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Blogs about CC

Blogs	Description	Date Updated
YouTube Adds Closed Captioning	YouTube has turned on the ability to add full closed captions to videos. This will not only allow videos to appeal more directly to foreign audiences, but will give YouTube excellent data for searching videos and targeting ads to them. After all, a complete set of subtitles is the same as a transcript of the video. And you can upload subtitles for as many languages as you want. It’s excellent data. From the YouTube blog: You can add captions to one of your videos by uploading a closed...	August 28, 2008
Starbucks' Confusing Memo	So, Howard Schultz the billionaire will not get a salary raise at Starbucks (SBUX) this year. This is news why? The memo gets leaked and then there is a section in it that catches my eye. From the memo:All U.S. vice presidents and above, including Howard Schultz and the senior leadership team, will receive no salary increases this year.Based on Starbucks year-to-date performance, we are not currently on track to reach the requisite financial targets for the General Management Incentive Plan (GM...	August 28, 2008
Circuit City "Still for Sale": Who'd Buy It?	Blockbuster (BBI) offers almost a 100% premium to your current price and then complains your disclosure is inadequate, why would any other suitor step forward? Circuit City (CC) announced:Director James A. Marcum, 49, has been appointed vice chairman of the company. In this executive officer position, Marcum will play a key role in leading the efforts to accelerate the pace of the company's turnaround."The board and I selected Jim for this role because he is a highly-experienced retail turnaroun...	August 21, 2008
Circuit City's tips on back to school: why even bother?	Filed under: Rants and raves, Marketing and advertising, Circuit City Stores (CC)While vultures continue to circle around the body of consumer electronics retailer Circuit City Stores, Inc. (NYSE: CC), the company is at least trying to look alive even though much of the world has left it for dead. Circuit City's latest travail is offering "back to school tips" to concerned parents, who, after reading Circuit City's tips-as-a-marketing-press-release, must think the retailer is on its last leg.App...	August 18, 2008
Best Buy (BBY) expanding into Russia	Filed under: Products and services, Best Buy (BBY)Best Buy, Inc. (NYSE: BBY), after announcing it was going to come on strong in the United Kingdom, is now setting its sights on Russia to further its international expansion plans. This according to scattered media reports about the largest consumer electronics retailer in the U.S.Proof comes in the form of Best Buy's registration of the Future Shop trademark in Russia. The Future Shop trademark is the name for Best Buy's Canadian subsidiary. It ...	August 18, 2008
Corning: ThinkPanmure Cuts Ests On Weak TV Sales	Corning (GLW) shares are under pressure this morning after ThinkPanmure analyst Vijay Rakesh this morning cut his EPS estimate on the company, citing ongoing weakness in the U.S. television market. “Our checks through the electronic retail outlets indicate TV sales continue to decline despite Street expectations that August sales could stabilize,” he writes in a research note this morning. He says TV sales at both Best Buy (BBY) and Circuit City (CC) have continued to declined this m...	August 14, 2008
Cramer on BloggingStocks: Restaurant shake-up will favor nimble players	Filed under: Industry, Market matters, McDonald's (MCD), Walgreen Co (WAG), Best Buy (BBY), Circuit City Stores (CC), CVS Corp (CVS), Darden Restaurants (DRI), Yum Brands (YUM), U.S. Steel (X), Stocks to Buy, Rite Aid Corp (RAD), Cramer on BloggingStocksTheStreet.com's Jim Cramer says that as consumers try to stretch their dining dollar, Darden, Yum! and McDonald's will benefit. We all know we are overstored in this country and over-restauranted. There are tons of players -- so many that the co...	August 14, 2008
Pizzeria Uno could be latest in string of bankrupt restaurants	Bloomberg News reports that Uno Restaurant Holdings -- which operates Pizzeria Uno -- is the latest in a string of restaurants that can't stay afloat as consumers reverse splurge on their recession diets. It follows Bennigan's and Steak & Ale among those national restaurant chains that couldn't feed banks' hunger for loan repayment. Bloomberg reports that Uno won't pay the interest due on its debt as scheduled, and S&P downgraded it as a result. It wrote that Uno "will delay paying inte...	August 13, 2008
Schoonover Playing Fiddle on Deck While Titanic Sinks	Remember the scene from the movie "Titanic"? As the ship is going down, the group of violinists stays on decks playing thinking the ship ultimately will not sink. I am pretty sure one of them was Circuit City (CC) CEO Phil Schoonover. Five years after Circuit City refused an $8-a-share offer from Mexican billionaire Carlos Slim and a 2005 $17-a-share offer by hedge fund Highfields Capital Management LP Schoonover & Crew messed up a $6 to $8 offer from Blockbuster (BBI). Shares today sit at $1.75...	August 13, 2008
The Circuit City mess continues	Filed under: Management, Circuit City Stores (CC)Shares of Circuit City (NYSE: CC), the outhouse of electronics retailing, continue to frustrate investors, falling more than 4% yesterday after the company said that it would delay the completion of a new $45 million distribution facility that had been intended to consolidate the operations of two existing warehouses. Today's paltry bounce of a penny hardly makes up for the bad news. A piece in today's Wall Street Journal looks at (subscription r...	August 12, 2008

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