AAPL Stock: 118.03 ( -0.85 )

Printed from

Systemax re-launches Circuit City online store

updated 04:50 pm EDT, Fri May 22, 2009

Systemax Circuit City site

Systemax on Friday announced it has finished its acquisition of online electronics retailer Circuit City following its bankruptcy and launched a revised Circuit City website. Systemax has also aquired CompUSA last year and oversees online retailer TigerDirect. The new Circuit City site has 24/7 customer service, advanced search functions and photo and video galleries of the products it carries.

Systemax purchased the domain, associated trademarks and trade names, as well as customer lists and information in addition to other assets for $14 million and a share of revenue generated over the next 30 months. A minimum of $3 million is guaranteed to Circuit City. The Bankruptcy Court approved the transaction on May 15th.

by MacNN Staff



Login Here

Not a member of the MacNN forums? Register now for free.


Network Headlines

Follow us on Facebook


Most Popular


Recent Reviews

Ultimate Ears Megaboom Bluetooth Speaker

Ultimate Ears (now owned by Logitech) has found great success in the marketplace with its "Boom" series of Bluetooth speakers, a mod ...

Kinivo URBN Premium Bluetooth Headphones

We love music, and we're willing to bet that you do, too. If you're like us, you probably spend a good portion of your time wearing ...

Jamstik+ MIDI Controller

For a long time the MIDI world has been dominated by keyboard-inspired controllers. Times are changing however, and we are slowly star ...


Most Commented