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In order to keep the Lafayette name, which was popular in New York, Circuit City changed the store names to "Lafayette-Circuit City". However, these store locations were much smaller than a standard Circuit City, and did not carry major appliances, which Circuit City carried at the time. The stores were eventually closed as Circuit City left ...
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Best Buy Co., Inc. is an American multinational consumer electronics retailer headquartered in Richfield, Minnesota.Originally founded by Richard M. Schulze and James Wheeler in 1966 as an audio specialty store called Sound of Music, it was rebranded under its current name with an emphasis on consumer electronics in 1983.
Fretter also attempted to bill its stores as superstores, with a marketing strategy similar to that of Circuit City and Best Buy. However, the smaller size of its Silo and Fretter's units (10,000 to 15,000 square feet, as opposed to 35,000 square feet or more for a typical Circuit City store), made this an untenable strategy.
Richard L. "Rick" Sharp (April 12, 1947 – June 24, 2014) was an American business and retail executive who served as the CEO of Circuit City, a former consumer electronics retail chain, from 1986 to 2000.
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Circuit City was profiled as one of the eleven companies in Jim Collins' 2001 book Good to Great. Wurtzel sold all of his Circuit City Stock in 2000, and left the company in 2001. [ 1 ] Under his leadership, the company grew to be the best performing Fortune 500 Company for any fifteen-year period between 1965 and 1995.
The following year, the mall big-boxed the wing, turning much of it into an Old Navy store along with replacing Service Merchandise with a Circuit City store. After the departure of Bradlees in 2001, the store's former lot remained vacant until its demolition in 2002, with the former mall entrance being repurposed as an outdoor entrance.