Thursday, January 28, 2016

Circuit City Set To Return This Spring

The new Circuit City will embrace MAP and UPP pricing, build margins into its private-label assortment, and will stick to a small-box retail format in affordable yet densely-populated real estate markets.

The stores themselves will range from 2,000 to 4,000 square feet, and will feature product zones that present the assortment by category and brand.

Ronny Shmoel, CEO of the enterprise, expects to have 50 to 100 corporate-owned stores up and running by next year and, eventually, an additional 100 to 200 franchised locations.. . . more

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