Circuit City to close 155 stores, layoff 17 percent

Circuit City Stores announced Monday it plans to close 155 stores and layoff 17 percent of its workforce in the U.S., as the struggling electronics retailer aims

to restructure its business amid a tightening credit market and downturn in business.

by the past few several weeks, the retailer’s

Originally posted at News - Business Tech

Orginal post by Dawn Kawamoto

Share and Enjoy: These icons link to social bookmarking sites where readers can share and discover new web pages.
  • Digg
  • del.icio.us
  • Netvouz
  • DZone
  • ThisNext
  • MisterWong
  • Wists
Related Articles
  • Circuit City to close 155 stores
  • Circuit City Files for Bankruptcy in U.S. and Canada
  • Is Circuit City Headed for a Bankruptcy Blowout?
  • Off-the-shelf desktop roundup
  • Blockbuster Circuit-City Bid Strategy Flawed by Design
  • Original iPhone Owners Have Options To Upgrade
  • CompUSA sends out layoff letters: poor service extends to employees, too
  • FCC Fines Retailers for DTV Violations
  • Amazon, Netflix Score Highest Among Online Shoppers
  • Ask Zack de la Rocha
  • No comments yet. Be the first.

    Leave a reply