Friday, January 16

Circuit City Closing the Rest of Its Stores

 Circuit City just revealed that all of the remaining 567 U.S. stores will be closingand all of the company's 30,000+ employees are expected to be jobless after Circuit City was unable to find a buyer after filing for Chapter 11 bankruptcy last November.

All Circuit City stores will be liquidating merchandise including (of course) Xbox 360 hardware and software. The liquidation could start as soon as this Saturday, January 17th, pending court approval.

Deus Legends Take: Even more people will lose their jobs. Hopefully I can hold on to my job here at XBLN. Just kidding. isn't going anywhere anytime soon ;)


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