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Report: Best Buy, Wal-Mart win majority of Circuit City’s share


New York City An NPD report released Monday found that Best Buy Co. and Wal-Mart Stores have been the biggest winners following the demise of their Circuit City electronics rival.

According to Port Washington, N.Y.-based research firm NPD Group, Best Buy and Wal-Mart together have taken away two-thirds of Circuit City's share of the $106 billion U.S. consumer-technology market during the March through December 2009 period when Circuit City was no longer in business following its liquidation sales earlier that year.

"They are bigger than everybody else by a pretty substantial amount," said analyst Stephen Baker at NPD.

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