Denver Post (Free subscription) | 07/03/2008
... at our largest competitor (Best Buy Co. Inc.), this is still a healthy business," chief executive Philip Schoonover reiterated to reporters after the annual shareholder meeting late last month. "The market is within our control if we get the time."
Financial Time (Free subscription) | 07/02/2008
... buyout interest from several bidders other than Blockbuster.Circuit City’s Chief Executive Philip Schoonover said in a statement the retailer is ”diligently working with the parties involved in the process.” The board has not set a deadline for completing its review, he said.Blockbuster’s Keyes said his company, which is in the middle of turnaround efforts, continues to believe in...
Dallas Morning News (Free subscription) | 07/02/2008
... shareholder Mark Wattles' statement last week that others are interested in bidding for the chain. Philip Schoonover, chairman, president and chief executive, said Circuit City's review of its options wasn't "dependent on Blockbuster's participation." Circuit City has been squeezed as chief rival Best Buy Co. strengthens its market share and Wal-Mart Stores Inc. aggressively expands...
Consumer Electronics Daily News (Free subscription) | 06/24/2008
... giant first made an $1 billion takeover bid for Circuit City back in April. Circuit City CEO Philip Schoonover has said publicly that there is no time frame for any action, other than a continuation of his turnaround plans. He has repeatedly sought time from shareholders to successfully turn the company around amid growing criticism from Wattles and other outspoken shareholders. The...
