Expert Analyses of the following article:
Circuit City Posts Loss As Sales Woes Continue
Source: online.wsj.com
October 2, 2008Chapter 7 or Chapter 11, Circuit City Management Needs to Make a Choice.
Author: Nicholas White, President, White & Co
Circuit City has passed being just another mediocre company that needs to be patched up. Management needs to drastically down size this company or liquidate its assets. Here's why
September 30, 2008Circuit City's (new) Management Has A (new) Plan But It's Dependent On Others For It To Work.
Author: Cathy Stauffer, Founder, Cathy Stauffer Consulting
In addition to loosing hundreds of millions of dollars and significant market share, letting things get so bad for so long has resulted in CC loosing control - now it's largely up to others if CC will survive.
1. Vendors - at this point vendors are on top – without vendor support there will no reason for consumers to come in.
2. Consumers - CC management is talking about regaining...
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