Saturday, January 17, 2009

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Circuit City to axe 34,000 more jobs, close 567 remaining US stores

Circuit City: Completely out of business
According to AP: “Circuit City became the largest retailer to fall victim to the expanding financial crisis Friday, announcing it will shut down its remaining 567 U.S. stores at the cost of 34,000 more jobs after failing to sell the business.”

“Unfortunately, there won’t be a Circuit City after today,” Circuit City lawyer Gregg Galardi said Friday, January 16, 2009.
More information: go to http://www.circuitcity.com/

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