The rise and fall

Currently Playing: The rise and fall of Circuit City: How a $12 billion empire vanished

Circuit City was once the king of electronics retail — a $12 billion titan that revolutionized how America bought TVs, stereos, and computers. But within a few short years, that empire imploded. In this deep dive, we uncover the full rise and fall of Circuit City: from its humble Richmond beginnings to its Wall Street glory days as the best-performing stock of the 1980s. Looking to become a channel member to support our production and receive exclusive content? Sign up here: https://www.youtube.com/channel/UC-mfn4ibOC5ewLcpmgl0C4g/join Get the 2-minute cheat sheet for this video → https://girdley.com/youtube 👇 SUBSCRIBE for more business breakdowns https://www.youtube.com/@Michael-Girdley?sub_confirmation=1 Get my free guide → Why Great Businesses Fail: 10 Multi-Million Dollar Mistakes To Avoid: https://links.girdley.com/10fails-yt ------------------------------------------------------------------ ► For sponsorships or inquiries please reach out to: alexandro@girdley.com ► Get my weekly letter to business owners: essential insights to run, grow, and stay ahead in your business → https://links.girdley.com/newsletter-yt ► Free events on all things small business: https://links.girdley.com/lectures-yt ► Deep dives on businesses for sale: https://www.youtube.com/@AcquisitionsAnonymousPodcast ► Follow me on Twitter/X: https://x.com/girdley ------------------------------------------------------------------ We’ll break down the pivotal turning points — the leadership changes, the risky bets, and the decisions that let Best Buy seize the market. Discover how cutting commission staff, dropping appliances, and spinning off CarMax all played a role in the company’s rapid decline. If you love business documentaries, corporate history, and lessons from the biggest retail collapses ever, this video is for you. Subscribe for more rise and fall investing breakdowns every week.