Music All Around

Thursday, January 22, 2009

Goodbye Circuit City

Circuit City Stores Inc. announced that it has run out of options and will be forced to liquidate its 567 stores in the United States.

The closing of the nation's second biggest consumer electronics retailer may send 30,000 people to the unemployment line.

In November, the company filed for Chapter 11 bankruptcy protection.

It is unclear what will happen to the 765 retail stores in Canada.

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