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Circuit City Corporation, Inc., formerly Circuit City Stores, Inc., was an American consumer electronics retail company, which was founded in 1949 by Samuel Wurtzel as the Wards Company, operated stores across the United States, and pioneered the electronics superstore format in the 1970s. [2][3] After multiple purchases and a successful run on ...
From 1975 to 1987, he worked at Milliken & Company, including as director of marketing. [2][3] He joined Circuit City in 1987. [3] He became assistant vice president in 1989, president of central operations in 1991 and senior vice president of merchandising in 1994. [3] He served as president and chief operating officer from 1997 to 2000, as ...
On April 4, 1991, 41 employees and customers were taken hostage by four gunmen and held at a Good Guys! electronics store at the corner of 65th Street and Stockton Boulevard in Sacramento, California, near the Florin Mall (now Florin Town Centre) for approximately eight hours. Near the end of the hostage crisis, six were killed: three hostages ...
Circuit City was profiled as one of the eleven companies in Jim Collins' 2001 book Good to Great. Wurtzel sold all of his Circuit City Stock in 2000, and left the company in 2001. [ 1 ] Under his leadership, the company grew to be the best performing Fortune 500 Company for any fifteen-year period between 1965 and 1995.
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Richard L. "Rick" Sharp (April 12, 1947 – June 24, 2014) was an American business and retail executive who served as the CEO of Circuit City, a former consumer electronics retail chain, from 1986 to 2000. In 1993, Sharp co-founded CarMax, the largest used car retailer in the United States, which grew to more than 135 locations with revenue of ...
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