Circuit City December Sales fall

[c1ue]

http://biz.yahoo.com/ap/080107/circuit_city_sales.html

Electronics retailer Circuit City Stores Inc. said Monday its same-store sales fell 11.4 percent in December, as strength in the last two weeks of the month was not enough to offset earlier weakness.

The company said comparable domestic sales decreased for televisions, camcorders, DVD hardware and digital imaging products. It saw the most strength in video games and in navigation devices.

Ouch, switch $2000 TVs and $800 camcorders for $300 video games and $200 navigation devices...

[whitetower67]

Re: Circuit City December Sales fall

A sure sign that people must be having difficulties obtaining HELOCs in order to buy their plasma tvs and sound systems.