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Whos stepping into Circuit Citys shoes?

April 26, 2017circuit city Investing shoes stepping Stock Market

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Whos stepping into Circuit Citys shoes?

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The demise of Circuit City could mean larger retail sales for Best Buy, H. H. Gregg, and Wal-Mart. Circuit City sold certain assets to Systemax on May 19, 2009. Systemax (SYX) prides itself on marketing computers and products throughout North America and the European continent. Systemax offers their products through catalogs and websites, boasting of over 100,000 items from both the brand and private label sectors. Additionally, Systemax offers its own brand of software and industrial products. Systemax is apparently hopeful that its purchase of Circuit City’s assets will increase both its sales and name recognition. Systemax offers a wide selection of products, warranties, guarantees, and fast shipping times. Systemax has been trading between 8.36 and 19.70 for the past 52 weeks; on 5/27/09, it closed at 12.14.