News Ticker

CES 2018: Circuit City Returns From the Dead

One-time retail giant begins anew next month.

Circuit City is coming back next month with an ambitious plan for a new site and, eventually, kiosks and stores within other stores, writes Twice Magazine.

Ronny Schmoel, the company’s CEO, told reporters yesterday at the Consumer Electronics Show that the new Circuit City web site will emphasize e-commerce and social networking.

Click Amazon: Don’t just read about new products! Buy a few!

The new site will launch on February 15.

“Features will include videos, virtual vignettes, search-by-photo, augmented reality and real-time tech support via video chat,” Twice writes.

Schmoel did not offer a date for when Circuit City will return to the retail category, but said “major retailers” are interested in partnering with the company.

The plan is to include a mini Circuit City store in a larger store that’s already in existence. For instance, a Walmart or a Target could have interest in allowing Circuit City to manage its electronics area.

Circuit City arguably was once the nation’s biggest retailer of consumer electronics, but declared bankruptcy in 2008 due to changing market conditions (the increase in e-commerce sales) and the weak economy.

The company later tried a comeback as a web-only business, but that failed, too.

Click Amazon: See Today’s 1-Day-Only Deals!

— Phillip Swann

About TV Answer Man (1652 Articles)
The TV Answer Man is veteran journalist Phillip Swann who has covered the TV technology scene for more than two decades. He will report on the latest news and answer your questions regarding new devices and services that are changing the way you watch television.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: