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Did Best Buy & Circuit City merge?

post #1 of 5
5/19/04 at 10:58pm
Thread Starter 
A few days ago, there was a brief article in the local paper about talk of a Circuit City opening a store in our major mall just a few doors from Best Buy. Seems to me that I had read someplace that Best Buy was buying Circuit City. Any truth to this? I can see them going head-to-head like this if they are competitors, but it seems strange if they are both owned by the same company.
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post #2 of 5
5/20/04 at 12:05am
I found a story about Circuit City potentially being sold but they're certainly not merging with Best Buy.
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post #3 of 5
5/20/04 at 8:04am
Best Buy is not buying Circuit City.
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post #4 of 5
5/20/04 at 12:32pm
The Best Buy Corporation made a big enough mistake by buying Musicland -- I don't think they'd do it again with Circuit City...

--Mark--
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post #5 of 5
5/21/04 at 12:09pm
It might make sense if each had a separate market area, thereby creating one big national chain. But generally, they're across the street from each other so there'd be little market gain from them merging.
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