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Circuit City Corporation - Wikipedia. Circuit City was a multinationalconsumer electronicsretail company that operated stores across America. It was founded in 1. Samuel Wurtzel as the Wards Company and pioneered the electronics superstore format in the 1. After multiple purchases and a successful run on the NYSE, it changed its name to Circuit City Stores Inc. History[edit]Early history and growth[edit]In early 1. Wurtzel was on vacation in Richmond, Virginia when, while at a local barber shop, he was witness to the start of television in the South.[3] Imagining the opportunities, in late 1.

Circuit City was a multinational consumer electronics retail company that operated stores across America. It was founded in 1949 by Samuel Wurtzel as the Wards.

Richmond and opened the first Wards Company retail store.[4] Later, Abraham L. Hecht joined him as a partner in the business.[5]By 1.

Wards Company operated four television and home appliance stores in Richmond. The company continued to grow and acquired stores in other locations including Albany, New York; Mobile, Alabama; Washington, D. C.; and Costa Mesa, California. During the 1. 97. Dixie Hi Fi", advertising in hi- fi magazines. Wards experimented with several retail formats in Richmond, including smaller mall outlets branded "Sight- n- Sound" and "Circuit City".

Wards Company officially changed its name to Circuit City and became listed on the New York Stock Exchange in 1. One of the company's early slogans was "Circuit City — Where the Streets are Paved with Bargains". The company, which had leased floor space from the Zody's department stores as well as other department stores, began acquiring retail stores and turning them into Circuit City Superstores. The first of these replacements occurred in Knoxville, Tennessee; Charleston, South Carolina; and Hampton, Virginia.

Original Circuit City logo. In 1. 98. 1, Circuit City entered the New York City market by acquiring the six remaining stores of the bankrupt Lafayette Radio chain.[7] They operated the stores under the "Lafayette/Circuit City" name and expanded to 1. US$2. 0 million to enter the market.[8] Wurtzel served as president of the company until 1. He remained the chairman until 1. When he stepped down, his son Alan served as chairman until 1.

Variation on older "Half Plug" Circuit City Superstore format in Los Angeles, California, using the "Horizon"- era logo. Half Plug" Circuit City Superstore format in Huntsville, Alabama that included a more open showroom, used from 1. Wards purchased a new headquarters building at 2. Thalbro Street (named after Thalhimer Bros. Department Store) in Richmond, Virginia and in the extra space opened "Wards Loading Dock", its first big- box format in 1. The large- format store was very popular with customers.

The company continued to expand with the new format modeled after "Wards Loading Dock" and renamed it Circuit City Superstore in 1. Circuit City began to replace its smaller stores with the Superstore format and started a nationwide expansion. In 1. 98. 8, the company began constructing the new "plug" design Superstore stores. During this era, Circuit City became known for its exceptional service, going so far as to have many of its staff factory- trained.

Its slogan, likewise, was "Welcome to Circuit City, Where Service Is State of the Art".[1. Later, Circuit City returned to New York City opening a 4. Union Square, the first of two planned Manhattan locations.[1. Also in 1. 99. 8, Circuit City introduced the "Pluggie" mascot that was seen on television and in- store advertising. The mascot was a plug similar to the one seen on Circuit City television commercials plugging into store fronts, but had a smiley face and arms. By 2. 00. 0, many Circuit City stores were out of date and in bad locations, unable to compete with newer Best Buy stores.

In 2. 00. 0, Circuit City abandoned the large appliance business and introduced a more self- serve "Big Box" format called "Horizon". This was controversial because in the previous year Circuit City was the number two appliance retailer in the United States, behind only Sears. Watch Tears Of The Sun Putlocker#. The company had earned nearly US$1. However, executives were concerned about the competition from Home Depot and Lowe's and believed there would be big savings in warehouse storage and delivery costs if they quit the large appliance business. It was later realized that Circuit City thus missed out on the residential- housing boom of the mid- 2.

The new "Horizon" stores abandoned the original showroom experience for a brighter, more- open sales- floor format with open ceilings, low fixtures, and wood- floor aisles to allow customers to browse the merchandise easily. The format allowed putting all products on the sales floor, except those that were too large for customers to carry themselves. Shopping carts were added for the expanded assortment of grab- and- go merchandise.

A row of registers was located at the front of the store for the first time for quick checkout. Previously, the stores only had registers located within each department since the salespeople were on commission. Even though the new format had commissioned sales people, it was becoming very similar to Best Buy. Every Superstore was retrofitted after the exit from the large- appliance business, using the space for an expanded self- serve computer accessory and software selection. Stores at the time sold only Play. Station games under an exclusive agreement with Sony.[1. The new space allowed them to sell Nintendo, Sega, and eventually Xbox games after the agreement ended.

Music and movie sales had been added to most stores years before, but the extra space allowed the selection to be added to smaller stores. The retrofitting project alone cost the company US$1.

In 2. 00. 3, Circuit City converted to a single hourly pay structure in all stores, eliminating commissioned sales. Many previously commissioned sales associates were offered new positions as hourly "product specialists", while 3,9. In 2. 00. 4, with the expansion of the wireless phone market, Circuit City partnered with Verizon Wireless to include full- service Verizon Wireless sales and service centers in each Superstore.

These locations were owned and staffed by Verizon Wireless. Circuit City stopped selling wireless phones with all other carriers due to the agreement.[1. In April 2. 00. 4, Circuit City announced its purchase of Canadian retailer Inter. TAN. Circuit City paid approximately US$2. Inter. TAN's 9. 80 stores, which operated in Canada under the trade names Radio.

Shack, Rogers Plus, and Battery Plus. Chairman and CEO Alan Mc. Watch Crazy Heart Online Mic. Collough believed these existing small- format stores provided an easy entry into Canada, a country where Best Buy had been expanding.[2. Radio. Shack sued Inter. Tan in April 2. 00.

Radio. Shack in Canada.[2. Circuit City lost the lawsuit and all Canadian locations were renamed The Source by Circuit City in 2. These stores were sold to Bell Canada and continue to operate.

In 2. 00. 7, a new 2. The City" and designed to eliminate previously under- utilized space.

The smaller format gave the company greater flexibility to enter new markets and backfill existing ones. Most new store openings in 2. Despite being closed for years, signage remains intact (as of early 2.

Circuit City in Aurora, Ohio. On February 8, 2. Circuit City announced that it planned to close seven domestic Superstores and a Kentucky distribution center to cut costs and improve its financial performance.[2. News reports also mention that 6. Canada were to close.[2.

A former Circuit City store in Holland, Ohio that still had signage intact as of January 2. Circuit City announced on February 2. Chief Financial Officer, Michael Foss, would leave the company.

This unsettled investors and analysts concerned about management turnover. This represents the third departure of a senior executive in the past six months, and the second departure of a top- five executive in the past month" said Goldman Sachs analyst Matthew Fassler in a client note.

Chief Executive Office Phil Schoonover's "hand- picked team is turning over faster than we would like to see in a turnaround situation."[2.

JFK Facts. 21 JFK cops who heard a grassy knoll shot. A cop runs toward the grassy knoll on November 2. Strange but true: At least two dozen, and perhaps as many as four dozen, of the witnesses to the assassination of President Kennedy in November 1. Warren Commission and most U. S. news organizations.

Richard Charnin has proposed a statistical proof of a shot from the front. Another way to think about the matter is to review the eyewitness accounts, especially those of people with crime scene training. Assessing earwitness testimony. Defenders of the U. S. government’s semi- official theory that the 3. Democrat, was shot from behind by a psychopathic leftist will dismiss the earwitness accounts.

Earwitness testimony, say crime scene investigators, is notoriously unreliable. But not always. After all, it is well- documented that some earwitnesses of JFK’s assassination proved to have good hearing that day. Several dozen people reported hearing gunshots from above and behind the presidential motorcade. Their perception was accurate.

President Kennedy and Texas Governor John Connally were both wounded in the back. The location of their wounds proved that Oswald (or someone else) was firing from above and behind had assaulted the motorcade. The earwitnesses in Dealey Plaza proved right. So what about the several dozen people who said a shot also came from in front of JFK’s car? Were they mistaken? Or could they have been right too? The issue is well documented.

Stewart Galanor says 5. Richard Charnin says 8. Even John Mc. Adams, a die- hard anti- conspiracy theorist, agrees that at least 3.

Railroad worker S. M. Holland, who was watching from the Triple Underpass, says he heard a rifle report and saw smoke from behind the stockade face atop the grassy knoll. Watch Holland tell his story here.)The area was searched by police within minutes of JFK’s assassination. No gunman was found. Corroborating earwitness testimony.

Law enforcement and criminal justice professionals agree that photographic evidence is more reliable than earwitness testimony. What about the infamous home movie of the assassination made by Dallas dressmaker Abraham Zapruder. What does it tell us about the source of the shots? The film captures, in terrible detail, the six seconds in which the commander in chief lost his life. The film shows Kennedy jolted forward when he was struck in the back by a bullet.

A few seconds later, the film shows JFK head snapping backwards and to the left from the fatal shot. The Zapruder film lends credence to — some say corroborates — the earwitness testimony that the fatal shot came from the front and to the right. Among the earwitnesses to JFK’s murder were no less than 2. While earwitness testimony is unreliable, these 2.

All of them were within 1. JFK when the shots rang out.

They were trained in the use of firearms and they were experienced in crime scene investigation. Most importantly, they were dispersed at various around the park- like area of Dealey Plaza, which means they would have heard different echo patterns, a frequent source of faulty earwitness testimony.

What did these earwitnesses say about the origins of the gunshot killed JFK? Twenty one officers said their reaction to the gunfire was to go search the area famously known as “the grassy knoll.”The unanimity of their reaction is striking. On November 2. 2, after hearing gunfire near the presidential motorcade, they all converged on the parking lot and the railroad yard, lined by a stockade fence, on top of a grassy embankment overlooking the motorcade route. The Warren Commission ignored all of this testimony, even from cops. The Warren Report said there was “no evidence” of a shot from the front.

That is the sort of misleading statement that prompted a majority of Americans to mistrust the Warren Commission’s conclusions about the causes of JFK’s assassination. There was credible evidence, in the form of earwitness testimony, that JFK was killed by a shot from the front. Here’s some of it. What 2. 1 cops said — and did — after JFK was shot. Secret Service man Paul E. Landis, Jr., was riding the rear right running board of the third car in the presidential motorcade.

After JFK’s assassination, he wrote: My immediate thought was that the President could not possibly be alive after being hit like he was. I still am not certain from which direction the second shot came, but my reaction at the time was the shot came from somewhere towards the front right- hand side of the road. Secret Service man Forrest Sorrels was riding in the lead car of the motorcade when he heard the shots. He said he “turned around to look up on this terrace part there, because the sound sounded like it came from the back and up in that direction.”Like many other witnesses Sorrells used the term “terrace” to refer to the area famously known as “the grassy knoll.” There is a monument structure in this part of Dealey Plaza overlooking the street where JFK’s motorcade was passing. Adjacent to the structure is a parking lot and a railroad yard separated by a line of trees. Sorrells repeated this observation to the Warren Commission.“And, as I said, the noise from the shots sounded like they may have come back up or the terrace there …But the reports seemed to be so loud that it sounded like to me – in other words, that my first thought, somebody up on the terrace, and that is the reason I looked there.

Dallas Police Chief Jesse Curry was driving the lead car in the motorcade. In a deposition taken in April 1. Curry said: I heard a sharp report. We were near the railroad yards at this time, and I didn’t know – I didn’t know exactly where this report came from, whether it was above us or where, but this followed by two more reports (Warren Commission, Vol. XII, 2. 8). The week after this deposition, Curry was in Washington testifying at great length before the Commission – but he was not asked about where he thought the shots came.

He did say where he ordered his men to search for the gunman. I said over the radio, I said: “Get someone up in the railroad yard and check.” (IV, 1. After the shots rang out, Dallas police chief Jesse Curry ordered his men to search the railroad yard behind the grassy knoll. Curry’s memory, though not his language, is confirmed by the audio recording of Dallas Police Department’s radio communications that day. On recording Curry is heard to say, “Get a man on top of that triple underpass and see what happened up there.” He was referring to the area in front of JFK’s limousine. Deputy sheriff Eugene Boone ran towards the knoll and then the railroad yard as soon as he heard the shots (XIX, 5. VII, 1. 05- 9). 5) Deputy constable Seymour Weitzman, like most of the other deputies, was standing at the corner of Main and Houston when he heard the shots.

He ran toward the President’s car and climbed over a wall in “the monument section,” looking for the assassin (IV, 1. Roger Craig, too, on hearing the first shot, ran until he reached “the terrace on Elm Street” and then the railroad yards (XIX, 5. Harold Elkins was more explicit: I immediately ran to the area from which it sounded like the shots had been fired. This is an area between the railroad and the Texas School Book Depository which is east of the railroad.

XIX, 5. 40)8) “Lummie” Lewis, 9) A. D. Mc. Curley, 1. Luke Mooney, and 1. W. W. Mabra all heard the shots the same way and ran to search the grassy knoll and the freight yard. XIX, 5. 26, 5. 14, 5.

The shots sent Deputy Sheriff J. L. Oxford running toward the triple underpass (XIX, 5. L. C. Smith’s reaction to the shots was to climb the fence behind the grassy knoll and search the parking lot (XIX, 5. Deputy I. C. Todd ran to the railroad tracks, as did 1. Ralph Walters and radio officer 1. Jack Watson (XIX, 5.

Harry Weatherford told much the same story about when he heard the sound of gunfire. He knew what it was: (XIX, 5.