871
Empires fall (slrpnk.net)
submitted 2 days ago by [email protected] to c/[email protected]
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[-] [email protected] 3 points 9 hours ago

There was always a certain ambiance in Circuit City that I found to be appealing. At least on my local one before it closed down. It was like the lights were dimmed way down, but it was still bright enough to see. I guess you would call that "cool temperature" lighting, which is definitely not fashionable anymore. Everything nowadays seems to follow Apple's store design which is this sterile eggshell white, bathed in neutral or warm temperature lighting. I find it kind of boring, but I understand why they do it that way.

Plus, I loved how instantly recognizable their old stores were. The big red block turned at an angle for an entrance was brilliant imo. They used it a lot in their television commercials and made it look like a plug end or a battery coming down from the sky.

[-] [email protected] 2 points 9 hours ago
[-] [email protected] 28 points 1 day ago

I never understood circuit city. The local one ran prices 10-20% higher then best buy a few blocks over. You'd only ever go there when best buy ran out of dvd-r's.

That being said whoever worked in their gaming section and kept updating the demo kiosk with every game now labeled a "hidden gem"... Props because those were always fresh picks.

[-] [email protected] 5 points 1 day ago

Odd, it was the other way around where I lived. CC had the best prices while BB was overpriced, and like you said, CC’s gaming section was great.

[-] [email protected] 29 points 1 day ago

1 of the three was killed to make some hedge fund richer. Toys r us would not have died if it hadn't been shorted in to oblivion.

[-] [email protected] 8 points 1 day ago

I miss my frys electronics and their goofy buildings

At least microcenter will come to my hometown soon

[-] [email protected] 2 points 1 day ago* (last edited 1 day ago)

My only complaint with microcenter is that the commission in incentives come off as extreme. Like I will be walking around with something in my hand and a rando will come up to me, say "hey there boss, lemme just slap this on that for you," and proceed to put a sticker on it with their ID. Not a big deal, but palpable, and makes it harder to just browse.

[-] [email protected] 1 points 10 hours ago

Time to swap it out for an unlabeled one I guess 🤷

[-] [email protected] 2 points 9 hours ago

Nah, no hard feelings towards the retail folks, they're doing what they're supposed to. It's just that I wish the corporate incentives were different so it felt more like the staff were trying to help.

[-] [email protected] 30 points 1 day ago

Once again “the earth” is supposedly synonymous with “that one country in North America”…

[-] [email protected] 1 points 9 hours ago

Lemmy users any time someone references anything American

[-] [email protected] 15 points 1 day ago

All three of these businesses were worldwide so fail.

Except for circuit City before some "akchually" guy corrects me, but it was still multinational (as in 2 nations to be exact).

[-] [email protected] 23 points 1 day ago

It’s true. North America does in fact exist on planet earth.

[-] [email protected] 11 points 1 day ago

Once again “the earth” is supposedly synonymous with “that one country in North America”…

they gave North American examples but the statement is universally true

[-] [email protected] 14 points 1 day ago

Yeah, ToysRUs is alive and well in Canada. I have no idea that the bottom-right one is.

[-] [email protected] 11 points 1 day ago

Circuit City

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[-] [email protected] 20 points 1 day ago

Some empires that ought to fall... google, facebook, microsoft

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[-] [email protected] 115 points 1 day ago

A reminder that two of those three didn't fall, they were killed by vulture capital

[-] [email protected] 69 points 1 day ago* (last edited 1 day ago)

Private equity spent most of the 90's destroying Montgomery Ward and Eddie Lampert held Sears/KMart under the water until the bubbles stopped so he could cry to anyone that would listen that the retail business was failing while he made a fortune selling off the company's real estate.

[-] [email protected] 24 points 1 day ago

Yup, they deliberately ran it into the ground. They took out loans against Kmart to buy Sears and sold Sears and Kmart properties off to give themselves money via stock buybacks.

And what's worse, because it worked, you can see similar actions happening to other major retail outlets. Target, in particular, seems to be following directly in the footsteps of Kmart.

[-] [email protected] 11 points 1 day ago

There was a Wisconsin retail chain, Shopko, that fell to this, too. They bought the company, then took out loans against all the properties. Those loans were paid out as bonuses to the board, but the company had to pay the bill.

Then they minimally staffed the stores. One person handling registers, one or two behind the customer service counter, and one or two people on the floor to handle stocking and helping customers. If you needed help, you could easily be waiting around 15 minutes for anyone to come. This for a store that, while not as big as a Super Walmart, is around the size of a regular Walmart.

During the inevitable bankruptcy, it was revealed that the money taken at the register for state sales taxes was pocketed by the company rather than paid to the state.

All under the guise of "brick and mortar can't compete with Amazon". Competition was not the problem. Shopko was murdered by its own board of directors.

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[-] [email protected] 5 points 1 day ago

This is why I'm so angry that billionaires managed to convince people there are companies that are "too big to fail".

Our tax dollars have been used to prop up private companies.

Yet it couldn't save toys r us?

[-] [email protected] 2 points 10 hours ago

Yet it couldn't save toys r us?

Nope. Because Toys R Us was murdered by an investment firm.

[-] [email protected] 23 points 1 day ago

You can blame BCG and shitty hedge funds for that

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[-] [email protected] 39 points 1 day ago

"Fun" fact: Bain Capital killed both TRU and KayBee Toys.

[-] [email protected] 43 points 1 day ago
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[-] [email protected] 6 points 1 day ago

The giraffe still lives.

[-] [email protected] 4 points 1 day ago

I actually worked at the second to last block busters. It was sad like having a job inside a dying person. Every month it was a new gimmick to get people back. But still fewer and fewer people showed up. You could feel the end coming.

[-] [email protected] 26 points 1 day ago

They didn't fall, they left.

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[-] [email protected] 4 points 1 day ago* (last edited 1 day ago)

There's still a Blockbuster sign up by the freeway near where I used to live. There wasn't a Blockbuster there even when I moved there 10 years ago.

[-] [email protected] 15 points 1 day ago

Look up on my works ye mighty and despair

[-] [email protected] 2 points 1 day ago

pour one down for Fry’s

[-] [email protected] 19 points 1 day ago* (last edited 1 day ago)

Stahp I just watched a 2-hour video analysis of liminal spaces I can only get so hauntological

[-] [email protected] 6 points 1 day ago

I met a traveller from an antique land,

Who said—“Two vast and trunkless legs of stone

Stand in the desert. . . . Near them, on the sand,

Half sunk a shattered visage lies, whose frown,

And wrinkled lip, and sneer of cold command,

Tell that its sculptor well those passions read

Which yet survive, stamped on these lifeless things,

The hand that mocked them, and the heart that fed;

And on the pedestal, these words appear:

My name is Ozymandias, King of Kings;

Look on my Works, ye Mighty, and despair!

Nothing beside remains. Round the decay

Of that colossal Wreck, boundless and bare

The lone and level sands stretch far away.”

[-] [email protected] 2 points 1 day ago

Of course, some months later as fall approached, travellers saw stretched between the ruined pillars a banner proclaiming: Spirit Halloween Now Hiring!

[-] [email protected] 1 points 11 hours ago

It is the end of everything.

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[-] [email protected] 5 points 1 day ago* (last edited 1 day ago)

Portugal still has multiple very successful Toys R Us stores, most of them more than 20 years old at this point

[-] [email protected] 17 points 1 day ago

I miss Fry's Electronics Stores

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this post was submitted on 26 Sep 2024
871 points (98.8% liked)

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