money.cnn.com - 1/16/2009
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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."We are extremely disappointed by this outcome," James Marcum, ...
circuitcity.com - 1/16/2009
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circuitcity.com —
Due to challenges to our business and the
continued bleak economic environment, Circuit City is going out...
of business and the company's assets will be liquidated to pay off creditors. The process was extremely difficult and we were left with no other ...
(more)
Circuit City
news.cnet.com - 1/18/2009
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news.cnet.com —
After Best Buy mega-stored Circuit City to oblivion,
the hapless retailer has quickly gone to pieces. On...
Friday, Circuit City said it was liquidating all of its stores . Then, on Saturday there was a big liquidation sale at my local Circuit ...
(more)
Bedlam breaks out at Circuit City
newsroom.circuitcity.com - 1/16/2009
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newsroom.circuitcity.com —
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to briefcase File is in Briefcase Add to briefcase Previous Release Circuit City Stores, Inc. to Liquidate RICHMOND, Va., Jan 16, 2009 /PRNewswire-FirstCall via COMTEX ...
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Circuit City Stores, Inc. to Liquidate
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Circuit City, R.I.P.
Yahoo! Tech Advisors —
... that Circuit City Stores Inc. has hired a quartet of liquidators to sell off its existing merchandise, pending a green light from the courts. If everything goes according to plan, the fire sale will start Saturday and continue through the end of March, according to CNNMoney.com . And unfortunately for Circuit City's 30,000+ employees, unemployment awaits. The biggest consumer tech chain in the U.S. besides Best Buy, Circuit City ...
Circuit City to Liquidate Its Assets, Shut Down
Alice Hill's Real Tech News - Independent Tech —
... :“We are extremely disappointed by this outcome. The company had been in continuous negotiations regarding a going concern transaction. 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.” CNN Money indicates that the liquidation sale may begin as early as Saturday and run through March 31st. ...
Circuit City goes bankrupt, will close all stores
Obsessable News Feed —
... [iht.com] Circuit City seeking to liquidate - Jan. 16, 2009 [money.cnn.com] ...
Circuit City Liquidation Sale Starts Saturday, Grab Those Unused Gift Cards [Deals]
Lifehacker —
[image] The bad news: Circuit City the number two electronics dealer behind Best Buy is shutting down all operations in the U.S. The silver lining: If you're looking to grab a good deal on electronics, Circuit City's liquidation sale starts this Saturday and runs through March 31 (pending court approval of their bankruptcy filing). The catch: ...
Ellen Dunhan-Jones and June Williamson Take on Retrofitting Suburbia
Popgadget: Personal Tech for Women —
The recent high profile bankruptcies of retailers Circuit City and Steve & Barry's meant the closure of 567 US big box consumer electronic and media stores and 175 mall based clothing stores, respectively. Further, sub-prime mortgages fueled a housing bubble, whose aftermath leaves real estate developments half sold, or worse half built. In the wake of these events, Ellen Dunham-Jones, AIA, and June Williamson have recently published the timely, and on-point book, "Retrofitting Suburbia: Urban Design Solutions for Redesigning Suburbs ...
Related Content
Circuit City Under Siege
technologizer.com 1/19/2009 — They’re the grim reapers of failing retail chains, except they brandish going-out-of-business signs instead of scythes. And they were surrounding the Circuit City a couple of miles from my house today, which, like the rest of the company’s ...
Best Buy Says Goodbye to Circuit City [Circuit City]
i.gizmodo.com 3/9/2009 — Reader Sean sends in these photos taken outside his local Circuit City store in Almherst, as Best Buy 's Geek Squad pay their final respects to Circuit City. And by that, I mean they bought stuff. Sean tells us that the store was empty down to 3 ...
If every day were a Circuit City liquidation sale…
blogs.zdnet.com 1/19/2009 — Circuit City stores are a bit busy as the company liquidates its inventory.
Perhaps if there were a liquidation sale every day Circuit City would have survived.
Circuit City said Friday it would liquidate and a day later its stores were ...
Circuit City to Liquidate, Prices May Go Up to MSRP [Circuit City]
i.gizmodo.com 1/16/2009 — After failing to find a buyer or a refinancing deal, Circuit City will be liquidating the merchandise in its 567 US locations. This is the end. A source in the know informs us that no matter how exactly things move forward from here (it's still ...
Electronista | Circuit City files for bankruptcy
macnn.com 12/9/2008 — Circuit City on Monday filed for Chapter 11 bankruptcy in a last-stage bid to remain in business. The move follows an already drastic step to shutter 155 stores and requires the retailer to reorganize the company and its finances to more readily pay ...
Circuit City Closeout Deals Aren't Deals At All [Circuit City]
i.gizmodo.com 1/19/2009 — Those poor saps who bumrushed Circuit City this weekend thinking they'd save money on a TV were paying more—before sales tax—for than most online stores, according to HDGuru and our own quick survey. Gary at HDGuru checked out a store in ...
Circuit City files for Chapter 11 bankruptcy
| U.S.
reuters.com 11/10/2008 — NEW YORK (Reuters) - Circuit City Stores Inc, the No. 2 U.S. consumer electronics retailer, filed for bankruptcy protection on Monday just a few weeks before the start of the key holiday shopping season, becoming the largest retailer to file under ...
Circuit City goes titsup —
The Register 1/16/2009
Seeks court approval to liquidate assets The bankrupt US retail giant Circuit City will be fully liquidated after the company failed to find a buyer in time.…
Circuit City to liquidate remaining US stores —
SFGate: Technology 1/16/2009
Bankrupt Circuit City Stores Inc., the nation's second-biggest consumer electronics retailer, said Friday it failed to find a buyer and will liquidate its 567 U.S. stores. The closures could send another 30,000 people into the ranks of the unemployed. ...
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