UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                  SCHEDULE 13G


                    Under the Securities Exchange Act of 1934

                               (Amendment No. 5)*


                            Circuit City Stores, Inc.
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                                (Name of Issuer)

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                    CarMax Group Common Stock, $.50 par value
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                         (Title of Class of Securities)

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                                    172737306
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                                 (CUSIP Number)

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                                  July 23, 2002
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             (Date of Event Which Requires Filing of this Statement)

Check the  appropriate box to designate the rule pursuant to which this Schedule
13G is filed:

        [ ] Rule 13d-1(b)

        [X] Rule 13d-1(c)

        [ ] Rule 13d-1(d)

*The  remainder of this cover page shall be filled out for a reporting  person's
initial filing on this form with respect to the subject class of securities, and
for any  subsequent  amendment  containing  information  which  would  alter the
disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the  Securities  Exchange  Act of
1934 ("Act") or otherwise  subject to the liabilities of that section of the Act
but  shall be  subject  to all other  provisions  of the Act  (however,  see the
Notes).


                               CUSIP NO. 172737306
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(1)  Names of  Reporting  Persons.  I.R.S.  Identification Nos. of Above Persons
    (entities only):

                           Ronald Juvonen
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(2) Check the Appropriate Box if a Member of a Group (See Instructions)

                 (a)               (b)
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(3)     SEC Use Only
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(4)     Citizenship or Place of Organization:  United States
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Number of Shares Beneficially Owned by Each
      Reporting Person                     (5) Sole Voting Power:          *
                                           (6) Shared Voting Power:        *
                                           (7) Sole Dispositive Power:     *
                                           (8) Shared Dispositive Power:   *

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(9)  Aggregate Amount Beneficially Owned by Each Reporting Person:
     4,424,700*
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(10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
     Instructions)
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(11) Percent of Class Represented by Amount in Row (9):  11.9%*
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(12) Type of Reporting Person (See Instructions): IA, IN
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* The shares of the CarMax  Group  Common  Stock,  par value $.50 per share (the
"Common Stock"),  are held by Downtown  Associates I, L.P.,  Downtown Associates
II, L.P.,  Downtown  Associates  III,  L.P.,  Downtown  Associates  IV, L.P. and
Downtown Associates V, L.P.  (collectively referred to as the "Downtown Funds"),
respectively,  and  Ronald  Juvonen  individually.  The  general  partner of the
Downtown Funds is Downtown  Associates,  L.L.C. (the "General Partner").  Ronald
Juvonen,  as the Managing Member of the General Partner,  has sole power to vote
and  direct  the  disposition  of all  shares of the  Common  Stock  held by the
Downtown Funds. For the purposes of Reg. ss. 240.13d-3, Ronald Juvonen is deemed
to beneficially own 4,424,700 shares, or 11.9% of the Common Stock.
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Item 1(a). Name Of Issuer:  Circuit City Stores, Inc.
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Item 1(b). Address of Issuer's Principal Executive Offices: 9950 Maryland Drive,
           Richmond, VA 23233

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Item 2(a). Name of Person Filing:  Ronald Juvonen
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Item 2(b). Address of Principal  Business  Office or, if None,  Residence:  c/o
           Downtown Associates, L.L.C., 674 Unionville Road, Suite 105, Kennett
           Square, PA 19348
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Item 2(c). Citizenship:  United States
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Item 2(d).  Title of Class of Securities: CarMax Group Common Stock, par value
            $.50 per share
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Item 2(e).  CUSIP No.:  172737306
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Item 3. If This Statement Is Filed Pursuant toss.240.13d-1(b) or 240.13d-2(b) or
        (c), check whether the Person Filing is a

         Not Applicable.
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Item 4.  Ownership

     (a)  Amount Beneficially Owned (as of July 23, 2002)       4,424,700*

     (b)  Percent of Class (as of July 23, 2002):                    11.9%*

     (c)  Number of Shares as to which such person has:

          (i)  sole power to vote or to direct the vote                 *

          (ii) shared power to vote or to direct the vote               *

          (iii) sole power to dispose or to direct the disposition of   *

          (iv) shared power to dispose or to direct the disposition of  *
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* The shares of the CarMax  Group  Common  Stock,  par value $.50 per share (the
"Common Stock"),  are held by Downtown  Associates I, L.P.,  Downtown Associates
II, L.P.,  Downtown  Associates  III,  L.P.,  Downtown  Associates  IV, L.P. and
Downtown Associates V, L.P.  (collectively referred to as the "Downtown Funds"),
respectively,  and  Ronald  Juvonen  individually.  The  general  partner of the
Downtown Funds is Downtown  Associates,  L.L.C. (the "General Partner").  Ronald
Juvonen,  as the Managing Member of the General Partner,  has sole power to vote
and  direct the  disposition  of all of the  Common  Stock held by the  Downtown
Funds.  For the  purposes of Reg.  ss.  240.13d-3,  Ronald  Juvonen is deemed to
beneficially own 4,424,700 shares, or 11.9% of the Common Stock.

Item 5.  Ownership of Five Percent or Less of a Class

         Not Applicable.
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Item 6. Ownership of More Than Five Percent on Behalf of Another Person.

         Not Applicable.
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Item 7.  Identification  and  Classification  of the  Subsidiary  Which Acquired
         the Security  Being Reported on by the Parent Holding Company.

         Not Applicable.
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Item 8.  Identification and Classification of Members of the Group.

         Not Applicable.
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Item 9.  Notice of Dissolution of Group.

         Not Applicable.
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Item 10.  Certification

     By signing  below I certify  that,  to the best of my knowledge and belief,
the  securities  referred  to above were not  acquired  and are not held for the
purpose of or with the effect of  changing  or  influencing  the  control of the
issuer of such  securities  and were not acquired and are not held in connection
with or as a participant in any transaction having that purpose or effect.


                                    SIGNATURE


     After  reasonable  inquiry and to the best of my  knowledge  and belief,  I
certify that the information  set forth in this statement is true,  complete and
correct.


                                                   August 2, 2002


                                                   /s/Ronald Juvonen
                                                   _____________________________
                                                   Ronald Juvonen, individually,
                                                   and  in  his  capacity as the
                                                   Managing Member  of  Downtown
                                                   Associates, L.L.C.


      Attention: Intentional misstatements or omissions of fact constitute
                Federal criminal violations (See 18 U.S.C. 1001)