CIRCUIT CITY今年第二季度亏损USD2.39亿,第二季度营业额为USD22亿,相比去年同期下降10.6%.已停开新店,计划关闭部分店.不过已放弃了卖或者是与人合并的计划,准备自救.不知是不是没人敢或愿买?

Circuit City Halts New Stores, Could Close Current Ones

By Alan Wolf --  9/29/2008 7:50:00 AM

Richmond, Va. — Circuit City has taken itself off the auction block and will dramatically reduce new store openings following a $239 million net loss in its second fiscal quarter.

The company may also close existing stores following a comprehensive review of its business, intimated vice chairman James Marcum, who last week succeeded Phil Schoonover as acting CEO. Shorter term, the chain is preparing for the coming holiday season with “simple, easily implemented” fixes, he told investors during a Monday morning conference call.

Domestic sales fell 10.6 percent to $2.2 billion during the quarter, ended Aug. 31, while same-store sales fell 14.4 percent and the net loss mushroomed from the $62.8 million loss reported during the year-ago period.

During the conference call, chief financial officer Bruce Besanko blamed the sales decline on the weak economy, a double-digit drop-off in traffic, new store openings by competitors and the diminished relevance of the Circuit City brand.

“Clearly, the performance of the company is unacceptable to all of our stakeholders, and it is imperative that we take the right steps to accelerate our turnaround,” Marcum said in a statement.

Given current market conditions the company has abandoned plans to pursue a merger or sale, and instead is conducting “a comprehensive review of all aspects of our business,” he said, while working to beef up four core areas: customer experience, execution, service culture and stores.