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more about #bankrupt more comments → frigg: Given enough time, do any consumer electronics stores not go out of business? more » discounteggroll: I feel embarrassingly old remembering "Nobody Beats the Wiz" (which was truncated later to "The Wiz") and "Service Merchandise" I do remember the wiz ... more » VakeroRokero: Anyone know how that "The Wiz" logo animation in the end was done? could it be done using Adobe After Effects? more » S-Mies: WTF does "Random access remote" mean? Does it work randomly? more » Cordfucious of Tech Clan: What about Service Merchandise..... more » IN THE FACE!: We had a store in KC called "Silo" that was a weird conglomeration of house-wares and consumer electronics, they always (without fail) had the highest... more » G_Money21: Were the Wiz and Crazy Eddie National retailers? I know we had them both in Jersey, didnt know if they were national or not. Before CompUSA there was... more » Yetibelle: AHHH The Wiz ...a Walkman from the Wiz and a Fudgie the Whale cake from Carvel. So warm, so fuzzy. Good times...Good Times.. more » Kaiser-Machead: I still think it's weird to be thrilled about a store we don't like closing down. It's almost as if their reps come into your house, steal your cc's a... more » P3nnst8r: Looks like this Circuit just shorted out. more » VideoVampire: If they had hired just one person with even a modicum of knowledge and a lot less attitude thay might still be in business, but I guess those people w... more » Ibelieveinsandwitches: To think... an entire city, gone overnight. One day a bustling urban community, The next, wiped clean from the earth without a trace. We must be vigil... more » Dr. H. F. Danger: Sucks for them dudes now can I have wii games for supercheap? more » DucatiGuy: Sad, but anyone who's shopped at CC in the past 5 years had to see this coming! Maybe it's just the ones in and around the NY tri-state area, but they... more » bms: This should be a wake up call to all retail stores. You need to shift focus to your online presence and close your retail locations. There is too mu... more » -
#circuitcityfilesforbankruptcy
Circuit City Goes Bankrupt, Files for Chapter 11 Protection
After closing 155 stores last week, 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, it may not be the end for the chain yet. More »
