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Circuit City Gives Up

Article Comments  89  

Jan 16, 2009, 12:07 PM   by Eric M. Zeman

Circuit City, which sells mobile phones and other electronics, is going to permanently close its 567 stores and cease operations. The company was in bankruptcy and hoping to find another firm willing to buy it. No suitors emerged. It also couldn't make suitable deals with its creditors. The company is seeking permission to liquidate all its assets. It expects to start the sale tomorrow and will run until March 31, the end of the first quarter.

more info at CNN »

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Subject Author Date
Good for Best Buy... Or is it? Crunchy Frog Jan 16, 2009, 2:41 PM
Happy Day! Americanstud1987 Jan 16, 2009, 4:29 PM
Good Tmo Slave Jan 16, 2009, 12:43 PM
Good: bad business decisions are punished SCTelephoneMan Jan 17, 2009, 5:29 PM
Short Circuit Mark_S Jan 17, 2009, 1:06 PM
watch out JL9000 Jan 16, 2009, 12:30 PM
How much of Verizon's sales Slammer Jan 16, 2009, 2:21 PM
More job losses calif1mc Jan 16, 2009, 9:07 PM
I was offered a Job moemoe26 Jan 16, 2009, 12:31 PM
Circuit City Canada Jrockemsockem Jan 16, 2009, 1:21 PM
 
 
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