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Off Topic: Blockbuster Bids for Circuit City
Posted on April 14, 2008
So, Blockbuster s genius CEO, Jim Keyes, wants to combine his struggling retail giant with Circuit City. WHY? It s the kind of deal you can only justify if you re coming off a major spring break bender. Otherwise, I don t see how two blocks of lead can float. Why? First, Netflix and Amazon are, respectively, eating each company s lunch. Second, a successful retail experience is now either big box (Wal-Mart) or deluxe (Apple). ...
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