Circuit City Closing

Circuit City to shut down remaining stores has the news that Circuit City is closing its remaining US stores and liquidating its assets, something many felt was inevitable even as the chain attempted to reorganize under bankruptcy protection. Word is: "About 30,000 employees face layoffs as the rest of its 567 stores are closed. The fates of outstanding warranties, its Firedog repair service, and Canadian stores are still to be determined, according to the company."