It’s been four years since Circuit City, once the nation’s second-largest electronics retailer, filed for bankruptcy. In the spring of 2009, the brand’s new owner, Systemax (you know it better as TigerDirect), resurrected Circuit City as an online-only operation. But it looks like the chain’s name didn’t carry enough worth, and it will soon vanish into history. [More]
Waiting for a rebate from TigerDirect? Good luck with that. In a suit filed last Friday, Florida Attorney General Bill McCollum is charging the company with, among other things, promising customers that rebates would arrive in about 8-10 weeks of submission, when in fact “a vast number of customers experienced delays ranging from one to more than eight months, before receiving their promised rebates, if at all.” The suit also charges TigerDirect with engaging in “deceptive and unfair trade practices.”
CircuitCity.com is back, and it looks eerily familiar. The zombie website is now controlled by Systemax, the same folks who own Tiger Direct. Though the new site may look similar to the old, no doubt part of Systemax’s goal to keep alive a “proud brand that America has grown to count on,” it isn’t nearly as consumer-friendly as we would like…
Systemax, the company behind Tiger Direct (and the buyer of CompUSA’s remains when it went out of business over a year ago) has announced it plans to buy the Circuit City e-commerce business for $6.5 million cash plus a share of the revenue over a 30 month period.