Circuit City: Buyer Beware

If you buy a new computer you likely will want the store you bought it from to support it. What happens if the flat screen TV you bought goes on the fritz four months after you buy it? What if that great digital camera you purchased can be found somewhere else for a way cheaper price a month after you purchase it?

In each case you would want the help of the store you bought it from. If true, then beware in buying any high ticket item this Christmas from Circuit City.

Circuit City recently hired the same law firm that handled Kmart’s bankruptcy several years ago. And a rumor going around retail circles these days is that Circuit City may not go bankrupt at all and would opt instead for just closing stores and operating online (an epic disaster scenario for buyers).

And for goodness sake — stay away from Circuit City gift cards this holiday season. They may not be any good into the New Year.

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