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US - Circuit City to Liquidate......

Posted: 16 Jan 2009, 17:53
by MIKE JG
The nation’s second-biggest consumer electronics retailer has reached an agreement with liquidators to sell the merchandise in its 567 U.S. stores.

Might find some great deals as they sell off all of their assets.

http://www.msnbc.msn.com/id/28691963/

The downside, another 30,000 people are losing their jobs...... :cry:

Re: US - Circuit City to Liquidate......

Posted: 16 Jan 2009, 19:41
by reconmercs
MIKE JG wrote:The nation’s second-biggest consumer electronics retailer has reached an agreement with liquidators to sell the merchandise in its 567 U.S. stores.

Might find some great deals as they sell off all of their assets.

http://www.msnbc.msn.com/id/28691963/

The downside, another 30,000 people are losing their jobs...... :cry:
sad to hear about the people, but anyone who has shopped at a circuit city in the past, saw this coming for a long time.

Posted: 16 Jan 2009, 23:52
by MIKE JG
That's for sure. Actually just heard the number is 34,000 CC employees losing their jobs.

Today alone in the US there were over 50,000 layoffs announced.......

This isn't funny any longer.

Posted: 17 Jan 2009, 02:10
by BadPvtDan
My ex-girlfriend texted me and told me her husband is getting laid off...he works there. These are tough times for some folks.