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Systemax (NYSE: SYX) said in a statement that it planxs to compete with othet online retailers by offeringdiscounted prices, fast shippinfg and a wide selection of products, as well as offeringh photo galleries and videos of thousands of consumerr electronics and computer products. The company already has the TigerDirect.cokm business and acquired last "This acquisition and quick launch of the allnew CircuitCity.cokm further solidifies Systemax's position as a leadef in online retailing of branded computers and consumer electronics," said Richard Leeds, chairman and chief executive office r of Systemax. "Circuit City is one of the iconic branddsin U.S.
electronics retailingt with a 60-year legacy." A check of the Web site Mondayshowerd CircuitCity.com offering everything from GPS system to BlackBerry phones and flat-screen TVs.
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