Tektodo

According to a recent BusinessWeek article, Circuit City has finally given in and is now starting the process of negotiating a deal to be sold, most likely to Blockbuster.  Both Circuit City and Blockbuster have hit hard times and there are many investors who are questioning whether the deal would simply cause both companies to sink even further into trouble.  Nevertheless, as is stated in the BusinessWeek article, Circuit City’s stock increased by over 10% yesterday, following the recent announcement.

Years ago, Circuit City used to be my electronics retailer of choice.  However, in the past few years, I have found Best Buy to better suit my needs, largely due to its larger inventory, especially when it comes to games.  Whenever I go to my local Circuit City, there’s almost no one there.  Conversely, Best Buy always seems to be packed.  Hopefully the merger with Blockbuster (should it go through) will breath new life into Circuit City and reestablish it as a strong competitor of Best Buy.