Circuit City circling the drain

Like Patty just said to me, this is hard to believe.  A huge electronics chain closes down while personal electronics are so popular.  But Circuit City now appears to be gone.

Circuit City Stores Inc. says it has reached an agreement with liquidators to sell the merchandise in its 567 U.S. stores after failing to find a buyer or a refinancing deal.

I felt a great disturbance in the economy, as if thirty thousand workers cried out in terror and were suddenly silenced. I fear something terrible has happened.


One Response to “Circuit City circling the drain”

  1. This really is sad. So many people are going to lose jobs. We like Circuit City…