UPDATE: Circuit City to Liquidate All Stores

Following up on Circuit City Chapter 11 announcement, Circuit City will Liquidate all stores. A lack of credit and declining economy takes down the large electronics retailer. This will add to the overall national trend of job loss, to a tune of 30,000 jobs.

Read the Full Story Here.

A side note as a consumer – I bought my HD TV from Circuit City two years ago, with an extended warranty. I bought my laptop from Circuit City one year ago, with an extended warranty. I called this morning and they said the warranties are serviced by another company so not to worry… Keeping my fingers crossed.

Related posts:

1. Circuit City files For Bankruptcy Protection Circuit City files for Chapter 11 Bankruptcy protection. Circuit City is behind on payments to its vendors and therefore...
2. Circuit City To Liquidate 1-17-09 Get ready for some great deals starting January 17th, 2009. One word of caution, once you buy an item...
3. U.S. Jobless Rate Explodes Caterpillar announces fourth quarter profits drop by 32%. Caterpillar announces it will slash 20,000 jobs. Sprint Nextel announced they will...
4. Update on Jane’s Foreclosure Story I just wanted to give you all an update on Jane’s foreclosure situation. Jane is in a judicial foreclosure state....
5. 3349 Oakhurst Ave Los Angeles, CA 90034 Update PRICE UPDATE: We featured this REO property on October 9th 2008, one month ago. It was originally listed at $534,900....
6. CNNs Job Loss List for 2009 CNN is keeping a company by company tally of the job cuts in 2009. You can see the list here....
7. Latest Update on Jane’s Foreclosure I am mad and sad about this update at the same time. As I mentioned in a previous post about...