CC is definitely liquidating. Going bye bye. Seeya later [not really] alligator!
Circuit City executives were unable to find a satisfactory buyer and were not able to refinance.
Here’s a bad part: All sales are going poof. Sad I am that I did not jump on CoD: World at War for $19.99. All prices are very much likely to restore to MSRP or higher. Even if they do liquidation sales, those prices are often actually marked up (sneaky liquidators!) from MSRP and even the store’s normal sale price.
All remaining locations of Circuit City will be liquidating – every single one of them. I’m kind of sad, because there is a CC very close to my house. It’s where I got my first iPod. It’s also where I almost bought my laptop to replace the old one I aptly named Beatrice. Best Buy made that sale.
Anyway, while the road has been tough for CC – they’ve made some pretty rookie mistakes. For example firing all of their experienced staff and replacing them with new hires and newer still-unexperienced employees that were naive to technology. You tried. You failed, but you still tried. For that, I salute you. [via AP]
