Circuit City closes doors-30,000 jobless

Circuit City Stores announces the closing of all 567 U.S. stores West Palm Beach, FL (JusticeNewsFlash.com)–Circuit City is another large nationwide retailer to bite the dust. Circuit City Stores, Inc., the nation’s second largest consumer electronics retailer has announced the closing of all 567 stores in the United States and leaves more than 30,000 jobless. […]

Circuit City files for Chapter 11 citing Best Buy/Wal-Mart competition owes!

November 10, 2008, West Palm Beach, FL–Breaking news–(JusticeNewsFlash.com)–Richmond, VA based based consumer-electronics retailer, Circuit City files for Chapter 11 bankruptcy protection today at the United States Bankruptcy Court for the Eastern District of Virginia. Circuit City executives are citing pressures from the downturn in the economy that led shoppers to cut back on discretionary purchases […]