Topic / Circuit City

Breaking : Circuit City to liquidate after failing to find buyer

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Circuit City, the second-busy consumer electronics retailer, has reached an agreement with its liquidators after failing to find a buyer or a deal to refinance the company. The liquidation will also see all of its employees, which is around the 30,000 mark, at risk of losing their jobs, which is bad in this economic climae. Court papers have said that it has appointed Great American Group, Hudson Capital Partners, SB […]

Rumour Mill : Circuit City to shut another 150 stores?

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After shutting down 155 stores nationwide, Gizmodo is quoting an industry source that Circuit City is looking to shut down another 150 stores – with the announcement coming somewhere in two weeks. While this is unconfirmed by the company, we will keep you up to date with the news, especially during the holiday season. Source: Gizmodo

Circuit City store shutdown update – locations announced

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After breaking news that Circuit City will be shutting down 155 stores in the US, today we find out the stores that will be shutting down by the end of this year. The stores shutting down are located in 55 US Media markets, and it will exit 12 of them. According to Engadget, the stores shutting down will begin their “store closing” sales on November 5th (a day after the […]

Circuit City to shut down 155 stores – Consumerist

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According to anonymous insiders talking to several sites, Circuit City will be shutting down 155 stores, and will be withdrawing from 12 markets. However, the stores will not be announced until tomorrow at 8am. According to a posting on a Google Finance forum, all the 155 stores shutting down will be closing by December 31. “I’m an employee @ Circuit City and today there was a mandatory store meeting for […]

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