Question of the Day: Will You Miss Circuit City?

As you probably already heard, Circuit City filed for Chapter 11 bankruptcy protection today » 11/10/08 5:00pm 11/10/08 5:00pm, becoming the latest, and biggest casualty of the recent economic downturn. Keep in mind that filling for Chapter 11 does not necessarily mean that Circuit City will cease to exist—it means that the company will be given debt…

Circuit City Goes Bankrupt, Files for Chapter 11 Protection

After closing 155 stores last week » 11/10/08 9:02am 11/10/08 9:02am, Circuit City has finally bitten the dust. The electronics store chain-with 721 stores in the US and 770 in Canada-has filed for Chapter 11 protection in the U.S. Bankruptcy Court in Richmond, Virginia, pressured by the recession and competition from Best Buy and Wal-Mart. However,…