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Circuit City Gives Up

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Good: bad business decisions are punished

SCTelephoneMan

Jan 17, 2009, 5:29 PM
This is the beauty of American capitalism. There is nothing bad about Smart Tech going out of business. It's to be celebrated. Actions have consequences!
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algorithmplus

Jan 17, 2009, 6:03 PM
I used to occasionally shop at Circuit City with their sales until their fiasco where they decided to fire a good portion of their hourly workforce and let them re-apply for their current positions at lower wages. Even when they had a good sale on something, I would not patronize them after that.

That was just a personal choice. I didn't feel I could support a company that would treat their hourly employees that way, especially knowing their executives are still getting fat bonuses at the same time.
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