Here’s news that should come to no surprise: Circuit City announced it will be liquidating the remainder of its US stores after failing to find a buyer or refinancing. You can read the news story here. The warning I gave in October to spend your gift cards is even more urgent now. If you still [...]
It may be time to use up any Circuit City gift cards you may still have. As detailed in this post at The Consumerist, between the stock’s collapse, the firing of its CEO, the loss of a takeover bid, and a huge quarterly loss, things aren’t looking too good for the chain. And now comes [...]