Circuit City
It fired its most experienced sales staff to cut wages and lost the expertise customers came in for.
Circuit City's most-cited decision came in 2007, when it laid off around 3,400 of its highest-paid store employees and invited them to reapply at lower wages. In a business where people buying an expensive television want someone who can answer questions, this removed the reason to visit. It filed for bankruptcy the following year and liquidated in March 2009. The trademark has since been relaunched more than once, without the stores.
Standing in the archive
Rank 29 of 127 by lifespan. Circuit City outlasted 78% of everything else on file.
Cite this entry
"Circuit City." How Long It Lasted, https://www.howlongitlasted.com/thing/circuit-city.
Died nearby
- AstroWorld37y 4m · killed by cost
- Braniff International Airwaysabout 54 years · killed by cost
- Choco Tacoabout 39 years · killed by cost
- Concorde27y 9m · killed by cost
- Eastern Air Linesabout 65 years · killed by cost
Sources
- Circuit City — Wikipedia (archived)
- Circuit City is back from the dead, again — CNBC (archived)
Last checked by a human on 24 July 2026