Version: 2008

Comments on: Circuit City CEO steps down

The electronics retailer selects a new chief executive, president, and chairman while it tries to turn itself around.

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by September 22, 2008 4:31 PM PDT
I will not shop at any business Schoonover gets hired by. Almost as bad as the Home Depot ex CEO. Circuit City firing all of their top salesmen in 2007 was one of the classic business cases of idiocy and will be placed in the appendix of business books for years to come. I think the market and consumers payed them back because of this as well as demonstrated by the poor results. They just aren't Best Buy and really dont specialize in anything, ala Radio Shack. 10 video games, 10 vcrs, 10 tvs, 10 batteries, 10 adapters, 10 satellite players, stragically placed candy in the checkout line, and 2 coke fridges. Radio shack does have the mix boards and custom hot-rod toy cars and cb radio antennas, but other than that, just do not understand their business model any more.
mark
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by emmaannasam September 22, 2008 5:21 PM PDT
Circuit City has issues with the truth. They have involve the store manager (sic) in any decision,

Radio Shack business model since the '70 has to gouge.
by HlLLARY CLITON September 22, 2008 4:44 PM PDT
Circuit City will go out of business I predict, nothing can save them. I think poor management and Wal mart harmed them more than anything else
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by Captain-Atari September 22, 2008 5:38 PM PDT
After last years shameless layoff strategy that Circuit City used on their most experience employees I stopped shopping there. Whats the point of working at a company any length of time only to be fired for making to much money @ your position. Circuit City shot itself in the foot with that move costing them many of experienced people on the ground as many of these workers might be employed by their Competitors.
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by Captain-Atari September 22, 2008 5:39 PM PDT
After last years shameless layoff strategy that Circuit City used on their most experience employees I stopped shopping there. Whats the point of working at a company any length of time only to be fired for making to much money @ your position. Circuit City shot itself in the foot with that move costing them many of experienced people on the ground as many of these workers might be employed by their Competitors.
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by zanely September 22, 2008 6:04 PM PDT
I am so happy that this slime ball who fired all his most experienced people has finally been booted himself. I'm sure he and CC can provide you a long list of reasons why firing your most dedicated and productive employees is a good idea, but it basically comes down to "screw them and make us rich". I hope Circuit City sinks like a rock and all its shareholders forever remember that they fired the very people who could have made their investment work. Buy cheap, get cheap.
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by BenjaminGL September 23, 2008 7:15 AM PDT
I love how some people are quick to wish death on a company without thinking. I have worked at CC for the past 7 months, and while sometimes it sucks...for me it's a VERY rewarding job. I have won customers from Best Buy, I have return customers who come in on my days off looking for me. I'm a PC Tech and TV specialist and at times it's like I have my own clientelel or something.

If CC went out of business a LOT of GOOD people would be out of a job. I have a family, and I would hate to think about going back out there and looking for a job. I know I could get on at Best Buy if I wanted, but my local best buy is full of high school age kids who don't take the job seriously.

Schoonover, or as well at CC like to call him "Screwover" hurt us as a company, he did nothing but WRONG things and with my time with the company I've seen GOOD and talented managers leave. But with this news it appears that there's a light ahead of us. I don't believe that CC will go out of business anytime soon.

I look forward to winning some customers like you people back, it's going to be a good time.
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by Aragon25 October 2, 2008 4:05 PM PDT
Well said , I was just recently laid off from best buy after 4 years. I also have a family of my own and after struggling with over worked outdoor jobs i am really enjoying my time with the city. When im not selling tvs im a writer and am trying to get some projects published , so for now CC is bringin home some money.This company has a lot of potential , i dont want to be in Worst buys shadow anymore. I have helped so many people and convinced them that i will give them the best service. Ive won customers and i am good at it.When the city was my competitor i made best buys top sales,and with the extra bonus every month here at the city .Im not complaining BB never gave that to its employees.Here everyone does something they dont just sit behind thier office and take 1 or 2 hour lunch breaks BB overworks you for what you get paid. Every morning starts with a manager telling you how your not doing a good job , and instead of motivating you they just insult you and treat everyone like a 2 year old that stole some candy. Again all i want to do is drive this company straight through BB. I know we can do it im already sharing my ideas with managers to see what we can do to be an awesome city...
by laurellb1 September 23, 2008 4:14 PM PDT
My husband also works at CC and we have 3 children with 1 on the way. It would be very hard to see this company go under for us and for the thousands of employees who work there. Schoonover did make bad decisions, but hopefully things turn around. There are a lot of other companies out there who have gotten out worse situations.
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by September 23, 2008 6:21 PM PDT
Benjamin, its good CC being good to you now, it just wont be a good job to you in 2 years when you become one of the top salesmen. Reward will be thank you very much, now go please back down the "comparatively paid" retail group. I really can't see how anyone can come in and turn around such a 'marked' company.
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by Geena84 October 24, 2008 7:44 AM PDT
It fathoms me how people can be so negative. It seems as though consumers are hoping that CC will close its door forever as punishment for some bad decisions made by a couple execs. But dont you see its the people still at CC that are the ones being affected. I don't want this company to close.

Despite the problems the Ex-CEO has created I am still so proud to work for CIRCUIT CITY, because I know it's history and I know where it can be in the future. The company, MY company has admitted to its mistakes and is making a concious effort to set things right and recreate a new people centered culture. I am apart of this like so many others, and I have seen the difference. Our economy is in the worst state I have ever seen in my lifetime, if CC closes its doors it will be just one more retailer going out of business adding to the problem. Thousands of more people would be out of jobs increasing the unemployment rate and adding more fuel to plummet all of us into a depression.

This affects ALL of us. So in closing, I just want to address all those nay sayers and challenge you to put yourselves in OUR position (CC employees) and think what if this was YOUR job, your FAMILY, and your Company. Have some compassion and be open to letting all of us at CIRCUIT CITY show you what we can do!
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by therightguy34 October 29, 2008 7:45 PM PDT
I work at circuit city, it's my third year with this crappy company. Let me tell you why cicuit city should and will go under. In my store i have the most incompetent management ever, they spend most of their time taking amongs themselves about non work stuff. They also ignore associates who ask them for help, they hide from customer and lie to them on why they should pay an extra $300 on things they don't need. If there was a defenition for RED FLAG, it's Circuit city management. There also the tools we associates need, there's none. The tag printer always breaks down( why not buy a new on, right?). They employess that are hire leave because they realize how much responsiblities they have without any help from management. I say about 80% of my co-workers now what they are selling ( so much for knowledable help) we will just charge you $149.99 for someone to come to your place to slap on one cable. It's a comimision like job with the stress without any commision. Employess that wise up leave in my store, it's just not worth it. Circuit City is not worth saving. Here's some number for you Store Director makes 120k, Mangers make 25-45k, Supervisors make $16 an hour, normal employes earn $9 an hour. Their cables/ assesories are marked up 300% ( compare to monoprice.com vs circuitcity.com) their warranties are 100% hire than manufactures ( circuitcity.com vs sonystyle.com, look for the 3 year warranty) I can go on and on why this company needs to die!
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by buelligan83 November 2, 2008 2:51 PM PST
Judging by your pathetic penmenship, I can see why Circuit City is going under. I work for BB and after today's announcement of CC closing 150 stores, I look forward to taking over all your ex-customers.
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