The news shouldn’t surprise anybody, certainly not readers of this blog.
Richmond, Virginia based Circuit City stores announced today their intention to close their 567 remaining stores and liquidate their inventory. We predicted that they wouldn’t last much past the end of the 2008 Christmas season.
That means another 34,000 American workers joining the unemployment line.
See our previous posts…
Circuit City Stores Files For Chapter 11 Bankruptcy Protection
One Foot In The Grave At Circuit City
Philip Schoonover Learns That What Goes Around Comes Around
- Routing By Rumor
