Circuit City Stores Returning? Not Yet
A published report this week stated that Systemax, Inc., which purchased the Circuit City name last summer and relaunched its Web site, is "contemplating" a revival of brick-and-mortar stores under that name.
But a company executive questioned by Dealerscope would only say the company is "exploring other opportunities" beyond the company's current, online-only state.
Dow Jones Newswires, in a report Monday about the company's thriving fortunes, reported that such a move was under consideration by Systemax, which has successfully revived CompUSA as a brick-and-mortar brand. Following Circuit City's closure in early 2009, Systemax purchased its name, trademarks and Web site, the latter of which was relaunched last spring.