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Home > Company Index > Retail > Consumer Electronics Retailing > Circuit City Stores, Inc.

Circuit City Stores, Inc.
 NEWS FROM THE STANDARD
AOL to Start Interactive TV in 3 Markets
Jun 19 2000 05:51 AM PDT

 PROFILE
For disc- or wheel-spinning, shoppers can head to Circuit City Stores. The company consists of two businesses under separate tracking stocks: Circuit City Group, the #2 US electronics retailer (behind Best Buy), with about 630 stores, and CarMax Group, which runs 40 used-car superstores. Circuit City stores are known for broad selection and competitive pricing. CarMax locations offer no-haggle deals with prices ranging from $4,000 to $30,000. CarMax also operates more than 20 new-vehicle franchises (mostly located at its used-car locations). The company has scrapped its Digital Video Express (Divx) venture, which offered DVD players and limited-use movie discs through Circuit City Group stores.

 COMPETITION
Best Buy Co., Inc. (BBY)
CompUSA Inc. (dossier)
United Auto Group, Inc. (UAG)

 FINANCIAL OVERVIEW
Fiscal Year-End: February
2001 Sales (mil.): 12,959.00
1-Yr. Sales Growth: 2.7%
Employees: 59,194
Revenue per employee: $218,924.22

 KEY PEOPLE
• W. Alan McCollough
    CEO
• Michael T. Chalifoux
    CFO

 CONTACT INFO
9950 Mayland Dr.
Richmond, VA 23233
US
Phone: 804-527-4000
Fax: 804-527-4194
Online: Web Site

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