Friday, January 16, 2009
Circuit City To Close 567 US Stores
Stores Inc., unable to work out a sale of the company, said Friday it will go out of business - closing its 567 U.S. stores and cutting 30,000 jobs.
Circuit City filed for
Chapter 11 in November
as vendors started to restrict the flow of merchandise ahead of the busy holiday shopping season.
circuit city bankruptcy bankrupt
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