No, we haven't slipped into an alternate reality where Circuit City didn't go out of business and close down all of its stores. Rather, as the Associated Press reports, Systemax has bought the Circuit City brand and plans to
reanimate the chain's zombie corpse reopen the circuitcity.com website "in the next few days."
Reportedly, Systemax paid the tidy sum of $14 million for Circuit City's "intellectual property assets." The firm has also agreed to pay $3 million in royalties over 30 months to the remains of the former store chain. The current placeholder welcome page at circuitcity.com promises that the new website will offer "Lower Prices, new Wider Selection, new Faster Shipping, and a better 24/7 Customer First Service Department."
As the AP points out, Systemax also snatched up the CompUSA brand and a handful of stores after that chain closed down last year. Systemax also owns U.S. and Canadian online retailer TigerDirect.
|Silverstone's Strider Titanium PSUs are ready for a high-power future||6|
|VR180 video bridges the gap between YouTube and VR||0|
|Steam 2017 Summer Sale, part deux||13|
|Deals of the week: Z270 mobos, spinning storage, and more||2|
|G.Skill readies up for X299 with quad-channel DDR4 at 4200 MT/s||11|
|Asus' VivoBook S510 is an ultrabook for the budget crowd||12|
|Windows Insider Build 16226 gives users a look at GPU utilization||21|
|Steam's 2017 Summer Sale is downright hot||45|
|Asus XG-C100C NIC breaks the gigabit barrier||33|