In the 1980s Circuit City was the top-performing American stock. That’s not nothing. The 1980s was a glorious, truly glamorous decade for stocks. Yet Circuit City came out #1.
Fast forward to the 2020s, and the Circuit Citys that were once a ubiquitous symbol of physical American retail can no longer be found. It seems the once can’t-miss corporation lost its way such that it was no longer meeting the needs of customers. Businesses that fail to perform invariably find themselves in the proverbial cemetery of once essential companies.
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