By Ed Oswald | Friday, March 6, 2009 at 8:39 am
All remaining Circuit City stores still open will shut down on March 8, the company said on Friday. While a few stores blew through inventory rather quickly, some still have a decent amount remaining (including mine, which had a lot of TVs and computers left). Liquidators originally planned to shut everything down by the end of this month or so, but the company has blown through the $1.7 billion in inventory rather quickly.
Thanks bad economy. Seems the only way people will buy anything these days is if it is discounted so much that nobody’s making any money.
March 6th, 2009 at 10:14 am
it’s not that sad, i was in a circuit city last week and i thought about how much we have overproduced. do we really need all these things? and i also thought about how internet shopping for technology has replaced the technology retail store and how that trend is only bound to continue.