Cnet predicts demise of Circuit City before Best Buy
Earlier this month, I wrote why I think Best Buy will soon follow CompUSA into the retail deadpool. Not even two weeks later, Cnet has written a piece entitled “Is Circuit City in Danger?” The piece makes the excellent argument that, if anyone is going to take the plunge into bankruptcy next, it will be Circuit City over Best Buy.
I don’t retract my prediction, but I fully agree with author Don Reisinger when he says, “Simply put, why shop at Circuit City if you can go to the Best Buy down the street?”.
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