Wednesday, October 5, 2011

CircuitCity.com comes back to life - Minneapolis / St. Paul Business Journal:

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Systemax (NYSE: SYX) said in a statement it plans to compete with other online retailer s by offeringdiscounted prices, fast shipping and a wide selectiobn of products, as well as offering photo galleries and videosw of thousands of consumer electronics and computer Before it filed for Circuit City was among Richfield-based 's biggest competitors. Systemax already has the TigerDirect.com business and acquired last year. "This acquisition and quick launch of the allnew CircuitCity.
com further solidifies Systemax's position as a leader in online retailing of value-priced, branded computers and consumerr electronics," said Richard Leeds, chairman and chief executivw officer of Systemax. "Circuit City is one of the iconif brandsin U.S. electronics retailing with a 60-yeard legacy." A check of the Web site Mondayshowed CircuitCity.com offerint everything from GPS systems to BlackBerry phones and flat-screen TVs.

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