• more about #circuitcityfilesforbankruptcy more comments →
    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 »
    Joe: There are gonna be some great deals at CC on Black Friday. more »
    Serolf Divad: Bye, bye CompUsa. Bye, bye Circuit City. Who's next? Let's see if Best Buy can compete against WalMart. Already specialty retailers like ToysRus have ... more »
    TVGenius: Yeah, so what. Airlines go bankrupt all the time. Give 'em six months, they'll be out. It's not liquidation, just protection from creditors and to kee... more »
    dip_cone: I always forget they're in Canada. They bough all the failing Radio Shack stores and renamed them "The Source (by C.C)". The stores stayed pretty much... more »
    OMG! Ponies!: It's the end. Chapter 11 is liquidation; Chapter 7 is reorganization. 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 »