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Circuit City To Focus On Service Business

RICHMOND, VA-The electronics retailer is reconfiguring its stores, shrinking its merchandise selection and making more room for service offerings.

By Debra Hazel | Updated on April 05, 2007

RICHMOND, VA-Its push to multichannel retailing and the downsizing of its merchandise is leading to changes in the configuration of Circuit City Stores, executives said at its fourth quarter conference call.

In new and reconfigured stores, more space is being allocated to the company’s firedog services division, while cutting back space for music and movies, and even to televisions and other consumer electronics as they shrink in size.

“We continue to right-size our latest retail concepts for today’s multichannel shopping experience,” said Philip J. Schoonover, chairman, president and CEO.

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