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The Corpse of Circuit City Will Rise Again on February 15

posted by cmn32480 on Monday January 15 2018, @11:41PM   Printer-friendly
from the signs-of-the-zombie-apocalypse dept.

Fnord666 writes:

Circuit City [Ed:Circuit City was a multinational consumer electronics retail company that operated stores across the United States] is coming back, and this time, the license holders propping up the ancient big-box retail chain say they mean it.

Following a tease of a CES announcement, current company CEO Ronny Shmoel confirmed on Monday that something called Circuit City will arrive as "a new, more personalized online shopping experience" starting February 15. The announcement event, which was reported by tech-business outlet Twice, included promises of AI-driven recommendations fueled by IBM's Watson platform, plus unexplained "augmented reality" and "search by photo" features.

[...] With this news in mind, we're keeping an eye on Radio Shack's own shambling corpse. That company currently lives as a license granted to one of the former company's creditors when nobody else bid more for the rights in 2017.

Source: https://arstechnica.com/information-technology/2018/01/the-corpse-of-circuit-city-will-rise-again-on-february-15/

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  • (Score: 3, Interesting) by JoeMerchant on Tuesday January 16 2018, @12:54AM (1 child)

    by JoeMerchant (3937) on Tuesday January 16 2018, @12:54AM (#622895)

    Yeah, but you know something and might be able to make a rational decision - that puts you in a small minority. Also, if you're really thinking rationally, you know the new entity has absolutely nothing to do with prior management.

    Most people deciding between A and B will choose the one they've heard of before, instead of an unknown, even if there's been some bad blood with the one they know, it's not as scary as a total unknown.

    Sears has screwed me and my family, hard, many times in the past, and I generally avoid them - but... about a year ago when I needed a socket wrench, all that bad blood didn't stop me from buying it from them.

    --
    Україна досі не є частиною Росії Слава Україні🌻 https://news.stanford.edu/2023/02/17/will-russia-ukraine-war-end
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  • (Score: 3, Interesting) by FatPhil on Tuesday January 16 2018, @06:55AM

    by FatPhil (863) <{pc-soylent} {at} {asdf.fi}> on Tuesday January 16 2018, @06:55AM (#623019) Homepage
    The new management and the old management share the view that brand familiarity is stronger than the taint of shitty management decisions.
    --
    Great minds discuss ideas; average minds discuss events; small minds discuss people; the smallest discuss themselves