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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: 2) by DannyB on Tuesday January 16 2018, @07:06PM

    by DannyB (5839) Subscriber Badge on Tuesday January 16 2018, @07:06PM (#623228) Journal

    At least it won't threaten Radio Shack's genius business model of rebranding American electronics and selling them above retail price of the non-rebranded product sold at other retail stores.

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