Circuit City Loses The Economic Battle

Posted by MCC on November 24th, 2008 at 07:22am

Earlier this month Circuit City announced that it had been forced to file for bankruptcy. Circuit City is the nation’s second largest electronics chain, filed for Chapter 11, but will remain open through the upcoming holidays.

The chain will be closing 155 stores resulting in thousands of employees losing their jobs. Michigan takes another hard hit with the news of Circuit City closing their doors. Seven of their stores are located throughout Michigan.

Under Furniture News