Circuit City
This is (or was) the Circuit City store on Broadway, between 79th & 80th Street on the Upper West Side of Manhattan. It has been in this location for years and years and years ... but in late 2008, the company declared Chapter 11 bankruptcy, and when they could find no buyers or financial support, they declared Chapter 7 and began liquidating. The "going out of business" sign above the entrance makes that pretty clear, and the various other signs in the windows create a real sense of urgency...
Note: this photo was published in a Feb 5, 2009 blog article entitled "After-Effects of Circuit City Bankruptcy." It was also published in a Feb 12, 2009 blog entitled "Surviving an economic recession - Survival tips," as well as a blog on the same date titled "Employment outlook for North Carolina." And it was published in a Feb 27, 2009 blog entitled "3 Ways A Small Business Can Survive An Economic Recession." It was also published in a March 2, 2009 Salon blog entitled "The plug is pulled on Circuit City," and a March 9, 2009 blog entitled "The Best Email I Got Today [Sad]." And it was published in a Mar 11, 2009 Brazilian blog article entitled "O melhor e-mail que recebi hoje ." Good grief, this is getting ridiculous: the photo was also published in a June 4, 2009 blog titled "What Happens When a Small Business Declares Bankruptcy?" And it was published in a Feb 22, 2009 blog titled "Employment outlook for North Carolina." And it was published in a Jun 23, 2009 blog titled " Why Electronics Stores 'Suck'." And it was published in a Jul 25, 2009 blog titled "Hanging Tough." I've recently discovered that it was also published in a Mar 13, 2009 PBS blog titled " Why Are So Many Companies Collapsing So Suddenly?" The fun just doesn't seem to stop: the photo was published again in an Aug 14, 2009 blog titled "Circuit City (what’s left of it) sells your name to the highest bidder." And on the same day, it was published in a blog titled "Three Steps to Keep a Job in Tough Economic Times," the URL for which I can't seem to get Flickr to accept. Well, you'll just have to take my word for it, or do your own Google search for a blog posting with that title... Meanwhile, it was also published in an Oct 10, 2009 blog titled "Declaring Yourself Bankrupt." I also discovered it in a Mar 10, 2009 issue of the Brazilian edition of Gizmodo, in a blog posting titled "O melhor e-mail que recebi hoje," but someone had pasted in an announcement that said "CompUSA.com Retail Stores: the Grand Reopening" -- which definitely was not in my original photo. *************** These are photos that I began taking in mid-December of 2008, after the government helpfully informed us that the recession (a word they had dared not use before, just as they refuse to use the word "depression" now) has actually been in effect since December 2007. Having lived through roughly half a dozen previous recessions, with nothing but vague memories to mark their existence, I thought it would be useful to start gathering some photographic memories of the current one. It may or may not turn out to be as severe as the Great Depression of the 1930's, and it may or may not produce the kind of grim photographs that we have of that era ... but we won't really know until it's over, and our 20-20 hindsight might be better informed with some pictures. Thus far, I have only a few pictures of signs showing steep discounts; these are interesting, but it's the "human story" that I think will tell the more important story. But I've also noticed an increase in the number of homeless people on the street, asking for money, food, and handouts; but I have no direct evidence that it's associated with the recession itself. In any case, I'm reluctant to take advantage of such people by taking casual photos of them; I'm sure more appropriate opportunities will present themselves, and I'll add them to the album as I find them... Commentstezzer57
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ChrisI1024
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Hi, I'm an admin for a group called Economic Clusterf*ck of 2008-9, and we'd love to have this added to the group!
Posted 11 months ago. ( permalink )