I read an online article this morning saying that Circuit City is closing the remainder of their stores (after they've closed some back in December) after a failed attempt to find a buyer. When big stores like Circuit City that has been around for more than 60 years make an announcement like this, you know that times are bad. Circuit City, among many others, are closing or are already closed. Some closed a few stores across the country due to poor sales but I'm sure they'll probably soon follow. It's a scary thought and it scares me tremendously.
Click here to read the full article: http://blogs.moneycentral.msn.com/topstocks/archive/2009/01/16/circuit-city-to-be-liquidated.aspx
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