Friday, January 16, 2009

Circuit City

It looks like Circuit City is planning to shut down all of their stores. Story from CNNMoney.

Court filing shows bankrupt electronics retailer seeks approval to sell merchandise in its remaining 567 stores.
By Parija B. Kavilanz, CNNMoney.com senior writer
Last Updated: January 16, 2009: 1:31 PM ET
NEW YORK

(CNNMoney.com) -- Bankrupt electronics retailer Circuit City Inc. said Friday it has asked for court approval to close its remaining 567 U.S. stores and sell all its merchandise.

The company said it has 34,000 employees. (cont)

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