RIP Circuit City
 

Looks like they will close the remaining 567 stores.

http://www.crn.com/retail/212900983

Circuit City (NYSE:CC), which had been attempting to survive a consumer electronics retail maelstrom with a bankruptcy protection filing, is shuttering its remaining 567 retail outlets and liquidating.

The country's second largest CE retailer, which had hoped to emerge from Chapter 11 bankruptcy protection by July 1, announced Friday that it will seek bankruptcy court approval to begin the process to liquidate the assets of the company.

Time for some sales!

i drive by the one they closed here and cant help but look at the desolate building just sitting there lol

im not surprised. by their employees with lack of any knowledge of products to their scam of an extended warranty, i feel no pity and say "good by circuit city" :1orglaugh

Very sad. I agree about incompetent employees, though. They didn't filter very well.

I guess I am not surprised. I will not miss thier customer service. It was consistently one of the worst I have ever had to deal with.

Hmmm I'm wondering if that means discounted products for sale before closing?
The store near me is still open and I could totally do with a new big screen plasma. LOL

when the Circuit City here closed, they paid black dudes to stand at the nearest intersections and wave "EVERYTHING MUST GO/GOING OUT OF BIZ" signs and dance around 1 on each corner for weeeeks during the final sales lol it was the same 4 guys out there for weeks, the only reason i noticed em, look like they was having fun.

I gotta go there and grab some computer stuffs before they close.

I am going there now to see what they have on sale. It makes me wonder who will be next?, what a shame!.

BestBuy will be next

Hah, circuit city by my house had the dude with the sign today standing on the corner. he was mexican though....

Online electronics > Offline electronics

that totally sucks but i guess good for me. im the market for a new surround sound system and a plasma tv stand :o)

Is there any New Jersey Circuit City open and trying to sell every thing?

thats bad and good news.. good luck bargain hunters.

i sent you a e-mail did u get it?

Best Buy? Really think they will be next?

They just built and opened a brand new store in my area. I attended the grand opening and the following week they made the announcement that they were closing some stores.

For those looking for a deal here's the deal.

CC will put it into the hands of a liquidation company. At first they mark up the price and then discount it to make it look like a sale. Not much to be had in the beginning.

Then they will continue to mark items down over a set period of time, like every ten days, until the last open day sometime in March. So the longer you wait the better the deal. The question is how long are you willing to wait to get the best price and hope it doesn't get sold out first.

I went though this when CompUSA closed the same way and I believe it's the same liquidation co. I didn't buy any big ticket items but I did manage to get quite a few $60 360 games for $20

What to do with my Circuit City Credit Card? It has/had a 7K limit.