More Bad News for Gateway on the Way?

By: Mr. Wilson on November 2, 2008
Could tomorrow bring more bad news to Gateway, the corridors of which are starting to look a tad empty? Rumors are circulating that the locations of 155 soon-to-be-shuttered Circuit City stores will be released on Monday. I don't have any specific information suggesting Lincoln's lone CC is on that list. Lincoln's Circuit City could be the company's most profitable for all I know. But Gateway's momentum has been decidedly negative lately. If bad news travels in packs, the outlook for Lincoln's CC doesn't look good. UPDATE: Unbelievably, Lincoln's store is not on the list. Thanks to Jeff R for the link.

Comments

See what your friends and neighbors have to say about this.

Swid
November 2, 2008 at 11:39PM

...as Lincolnites forgot that we had a Circuit City location a decade ago. 😉

CP
November 3, 2008 at 12:50AM

We have a Circuit City?

Oh wait… I think can picture it - north side of the mall? Needless to say, I never made it in there. If it closes I suppose you can blame me.

D.M.B.
November 3, 2008 at 2:11AM

I thought that place was up for closing a long time ago.

swoof
November 3, 2008 at 2:47AM

I just read this news, too.  I would not be surprised to see Lincoln’s CC close.  I don’t think I’ve ever seen a more out-of-sight-out-of-mind location for a big box technology store.  I bought a TV there on the day after Thanksgiving about 8 years ago because the lines at Best Buy were too long.  I’ve never been back.

Jeff R
November 3, 2008 at 1:33PM

Absolutely.  The only reason I ever go there is because the lines are nonexistent.  Now, finding somebody who wants to check you out, on the other hand…

foxspit
November 3, 2008 at 2:03PM

My boycott of Circuit City is nigh onto 15 years now. I’ve gone one time (to the now-closed Omaha store) and the experience was so awful that I vowed to never go back.

Jeff R
November 3, 2008 at 2:26PM

It looks like Lincoln’s CC isn’t on the chopping block - for now.  I’m sure this will end like Linens ‘n Things, they started by closing a handful of stores to try and avoid bankruptcy, but that didn’t really work for them.  CC is getting close to being delisted from NYSE and vendors are denying them holiday merchandise shipments.

Consumerist.com has the list:

http://consumerist.com/5074854/complete-list-of-closing-cicruit-city-store

Mr. Wilson
November 3, 2008 at 2:40PM

Thanks for the link, Jeff.

Neal
November 3, 2008 at 6:06PM

Man, this stinks. I bought my last video camera there. That extended warranty is sure gonna be useful now.

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