Author Topic: New, from the makers of Circuit City going belly up,comes, Circuit City bankrupt (Read 2066 times)

Crixx_Creww · « **on:** November 10, 2008, 12:40:48 PM »

Yes folks, seems like circuit city put peddle to metal and sped into bankruptcy filing chapter 11.

Story from the giz
http://gizmodo.com/5081886/circuit-city-goes-bankrupt-files-for-chapter-11-protection

Carigamers · « **on:** November 10, 2008, 12:40:48 PM »

New Era Outlaw · « **Reply #1 on:** November 10, 2008, 05:05:13 PM »

Yikes. America's economy is just getting scarier and scarier each and every day.

Saxito Pau · « **Reply #2 on:** November 10, 2008, 08:01:18 PM »

Letter from the CEO on circuit city's website:

http://www.circuitcity.com/ccd/genericContent.do?oid=231769

TriniXaeno · « **Reply #3 on:** November 13, 2008, 11:58:58 AM »

Scary. Sent this to my co-workers and they were in disbelief.

Signs of the times

TriniXaeno · « **Reply #4 on:** November 13, 2008, 03:05:52 PM »

The scary message is not so much that they are going bust I think but they would see the need to resort to chapter 11. Never a good thing, for any company won't you agree?

Carigamers · « **Reply #4 on:** November 13, 2008, 03:05:52 PM »

disciple · « **Reply #5 on:** January 16, 2009, 04:32:58 PM »

okay, now they ACTUALLY gone t*ts up today....

Quote

US electronics retailer Circuit City is to close after failing to reach a deal with its creditors and lenders, with the loss of 30,000 jobs.

Liquidators will now sell off the firm's assets. The announcement comes two months after the firm was forced to seek bankruptcy protection.

Some 567 Circuit City stores will now shut for the last time. About 155 stores had already closed in December.

Circuit City vice chairman James Marcum said the decision was "regrettable".

http://news.bbc.co.uk/2/hi/business/7834250.stm

New Era Outlaw · « **Reply #6 on:** January 17, 2009, 06:48:29 AM »

daniboy79 · « **Reply #7 on:** January 17, 2009, 09:14:34 AM »

I hope they keep their doors open till at leasat middle of next month, i'll be checking their sales when i hit NY >:-]

Carigamers · « **Reply #7 on:** January 17, 2009, 09:14:34 AM »

Author Topic: New, from the makers of Circuit City going belly up,comes, Circuit City bankrupt (Read 2066 times)

Crixx_Creww

New, from the makers of Circuit City going belly up,comes, Circuit City bankrupt

Carigamers

New, from the makers of Circuit City going belly up,comes, Circuit City bankrupt

New Era Outlaw

Re: New, from the makers of Circuit City going belly up,comes, Circuit City bankrupt

Saxito Pau

Re: New, from the makers of Circuit City going belly up,comes, Circuit City bankrupt

TriniXaeno

Re: New, from the makers of Circuit City going belly up,comes, Circuit City bankrupt

TriniXaeno

Re: New, from the makers of Circuit City going belly up,comes, Circuit City bankrupt

Carigamers

Re: New, from the makers of Circuit City going belly up,comes, Circuit City bankrupt

disciple

Re: New, from the makers of Circuit City going belly up,comes, Circuit City bankrupt

New Era Outlaw

Re: New, from the makers of Circuit City going belly up,comes, Circuit City bankrupt

daniboy79

Re: New, from the makers of Circuit City going belly up,comes, Circuit City bankrupt

Carigamers

Re: New, from the makers of Circuit City going belly up,comes, Circuit City bankrupt

ShoutBox