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Circuit City Gives Up

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Top message:  Circuit City Canada by Jrockemsockem   Jan 16, 2009, 1:21 PM

Replying to:  Re: Circuit City Canada by VOICE OF REASON   Jan 16, 2009, 1:25 PM

Re: Circuit City Canada

by s13driftingTX    Jan 16, 2009, 1:37 PM

I have read that it was 30,000 employees.
From Foxnews James Marcum, vice chairman and acting president and chief executive officer, said in a statement.

“Regrettably for the more than 30,000 employees of Circuit City and our loyal customers, we were unable to reach an agreement with our creditors and lenders to structure a going-concern transaction in the limited timeframe available, and so this is the only possible path for our company."

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