According to Wikipedia, Circuit City Stores Inc. was an American retailer in brand-name consumer electronics, personal computers, entertainment software, and large appliances. In 1986 Circuit City took the final step in consolidating its operations. The company closed down its 15 unprofitable stores in the New York area, run under the Lafayette name, after a five-year, $20 million struggle to crack this tough market. The Circuit City brand is now owned by Systemax, which uses the brand to sell electronics as an online retailer. At the time of liquidation, Circuit City was the second largest U.S. electronics retailer, after Best Buy. There were 567 Circuit City Superstores nationwide, ranging in size from 15,000 to 45,000 square feet.
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