Circuit City Corporation Wikipedia. Circuit City was a multinationalconsumer electronics company that operated stores across America. It was founded in 1. Samuel Wurtzel as the Wards Company and pioneered the electronics superstore format in the 1. After multiple purchases and a successful run on the NYSE, it changed its name to Circuit City Stores Inc. HistoryeditEarly history and growtheditIn early 1. Wurtzel was on vacation in Richmond, Virginia when, while at a local barber shop, he was witness to the start of television in the South. Imagining the opportunities, in late 1. Richmond and opened the first Wards Company retail store. Later, Abraham L. Hecht joined him as a partner in the business. By 1. Wards Company operated four television and home appliance stores in Richmond. The company continued to grow and acquired stores in other locations including Albany, New York Mobile, Alabama Washington, D. C. and Costa Mesa, California. During the 1. 97. Dixie Hi Fi, advertising in hi fi magazines. Wards experimented with several retail formats in Richmond, including smaller mall outlets branded Sight n Sound and Circuit City. Wards Company officially changed its name to Circuit City and became listed on the New York Stock Exchange in 1. One of the companys early slogans was Circuit City Where the Streets are Paved with Bargains. The company, which had leased floor space from the Zodys department stores as well as other department stores, began acquiring retail stores and turning them into Circuit City Superstores. The first of these replacements occurred in Knoxville, Tennessee Charleston, South Carolina and Hampton, Virginia. Original Circuit City logo. In 1. 98. 1, Circuit City entered the New York City market by acquiring the six remaining stores of the bankrupt Lafayette Radio chain. They operated the stores under the LafayetteCircuit City name and expanded to 1. US2. 0 million to enter the market. Wurtzel served as president of the company until 1. He remained the chairman until 1. About. xmovies. is Watch free online movies, here you can watch movies online in high quality, 1080p for free without annoying advertising and download movie, just. Wenoo. net is a share site for video, audio and photos you can share it privately or publiclyWhen he stepped down, his son Alan served as chairman until 1. Variation on older Half Plug Circuit City Superstore format in Los Angeles, California, using the Horizon era logo. Half Plug Circuit City Superstore format in Huntsville, Alabama that included a more open showroom, used from 1. Watch Closed Circuit Online Closed Circuit Full Movie Online' title='Watch Closed Circuit Online Closed Circuit Full Movie Online' />Wards purchased a new headquarters building at 2. Thalbro Street named after Thalhimer Bros. Department Store in Richmond, Virginia and in the extra space opened Wards Loading Dock, its first big box format in 1. The large format store was very popular with customers. The company continued to expand with the new format modeled after Wards Loading Dock and renamed it Circuit City Superstore in 1. Circuit City began to replace its smaller stores with the Superstore format and started a nationwide expansion. In 1. 98. 8, the company began constructing the new plug design Superstore stores. During this era, Circuit City became known for its exceptional service, going so far as to have many of its staff factory trained. Its slogan, likewise, was Welcome to Circuit City, Where Service Is State of the Art. Later, Circuit City returned to New York City opening a 4. Union Square, the first of two planned Manhattan locations. Also in 1. 99. 8, Circuit City introduced the Pluggie mascot that was seen on television and in store advertising. The mascot was a plug similar to the one seen on Circuit City television commercials plugging into store fronts, but had a smiley face and arms. By 2. 00. 0, many Circuit City stores were out of date and in bad locations, unable to compete with newer Best Buy stores. In 2. 00. 0, Circuit City abandoned the large appliance business and introduced a more self serve Big Box format called Horizon. This was controversial because in the previous year Circuit City was the number two appliance retailer in the United States, behind only Sears. The company had earned nearly US1. However, executives were concerned about the competition from Home Depot and Lowes and believed there would be big savings in warehouse storage and delivery costs if they quit the large appliance business. Watch Stag Night Online Forbes more. It was later realized that Circuit City thus missed out on the residential housing boom of the mid 2. The new Horizon stores abandoned the original showroom experience for a brighter, more open sales floor format with open ceilings, low fixtures, and wood floor aisles to allow customers to browse the merchandise easily. The format allowed putting all products on the sales floor, except those that were too large for customers to carry themselves. Shopping carts were added for the expanded assortment of grab and go merchandise. A row of registers was located at the front of the store for the first time for quick checkout. Previously, the stores only had registers located within each department since the salespeople were on commission. Even though the new format had commissioned sales people, it was becoming very similar to Best Buy. Every Superstore was retrofitted after the exit from the large appliance business, using the space for an expanded self serve computer accessory and software selection. Stores at the time sold only Play. Station games under an exclusive agreement with Sony. The new space allowed them to sell Nintendo, Sega, and eventually Xbox games after the agreement ended. Music and movie sales had been added to most stores years before, but the extra space allowed the selection to be added to smaller stores. The retrofitting project alone cost the company US1. In 2. 00. 3, Circuit City converted to a single hourly pay structure in all stores, eliminating commissioned sales. Many previously commissioned sales associates were offered new positions as hourly product specialists, while 3,9. In 2. 00. 4, with the expansion of the wireless phone market, Circuit City partnered with Verizon Wireless to include full service Verizon Wireless sales and service centers in each Superstore. These locations were owned and staffed by Verizon Wireless. Circuit City stopped selling wireless phones with all other carriers due to the agreement. In April 2. 00. 4, Circuit City announced its purchase of Canadian retailer Inter. TAN. Circuit City paid approximately US2. Inter. TANs 9. 80 stores, which operated in Canada under the trade names Radio. Shack, Rogers Plus, and Battery Plus. Chairman and CEO Alan Mc. Collough believed these existing small format stores provided an easy entry into Canada, a country where Best Buy had been expanding. Radio. Shack sued Inter. Tan in April 2. 00. Radio. Shack in Canada. Circuit City lost the lawsuit and all Canadian locations were renamed The Source by Circuit City in 2. These stores were sold to Bell Canada and continue to operate. In 2. 00. 7, a new 2. The City and designed to eliminate previously under utilized space. The smaller format gave the company greater flexibility to enter new markets and backfill existing ones. Most new store openings in 2. Despite being closed for years, signage remains intact as of early 2. Circuit City in Aurora, Ohio. On February 8, 2. Circuit City announced that it planned to close seven domestic Superstores and a Kentucky distribution center to cut costs and improve its financial performance. News reports also mention that 6. Canada were to close. A former Circuit City store in Holland, Ohio that still had signage intact as of January 2. Circuit City announced on February 2. Chief Financial Officer, Michael Foss, would leave the company. This unsettled investors and analysts concerned about management turnover. This represents the third departure of a senior executive in the past six months, and the second departure of a top five executive in the past month said Goldman Sachs analyst Matthew Fassler in a client note. Chief Executive Office Phil Schoonovers hand picked team is turning over faster than we would like to see in a turnaround situation. Watch The Shack 2. Free On 1. 23movies. After the abduction and presumed death of Mackenzie Allen Phillips youngest daughter, Missy, Mack receives a letter and suspects it is from God, asking him to return to The Shack where Missy may have been murdered. After contemplating it, he leaves his home to go to The Shack for the first time since Missys abduction and an encounter that will change his life forever. Genres Drama, Fantasy. Actor Sam Worthington, Octavia Spencer, Tim Mc. Graw, Radha Mitchell, Megan Charpentier, Gage Munroe, Amlie Eve, Avraham Aviv Alush, Sumire Matsubara, Alice Braga, Graham Greene, Ryan Robbins, Jordyn Ashley Olson, Laura Mac. Killop, Emily Holmes. Director Stuart Hazeldine. Country USADuration 1. Quality HDRelease 2.