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Monday Afternoon Open

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sattv4u21/19/2009 1:59:05 pm PST

RE: Circuit City
File this under DEATH BY OWN HAND

Circuit City’s brand value was diminished in the 1990s as it faced tougher competition from Best Buy Co., which built bigger stores in better locations.

Wurtzel has previously said Circuit City didn’t take the threat from Best Buy seriously enough and at some points was too focused on short-term profit rather than long-term value