Return of Circuit Metropolis? Shops Might Open By Finish of Yr
Circuit Metropolis could also be making a comeback with an formidable plan to open thousand of shops over the subsequent 5 years.
The nationwide retail chain closed its doorways in 2009 after doing enterprise for 60 years. Ronny Shmoel and Albert Liniado purchased the rights to the corporate from Systemax, based on commerce journal Twice.
Now the 2 are planning to open retail shops outfitted with touchscreen terminals, which can let clients flick through stock. The shops will promote tablets, headphones, drones and different electronics, together with the corporate’s personal model of cheap pc equipment, akin to USB cables.
Shmoel confirmed that the Twice story was correct to NBC Information.
The primary Circuit Metropolis beneath the brand new plan would in all probability open within the Dallas space within the spring. Shmoel has the objective of opening 50 to one hundred shops by subsequent yr. Promoting items on CircuitCity.com can also be an essential a part of the corporate’s plan, with Shmoel anticipating that Circuit Metropolis may also promote its personal model on different retail websites.
The Circuit Metropolis potential revival comes after the decline of one other electronics retail big, RadioShack, which closed down earlier this yr.