• There seems to be an uptick in Political comments in recent months. Those of us who are long time members of the site know that Political and Religious content has been banned for years. Nothing has changed. Please leave all political and religious comments out of the forums.

    If you recently joined the forums you were not presented with this restriction in the terms of service. This was due to a conversion error when we went from vBulletin to Xenforo. We have updated our terms of service to reflect these corrections.

    Please note any post refering to a politician will be considered political even if it is intended to be humor. Our experience is these topics have a way of dividing the forums and causing deep resentment among members. It is a poison to the community. We appreciate compliance with the rules.

    The Staff of SOH

  • Server side Maintenance is done. We still have an update to the forum software to run but that one will have to wait for a better time.

Circuit City files for Chapter 11 protection

I stopped by their Niles, Illinois store on Saturday. Everything was discounted 10%. I'm sure the discount percent will increase as time goes by. Too bad about Circuit City,...they always struck me as a store/staff that had the time to help and assist you. Something I could never say about Best Buy.
 
There was a brief blurb on this last night on one of the news channels. What happened was, CC announced they were closing stores and vendors got nervous about extending them credit, fearing they might go bankrupt and have to eat the cost. Without that credit, they weren't going to be able to stock their shelves for Christmas shoppers and they had to declare bankruptcy. So closing the stores triggered the bankruptcy instead of preventing it.

I guess the rules might have changed when credit is tight. Businesses might not be able to slash jobs to increase their quarterly earnings statement anymore!
 
Back
Top