping for orders worth $25 and up.

so long, circuit city....thanks for the memory sticks.


doi said...

shacks! reading this sent goosebumps all over my skin. this is so sad. :-( i wonder how long it will take for this recession to end. :-(

Gem said...

The moment I saw that Circuit City, I had to check out if they had revived. Yes it is really sad knowing that these biggies really end up biting the dust.

Now electronic firms are also crumbling down. More people are losing their jobs.

I bet Circuit City had also trouble selling their merchandise, because people would opt to spend their money on food than on gadgets.

fortuitous faery said...

doi: it is depressing especially for the ones who got terminated.

gem: at this time, people really aren't spending that much on non-essentials. but the products you see in flyers today are temptingly more affordable than before. :P

Jennifer L Price said...

Even though you were already "tagged", I wanted you to know I menioned you on Journeys and Adventures the other day. I used it as a way to tell people about myself and some of my travel experiences.


fortuitous faery said...

hi jennifer!

thanks for this honor! your wonderful travel adventures fall into the "once-in-a-lifetime" type, but you've experienced lots of them at a young age! so inspiring, and honestly, i'm envious! haha.

it's hard to keep up with the people at entrecard, but we do appreciate it when they let us know that they like our blog. :)

thanks again!

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