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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. [2][3] After multiple purchases and a successful run on ...
Circuit City issued the first CarMax stock in February 1997, when CarMax had seven locations. Initially, the stock was a tracking stock still under the umbrella of Circuit City. CarMax officially split from Circuit City as of October 1, 2002, when it was spun off as a stock dividend for Circuit City shareholders, with shares also issued to ...
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. [ 1 ] Under his leadership, the company grew to be the best performing Fortune 500 Company for any fifteen-year period between 1965 and 1995.
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Parent. InterTAN (1986–2004) Circuit City (2004–2009) BCE Inc. (2009–2024) Website. thesource.ca. The Source (Bell) Electronics Inc., doing business as The Source (French: La Source), was a Canadian consumer electronics and cell phone retail chain. The chain has been present for more than 50 years in Canada, initially as Radio Shack and ...
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In 1998, RadioShack called itself the single largest seller of consumer telecommunications products in the world; its stock reached its peak a year later. [91] InterTAN, a former Tandy subsidiary, sold the Tandy UK stores in 1999 and the Australian stores in 2001. InterTAN was sold (with its Canadian stores) to rival Circuit City in 2004.