January 16, 2009, after a dismal holiday season, Circuit City was forced into liquidation. Unable to meet the demands of creditors, and no buyer in sight, Circuit City began the process of liquidating its remaining 567 U.S. stores. Circuit City has been the leader in electronics retail for almost twenty years ago, when profits peaked in 2000. This led to his dramatic downfall? Why three directors can not turn around? These problems were present before the peak in 2000?
by
John R. Wells,
Galen Danskin
Source: Harvard Business School
21 pages.
Release: September 14, 2012. Prod #: 713402-PDF-ENG
Drop the Box Solution Circuit City Stores, Inc.
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