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Unread 11-03-2008, 03:55 PM
 
3 posts, read 7,283 times
Reputation: 10
Default Circuit City pulls out of Macon

Circuit City is not opening their new store. I cant believe they would wast money to build a store and not even open it. This is the beginning of the end of the shoppes at river crossing. Why cant Macon support decent stores?
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Unread 11-03-2008, 04:26 PM
 
41 posts, read 102,982 times
Reputation: 19
I guess it's also the end of all the shopping centers in Warner Robins, Athens, The Mall of Georgia, and everywhere else in Georgia Circuit City stores are closing!
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Unread 11-03-2008, 06:06 PM
 
726 posts, read 1,649,317 times
Reputation: 76
Quote:
Originally Posted by jonescounty View Post
Circuit City is not opening their new store. I cant believe they would wast money to build a store and not even open it. This is the beginning of the end of the shoppes at river crossing. Why cant Macon support decent stores?
Circuit City is closing stores not because Macon can't support them, the company filed bankruptcy and are having to close stores everywhere not just in Macon.....obviously you didn't read the entire article you got this info from.... Most of the stores in Macon that closed, has nothing to do with the Market's ability to support them, Circuit city, Goody's and the Macon Mall-Dillard's closings, are part of these companies plans to cut cost because they are suffering overall nationally from the bad economy and closing stores are more cost effective.
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Unread 11-03-2008, 06:10 PM
 
913 posts, read 1,740,059 times
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Quote:
Originally Posted by jonescounty View Post
Circuit City is not opening their new store. I cant believe they would wast money to build a store and not even open it. This is the beginning of the end of the shoppes at river crossing. Why cant Macon support decent stores?
It is called oversaturation. Too small of a market obviously. That's horrible to hear they just built a new store that will now sit as an empty shell.
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Unread 11-03-2008, 06:17 PM
 
726 posts, read 1,649,317 times
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Quote:
Originally Posted by ATLCOL1 View Post
It is called oversaturation. Too small of a market obviously. That's horrible to hear they just built a new store that will now sit as an empty shell.
Clearly anyone common sense knows that not the reason, well in that case every market that stores are closing most over saturation because Macon is not the other ones.....Atlanta as well as others......
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Unread 11-03-2008, 06:25 PM
 
913 posts, read 1,740,059 times
Reputation: 62
Quote:
Originally Posted by yerocal View Post
Clearly anyone common sense knows that not the reason, well in that case every market that stores are closing most over saturation because Macon is not the other ones.....Atlanta as well as others......
Companies close stores because they are not performing and turning a profit. Why would a company close a profitable store??????
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Unread 11-03-2008, 06:33 PM
 
726 posts, read 1,649,317 times
Reputation: 76
Quote:
Originally Posted by ATLCOL1 View Post
Companies close stores because they are not performing and turning a profit. Why would a company close a profitable store??????
well none of there stores were not profitable then..caused they files bankruptcy and so did Goody's..... Not only in Macon but state wide......nothing to do with Macon.....
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Unread 11-03-2008, 06:59 PM
JLA
 
627 posts, read 1,273,301 times
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If you guys would go Circuit City web sight it will explain why they closed all the stores in Atlanta, Macon, Athens,... They were not profitable. They will start liquidating their merchandise in those stores come Wednesday. Happy shopping.
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Unread 11-03-2008, 08:07 PM
 
107 posts, read 178,268 times
Reputation: 26
Quote:
Originally Posted by JLA View Post
If you guys would go Circuit City web sight it will explain why they closed all the stores in Atlanta, Macon, Athens,... They were not profitable. They will start liquidating their merchandise in those stores come Wednesday. Happy shopping.
No kidding!!! lol
Thanks for the insight sherlock.
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Unread 11-03-2008, 08:28 PM
 
Location: Greenville, SC
8,044 posts, read 9,979,688 times
Reputation: 1499
Quote:
Originally Posted by yerocal View Post
Clearly anyone common sense knows that not the reason, well in that case every market that stores are closing most over saturation because Macon is not the other ones.....Atlanta as well as others......
Actually, that is the reason. They are closing underperforming stores.
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