Dennis Faas's picture

Bankrupt Circuit City Begins Liquidation

The long-rumored end to Circuit City has finally arrived. Beaten down and finally booted by Best Buy over the holidays, the electronics retailer has begun liquidating its assets in stores across the United States. In November Circuit City revealed ... that it had entered Chapter 11 bankruptcy protection , but no one really knew what that meant for its remaining stores. Most employees appear to have been completely unaware that their stores might be closing, with one Circuit City worker telling CNET's Brooke Crothers that he didn't expect his place of employment to shut down for a long, long time ... (view more)

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