Closing -- Engadget

closing posts

All Circuit City stores closing permanently on March 8th

by Darren Murph, posted Mar 6th 2009 at 4:57AM

To an icon in the consumer electronics retail space, we wave goodbye. And for the hordes of employees already / soon to be looking for new uniforms elsewhere, we empathize. Circuit City has just announced that on March 8th, all of its stores will lock up for the last time. Granted, some locations have already shut their doors in permanent fashion due to stock depletion, but regardless of leftover wares, March 8th is the end of the line for the laggards. We'd say you might want to stop by your local outlet to catch any last-last-minute sales, but even at a penny, you're not going to want that open-box 4MB SD card.

[Via HotHardware, image courtesy of wbeebe]

Nokia settles with German unions for $314M

by Nilay Patel, posted Apr 8th 2008 at 4:46PM

Nokia's decision to close that factory in Bochum, Germany and move its operations to a cheaper site in Romania might lower costs in the long run, but for now things seem decidedly in red: Nokia and the German unions who represented the 2,000 laid-off workers at the plant have agreed to a €200M ($314M) settlement, which will probably end the demonstrations and calls for boycotts that have been going on. Of course, that's on top of the $92M (plus another $6.2M) the German government wants back in grants and tax breaks for subsidizing the plant, but what's another hundred mil between friends?

[Via Textually.org; image courtesy of Reuters]

Sega dissolves Korean subsidiary, nixing $330m Yokohama arcade complex

by Darren Murph, posted Apr 1st 2008 at 1:21AM

Aside from planning to axe 400 jobs as part of Sega Sammy's most recent "turnaround efforts," the outfit will also be closing the doors to its Korean subsidiary. Currently, Sega Korea is "handling the domestic distribution and sales of video game software, as well as the operation / sales of amusement facilities and machines," and reportedly, the closure will be executed in the name of "global business optimization." As it stands, there's no set date for the branch's dissolution, but just in case your smile wasn't turned upside-down already, the company also stated that it would discontinue the development of a ginormous $330m arcade complex slated for construction in Yokohama, Japan -- if you couldn't guess, that one's being shuttered so the firm can "focus its efforts on its core business to improve its performance" in short order. Seriously though, what the hell kind of company would spend $330m on arcade, anyway?

[Via Joystiq, image courtesy of USMC]

German state after $92 million in subsidies, interest from Nokia

by Darren Murph, posted Mar 11th 2008 at 5:38PM

Looks as if Nokia's going to be using a portion of that gigantic profit it raked in during Q4 to appease NRW.Bank -- unless a meeting it hopes to establish within the next few days changes matters, that is. Apparently, a German state has "asked" the handset maker to hand back government-issued subsidies (with interest, no less) that it received to build a cellphone factory in Bochum which it now plans to close. In sum, Nokia's looking at a tab of $92 million, as the folks in the industrial Ruhr region are none too pleased about what will likely result in the loss of some 2,300 jobs. Purportedly, the cash is due by March 31st, and if Nokia refuses to comply, the bank has stated that it will "take legal action to secure payment." Them's fightin' words there.

It's a done deal: Dell puts an end to all 140 US mall kiosks

by Darren Murph, posted Jan 30th 2008 at 12:13PM

Just as we feared, Dell will indeed be axing 100-percent of its US mall kiosks -- 140 in total. Unsurprisingly, the official word attributes the move to Dell's shift into big box retail stores, but we're sure that's not the least bit consoling to the fine folks who were pushing Round Rock's machines to mall-goers just yesterday. According to Tony Weiss, vice president for Dell's Global Consumer business, the move "fits in with how its broad global retail strategy is evolving," and for whatever it's worth, kiosks outside of US borders are still safe for now. You may still be getting a Dell, but dude, it won't be from the mall.

[Image courtesy of NotebookReview]

Palm retail stores to close by month's end

by Joshua Topolsky, posted Jan 23rd 2008 at 11:02PM

Oh Palm, things just seem to be going from bad to worse. After your recent (and repeated) Palm OS II delays and employee layoffs, you really should be due for some good news -- but that's not the case today. According to a member of the TreoCentral forums who cites "sources," Palm will be folding all but its airport-based retail locations by the end of January. Apparently, other forum members have checked in with their local stores and gotten word from reps there that the doors are indeed shutting, so it seems like this is a go. Palm, we're not going to say you're in your darkest hour just yet, but we're pretty sure you can see it from where you're standing. C'mon guys -- get it together!

[Thanks, Anonymous]

Google closing down Video Store

by Darren Murph, posted Aug 13th 2007 at 3:59PM

Welp, that didn't take too long. Around 1.5 years after it was first announced, Google has decided to "shut down its premium video service." Nevertheless, the most intriguing aspect of the whole shebang is that customers who purchased DRM-laden files will reportedly no longer be able to view them once the Video Store closes up shop, and rather than refunding customers with, you know, real money, it sounds like Google plans to offer "fixed credit on the firm's online payment system, Google Checkout, instead." Interestingly, another report noted that the search giant would "provide refunds or online shopping vouchers for previously purchased videos that won't be viewable," so it looks like the final verdict remains to be seen.

[Via BBC, thanks Steffen]

SunRocket silently calls it quits, abandons VoIP biz

by Darren Murph, posted Jul 17th 2007 at 9:47AM

And you thought Sprint was catching flack for denying an exceedingly small portion of its customers service. Turns out, Vonage rival SunRocket has apparently shut its doors and abandoned the business -- all without a single warning or notice beforehand. Callers who recently dialed in for customer care reached an automated message saying that the firm was "no longer taking customer service or sales calls," and each individual that was employed at the call center has supposedly lost their job. As expected, no attempts by Reuters to contact SunRocket were successful, so we still have no idea if paying customers will ever see a pro-rated refund if their service does indeed cease to exist. So, dear readers, are any of you feeling the SunRocket burn?

[Thanks, Jerad]

UPDATE: Well, what do you know. Here's an article suggesting that SunRocket has actually been acquired by Pluto. We've seen no confirmations as of yet, but we'll keep an eye out.

[Thanks for the update, Bob]

Sony pulls the plug on Connect, refocuses on PlayStation

by Darren Murph, posted Jun 17th 2007 at 2:31PM

After a lengthy, albeit fledgling stay in the digital music distribution biz, Sony has reportedly decided to cut its losses and disconnect the Connect service. We'd already seen the service get shuffled around in an effort to strengthen the division, but it seems like it has finally succumbed to the competition. According to reports from an internal meeting, some 20-plus employees were told that their jobs were being "phased out" as the Connect resources were being shifted to handle the needs of the PlayStation group. Interestingly, it was noted that the eBooks segment would still remain alive and well to service the Sony Reader demands, but Steve Banfield, the head of the Sony Connect division, would be "leaving within the next few weeks." Farewell Connect, it seems we all barely knew you.