The Boston Globe has a very helpful and slick multimedia slideshow about how Circuit City’s closure is affecting the regional economy up there. Restaurants in the neighborhood of closed Circuit City stores reckon they will lose around $50 a day. Several media outlets are owed thousands for advertising (including $65,000 at the Providence Journal) and property managers have big boxes to fill at a lousy time. They, too, are owed thousands of dollars.
About the author: Aaron Kremer View all posts by Aaron Kremer
2 Comments »
Leave A Response »
Mr. Ward would be turning over in his grave. For those of you who do not know, Mr. Ward started a little business years ago. Mr. Ward grew the business and it became Circuit City, the place you could purchase all your “appliances”. I worked at Circuit City Corporate when they still sold refrigerators, ovens, washers and dryers. I was there when they decided to do away with these items and sell only computers, cell phones and televisions. That was the fall of Circuit City. Look at what Mr. Ward created with these appliances, he must have known something. Now there is no more and the kicker to it is, try to go in somewhere and purchase a refigerator and take it home the same day, it won’t happen unless you buy a floor model. Face it, the refigerator goes, you need replacement now. Don’t get me wrong, I loved working for Circuit City, all seven years. I even climbed up into management and survived two lay offs. It is a pitty but the associates who worked on the top floor of Deep Run II should have seen this creeping up as myself and several others did a few years ago. I am not ashamed to say, I ran. I like stability and assurance. I beleive the change of CEO a few years ago had a lot more to do with this than most would like to admit to as well.
To the teams and families of the extended service department, you are in my thoughts. Best of luck to each of you especially inbound.
Lee, maybe when you worked at Circuit City you should have paid more attention. There was no Mr. Ward. WARD was an acronym, beginning with the founder’s first name, Wurtzel. The next three letters were the initials of his children, which I have since forgotten.
And there were no associates at the top of Deep Run II, that building was sold several years ago. Even before it was sold, the top floor was a call center. Before that, it was FNANB.