Circuit City Closes Its Doors For Good

bsharma is amongst the hordes of people wanting us to share the news that long beleaguered retailer Circuit City has finally decided to close for good, asking for court approval to close the remaining 567 US stores. "Whalin said management mistakes over the past few years combined with the recession brought down Circuit City. 'This company made massive mistakes,' he said, citing a decision to get rid of sales people and other mismanagement. What's more, given the credit market freeze, Whalin added that no manufacturer wants to sell to any retailer who doesn't have money to pay for the merchandise. At the same time, Whalin said there's still a very slim chance that one or more firms that have expressed an interest in buying Circuit City could still buy it out of bankruptcy over the next few days."

Comments

Re:Main mistake they made?

[JTorres176]

And by calling him "faggot" you're obviously showing your maturity.

Just keep reading for a few more years until you reach the age of 16 or so, then try posting again when you have some valid thoughts and opinions that don't use words displaying your obvious prejudice and lack of intelligence.

Re:Main mistake they made?

[DigiShaman]

You also live in California. A state that can't even keep their own budget on the level. You can thank your fellow citizens who keep electing these monkeys. After all, they *must* have those entitlement programs, right?

My suggestion? Join the growing exodus and get the hell out of there. Move to a state that's economically conservative. FYI that pretty much eliminates the west coast and north east areas of America.