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Circuit City filed for chapter 11 protection
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The following comments relate to this news article:

Circuit City filed for chapter 11 protection

article published on 12 November, 2008

Circuit City Stores, Inc. announced on Monday that it had received approval for its first day motions from the United States Bankruptcy Court for the Eastern District of Virginia in Richmond. The motions filed on the 10th by Circuit City as part of voluntary filing for reorganization relief under Chapter 11 of the United States Bankruptcy Code. Circuit City received court approval for a ... [ read the full article ]

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ripxrush
Junior Member
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13. November 2008 @ 03:14 _ Link to this message    Send private message to this user   
sorry to say this but cut OUR losses! FOLD! In this economy, my only guess of what they could be doing is making them selvs an online store like new egg or maybe online with store pickup but no more store front itself anymore!? they all ready have the online order & store pickup thing doing okay i have used it a few times my self.
Senior Member

11 product reviews
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13. November 2008 @ 15:12 _ Link to this message    Send private message to this user   
This store went from 'very large' to nothing. They are no longer listed on the NASDAQ either. And their stock is hovering around .20 cents a share (it was about .11 cents when they filed).

How long have they been in business now?

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kubapolak
Junior Member
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17. November 2008 @ 23:32 _ Link to this message    Send private message to this user   
I'm glad that they filed. I used to just buy stuff from them, but in the past two years I switched over to best buy because CCity service started to go under. The store I was going to became very unpleasant to be in and buy things. I'm pleased with them filing for bankruptcy!
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scifihero
Suspended due to non-functional email address
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26. November 2008 @ 23:45 _ Link to this message    Send private message to this user   
I cannot say that I didn't see this coming and they can't really say they couldn't either because of their high prices and their very low quality service. The store I go to I only go to, purchase things I know will not need servicing like Blu Ray DVD discs other than that you could kind of see it coming the way they treated their customers.
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