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Circuit City (1949–2009)
Circuit City Corporation, Inc., formerly Circuit City Stores, Inc., is an American consumer electronics retail company, which was founded in 1949 by Samuel Wurtzel as the Wards Company, operated stores across the United States, and pioneered the electronics superstore format in the 1970s. After multiple purchases and a successful run on the NYSE, it changed its name to Circuit City Stores Inc. Ronny Shmoel re-established the brand name in 2016 as part of his acquisition of the brand name and trademark rights sold by Systemax. Systemax formerly operated the CircuitCity.com website from 2009 until 2012, when it was consolidated into the TigerDirect brand, which kept the website open until 2023, when TigerDirect shut down. Retail History As Wards Company (1949–1984) In early 1949, Wurtzel was on vacation in Richmond, Virginia when, while at a local barber shop, he was witness to the start of television in the South. Imagining the opportunities, in late 1949, he moved his family ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Privately Held Company
A privately held company (or simply a private company) is a company whose Stock, shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the Private equity, company's stock is offered, owned, traded or exchanged privately, also known as "over-the-counter (finance), over-the-counter". Related terms are unlisted organisation, unquoted company and private equity. Private companies are often less well-known than their public company, publicly traded counterparts but still have major importance in the world's economy. For example, in 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for $1.8 trillion in revenues and employed 6.2 million people, according to ''Forbes''. In general, all companies that are not owned by the government are classified as private enterprises. This definition encompasses both publ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Alan Wurtzel
Alan Wurtzel is an American businessman, author, speaker, and philanthropist. He spent 13 years as CEO of Circuit City before retiring in 1986. He now acts as trustee for the Phillips Collection and the Chesapeake Bay Foundation. Career Wurtzel received a B.A. from Oberlin College in 1955 and a J.D. from Yale Law School. He joined Circuit City in 1966 as vice president of legal affairs and then was CEO from 1972 to 1986. He was chairman of the board from 1984 to 1994 and vice-chairman from 1994 to 2001. Circuit City was profiled as one of the eleven companies in Jim Collins' 2001 book '' Good to Great''. Wurtzel sold all of his Circuit City Stock in 2000, and left the company in 2001. Under his leadership, the company grew to be the best performing Fortune 500 Company for any fifteen-year period between 1965 and 1995. Wurtzel was director of Dollar Tree Stores, Inc., retiring from the board in 2009, and from 1989 to 1996, was on the board of Office Depot. He has been an acti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Union Square (New York City)
Union Square is a historic intersection and surrounding neighborhood in Manhattan, New York City, United States, located where Broadway and the former Bowery Road – now Fourth Avenue – came together in the early 19th century. Its name denotes that "here was the union of the two principal thoroughfares of the island". The current Union Square Park is bounded by 14th Street on the south, 17th Street on the north, and Union Square West and Union Square East to the west and east respectively. 17th Street links together Broadway and Park Avenue South on the north end of the park, while Union Square East connects Park Avenue South to Fourth Avenue and the continuation of Broadway on the park's south side. The park is maintained by the New York City Department of Parks and Recreation. Adjacent neighborhoods are the Flatiron District to the north, Chelsea to the west, Greenwich Village to the southwest, East Village to the southeast, and Gramercy Park to the e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Akron
Akron Stores or The Akron was a Southern California–based imported goods and home decorating department store retail chain established in 1947 and was known to carry unusual merchandise, mostly imports. The chain had over 24 stores throughout Southern California from San Diego to San Francisco before it was forced to close in 1985. In a 2001 interview in Los Angeles Magazine, co-founder Hyman Fink described selling "everything from handkerchiefs to fire hydrants to motorcycles to live Mexican monkeys" in his stores. The product mix offered in the stores is best described as ''eclectic'' and had included home decorating items, cookware, dining ware, food, clothing, electronics, live plants, and furniture. Many items were one of a kind and no one knew what would be in the stores the following week. A 1960 article in the ''Los Angeles Times'' described the store as "a pioneer in new and distinctive merchandising techniques" that "long specialized in decorator items from abroad" tha ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
