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Circuit City sold a further 10% of its interest in CarMax in July 2001 for $140mm (~$230 million in 2023), with proceeds going to Circuit City. CarMax was spun off from Circuit City in a tax free distribution to shareholders in October 2002 to allow both companies to grow and be valued independently.
The good thing about Fourth of July sales is that they are typically a multi-day event for most retailers, bookending the holiday. This year, July 4th lands on a Thursday and is two weeks away, so ...
Amazon's 4th of July sales, as well as Walmart's, have kicked it into high gear. Top retailers are dropping discounts on bestsellers, like the end-of-season savings happening right now at Kate ...
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In 1993, Dixons decided to throw in the towel on its investment, and sold a controlling stake in Silo for $45 million (~$85.7 million in 2023) to Fretter, Inc. Fretter was a Detroit, Michigan-based company, operating electronics stores under the Fretter's, YES! (short for Your Electronics Store), Dash Concepts, and Fred Schmid banners.
Pages in category "Circuit City" The following 5 pages are in this category, out of 5 total. This list may not reflect recent changes. ...