Friday, January 16, 2009

Circuit City Closing Shop, Going Out Of Business

[This post is written and copyrighted by FIRE Finance (]Circuit City, one of our favorite retailers for electronics goods, is going out of business. They are closing 567 of their remaining US stores and slashing 30,000 jobs. Circuit City had filed Chapter 11 of bankruptcy in Nov 2008, but had to take this drastic step since they could not work out a sale of the

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