Circuit City Plans to Liquidate

Susan Hall

The three bidders looking to buy Circuit City apparently took a pass. The company has asked court approval toliquidate its remaining 567 stores, reports The Associated Press in a Los Angeles Times story.


The company filed for Chapter 11 bankruptcy protection in November. It has 30,000 employees.


Pending court approval, the liquidation sale would begin Saturday and run until March 31, according to

Add Comment      Leave a comment on this blog post

Post a comment





(Maximum characters: 1200). You have 1200 characters left.



Subscribe to our Newsletters

Sign up now and get the best business technology insights direct to your inbox.


Resource centers

Business Intelligence

Business performance information for strategic and operational decision-making


SOA uses interoperable services grouped around business processes to ease data integration

Data Warehousing

Data warehousing helps companies make sense of their operational data