Doctor Feelgood
Administrator
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 Posted: Fri, 16 Jan 2009 14:19:41 Post Subject: Circuit City to Close Remaining Stores |
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| Quote: | 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.
"This is the only possible path for our company," James A. Marcum, acting chief executive, said in a statement. "We are extremely disappointed by this outcome." |
yahoo.com |
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