http://consumerist.com/5074161/updated-breaking-circuit-city-closing-155-stores
I was told the grim news Saturday night, but now that it has leaked to the press I am allowed to talk about it.
I'm beyond crushed. My store is still going to stay open, but its hurtful to see so many people lose their jobs, so close to the holiday season with the economy the way it is currently.
From what that says, and what I heard, all Firedog (PC In-Store, PC In-Home, TV Install, Car Install) are all getting terminated within 48 hours.
I fear that this will do nothing but create a large domino effect, and Circuit City will completely close down within a year, just like CompUSA did.
Don't expect huge discounts on things, because they sold it all to a liquidator, that is currently unnamed, but I'm betting money its Gordon Brothers. And they're notorious for marking things up then bringing them back down.
You can find out what stores near you by using the Store Locator. If you dont see it there, then its gone.
NOV 10 UPDATES -
Circuit City filed for Chapter 11 bankruptcy.
Gordon Brothers is handling the liquidations.
So far, what I predicted last week is happening, where this is creating a domino effect.
I was told the grim news Saturday night, but now that it has leaked to the press I am allowed to talk about it.
I'm beyond crushed. My store is still going to stay open, but its hurtful to see so many people lose their jobs, so close to the holiday season with the economy the way it is currently.
From what that says, and what I heard, all Firedog (PC In-Store, PC In-Home, TV Install, Car Install) are all getting terminated within 48 hours.
I fear that this will do nothing but create a large domino effect, and Circuit City will completely close down within a year, just like CompUSA did.
Don't expect huge discounts on things, because they sold it all to a liquidator, that is currently unnamed, but I'm betting money its Gordon Brothers. And they're notorious for marking things up then bringing them back down.
You can find out what stores near you by using the Store Locator. If you dont see it there, then its gone.
NOV 10 UPDATES -
Circuit City filed for Chapter 11 bankruptcy.
Gordon Brothers is handling the liquidations.
So far, what I predicted last week is happening, where this is creating a domino effect.