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Report: Circuit City Asks Former Workers to Return
Chain Store Age
Wednesday, November 21, 2007


Circuit City Stores Inc., which replaced 3,400 workers earlier this year with lower-paid employees, is asking some of its former staff to return, the Wall Street Journal said Wednesday in its online edition.

According to the report, a spokesman for the retailer said workers discharged in March are among former employees who have received letters inviting them to apply for positions either created by new store openings or routine turnover.

The report said job openings are largely for two types of employees: product specialists who concentrate on sales, and members of the product flow team, who accept product deliveries and arrange merchandise displays.

Circuit City, which is in the midst of a multiyear effort to revamp its business and win back market share from larger rival Best Buy Co., has been trying to reduce expenses amid heavy competition.

Companies referred to in story:


Stock %Chg Industry Mkt Cap
Best Buy $40.89 +0.81% Consumer Elec. & Entertainment $17.2B
Circuit City $4.02 +2.03% Consumer Elec. & Entertainment $676.8M
Quote data as of: 03/31/2008 11:56 AM



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· Circuit City Appoints VP for New Business Development
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· Best Buy Names CIO of International Unit
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· Best Buy China's Chairman Resigns
(Chain Store Age, Jan 24, 2008)
· Circuit City Stores Names Exec VP, COO
(Chain Store Age, Jan 16, 2008)


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