Jan 19 2009
Circuit City Done For Good
Just another casualty of the recession were in Circuit City was hoping to be able to stay afloat in bankruptcy, but it could not be done. They also looked for new buyers, but that was just not possible either. The No. 2 retailer of electronic products has been struggling the last few years and it seems with the recession their problems became too much and closing the doors was all they could do. The sad part is all the jobs that will be lost by this closing. I feel bad for the people and the communities the stores are located as they also lose.
To be honest I never shopped at circuit City much and for really one simple reason Best Buy had a better selection and usually a much better price. Best Buy and Wal-Mart really hurt Circuit City and it seems they just could never compete with these two giants. In the end I guess one had to fall and we all know it was not going to be Wal-Mart or Best Buy.