These releases and statements were accurate, in all material respects, at the time of their issuance. However, Circuit City Stores, Inc. assumes no obligation to update, correct or otherwise modify any of this material. We recommend that you view the most recent releases and statements in order to receive the most current information made available by our company.
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All Releases
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Circuit City Board of Directors Authorizes Exploration of Strategic Alternatives to Enhance Shareholder Value
05/09/2008
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RICHMOND, Va., May 9, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- Circuit City Stores, Inc. (NYSE: CC) announced today that it has retained Goldman Sachs & Co. to assist the company in exploring strategic alternatives to enhance shareholder value. The company noted that at this time the board of directors has not determined to pursue any...
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Circuit City And Wattles Capital Management Reach Agreement
05/09/2008
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RICHMOND, Va., May 9, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- Circuit City Stores, Inc. (NYSE: CC) and Wattles Capital Management, LLC ("WCM") today announced that they have reached an agreement under which Circuit City's board of directors will select three of WCM's director nominees and include them as nominees of the board at Circ...
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Caps, Gowns and Electronics; College Students Rate Top Graduation Gifts in New National Survey; Circuit City Offers Timely Gift Tips
05/05/2008
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RICHMOND, Va., May 5, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- A new national survey commissioned by electronics retailer Circuit City shows more than half of male college students and almost a third of female college students want a tech gift for graduation this year.
More than three million college students are expected to take ...
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Circuit City Issues Statement in Response to Wattles Capital Management, LLC
04/23/2008
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RICHMOND, Va., April 23, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- Circuit City Stores, Inc. issued the following statement in response to a letter received today from Wattles Capital Management, LLC:
As noted in a press release dated April 14, 2008, Circuit City indicated that Blockbuster Inc. (NYSE: BBI) has not provided answers ...
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Going High Tech for Mother's Day: Digital Imaging Top Electronic Gift for Moms; Circuit City Offers Instruction in Stores and Online
04/21/2008
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RICHMOND, Va., April 21, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- With Mother's Day 2008 fast approaching, a new national survey commissioned by electronics retailer Circuit City confirms mom's place as "family historian" and shows digital imaging products are a popular gift choice among American moms.
More than 4,000 moms nationw...
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Consumer Interest High for 'Green' Electronics; Celebrating Earth Day 2008 Circuit City Makes it Simple to Shop for Environmentally-Friendly Products
04/17/2008
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RICHMOND, Va., April 17, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- Unveiling new national survey results that show high public interest in energy efficient electronics, retailer Circuit City has launched a new Web resource to help consumers adopt "green" strategies.
The new online tools can be found at www.circuitcity.com/green and...
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Circuit City Confirms Receipt of Unsolicited Proposal from Blockbuster
04/14/2008
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RICHMOND, Va., April 14, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- Circuit City Stores, Inc. today confirmed that it received an unsolicited, non-binding proposal from Blockbuster Inc. (NYSE: BBI) to acquire all of the outstanding shares of Circuit City for at least $6.00 per share in cash. Consistent with its fiduciary duties, the Cir...
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Circuit City Stores, Inc. Reports Fourth Quarter and Fiscal 2008 Results
04/09/2008
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RICHMOND, Va., April 9, 2008, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- Circuit City Stores, Inc. (NYSE: CC) today reported results for the fourth quarter and fiscal year ended February 29, 2008.
Fiscal 2008 Highlights
During fiscal 2008, the company implemented a number of initiatives and achieved progress against many of its ...
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Circuit City Sends Letter to Wattles Capital Management
04/04/2008
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RICHMOND, Va., April 4, 2008, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- Circuit City Stores, Inc. (NYSE: CC) today announced that its lead director has sent a letter to Mark Wattles of Wattles Capital Management, LLC in response to his letter dated April 2, 2008.
The text of the letter is as follows:
April 4, 2008
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Circuit City Stores, Inc. to Host Fourth Quarter and Fiscal 2008 Results Conference Call
03/31/2008
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RICHMOND, Va., March 31, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- Circuit City Stores, Inc. (NYSE: CC) announced that it plans to report results for the quarter and fiscal year ended February 29, 2008, on Wednesday, April 9, 2008.
The company expects to host a conference call for investors at 10:00 a.m. EDT that day. Investors in ...
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Circuit City Stores, Inc. Announces Quarterly Dividend
03/17/2008
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RICHMOND, Va., March 17, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- Circuit City Stores, Inc. announced today the declaration of a quarterly dividend of 4 cents ($0.04) per share on the Circuit City Stores, Inc. Common Stock (NYSE: CC). The dividend is payable April 15, 2008, to shareholders of record at the close of business on March 3...
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Circuit City Confirms Receipt of Shareholder Proposals
02/29/2008
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RICHMOND, Va., Feb 29, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- Circuit City Stores, Inc. today confirmed receipt of two proposals from shareholder Wattles Capital Management, LLC. In one proposal, Wattles Capital Management, which holds only approximately 6.5 percent of the outstanding shares of the company's common stock, proposes t...
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Circuit City Confirms Receipt of Board Nominations
02/25/2008
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RICHMOND, Va., Feb 25, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- Circuit City Stores, Inc. today confirmed receipt of notice from shareholder Wattles Capital Management, LLC that it intends to nominate five directors for election to Circuit City's 12-member board of directors at the company's 2008 Annual Meeting of Shareholders. In acc...
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Circuit City Kicks Off Year-Long Education Campaign for 2009 Digital TV Transition with Live Web Forum Hosted by Sound & Vision Magazine
02/12/2008
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Richmond, Va. February 12, 2008 - Circuit City Stores, Inc. will initiate a year-long, multi-faceted campaign to educate the public about the nation's upcoming transition from analog to digital TV broadcasting, marking the one-year countdown with an interactive Web forum hosted by Sound & Vision Magazine's Technical Editor Al Griffin....
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Circuit City and Kodak Announce 'Find the Next firedog(SM)' Grand Prize Winner
01/30/2008
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RICHMOND, Va., Jan 30, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- Circuit City's firedog(SM) services and Eastman Kodak Company (NYSE: EK) today named Hank of Raleigh, N.C., the grand prize winner in their "Find the Next firedog" photo contest, resulting in a grand prize donation of $60,798 to Neuse River Golden Retriever Rescue. The am...
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Circuit City Stores, Inc. Names Jeffrey S. Stone Executive Vice President - New Business Development
01/29/2008
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RICHMOND, Va., Jan 29, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- Circuit City Stores, Inc. (NYSE: CC) today announced that Jeffrey S. Stone has joined the company as executive vice president -- new business development. Stone will oversee the growth and development of The City(TM) concept stores, firedog(SM) services and ongoing innova...
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Circuit City Stores, Inc. Names John T. Harlow Executive Vice President and Chief Operating Officer
01/16/2008
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RICHMOND, Va., Jan 16, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- Circuit City Stores, Inc. (NYSE: CC) today announced that John T. Harlow has joined the company as executive vice president and chief operating officer. Harlow will oversee the company's retail stores, real estate, information technology and supply chain. Harlow comes to ...
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New National Survey Confirms Super Bowl Top Televised Sporting Event; Circuit City Offers TV Delivery & Installation Guarantee for the Big Game
01/15/2008
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RICHMOND, Va., Jan 15, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- As sports enthusiasts nationwide prepare for the biggest football game of the season, a new national survey from electronics retailer Circuit City confirms that the Super Bowl is the clear favorite among all sporting events on TV.
Ninety-two percent of men and sixty-e...
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Circuit City Stores, Inc. Announces December Sales
01/07/2008
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RICHMOND, Va., Jan 07, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- Circuit City Stores, Inc. (NYSE: CC) today announced net sales for the month ended December 31, 2007. Total net sales decreased 8.9 percent to $1.92 billion from $2.10 billion in the month ended December 31, 2006, with a consolidated comparable store sales decrease of 11....
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Circuit City and Kodak Announce Finalists for 'Find the Next firedog' Contest; Voting Begins to Choose Star of National TV Commercial
01/06/2008
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RICHMOND, Va. and ROCHESTER, N.Y., Jan 06, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- Circuit City Stores, Inc. and Eastman Kodak Company (NYSE: EK) today announced the 20 canine finalists in a nationwide search to find a star quality pooch to appear in a national TV commercial for Circuit City's firedog(SM) services unit. The contest a...
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