When the Lights Go Down in Circuit City, Redux
Circuit City is powering down for the last time. With its shelves nearly empty after weeks of liquidation sales, the bankrupt consumer electronics chain will shutter its remaining stores on March 8. That’s a bit earlier than originally planned. Said a representative for the Great American Group, which has been overseeing the chain’s going-out-of-business sales: “Consumers reacted to the top-quality product that they had, and the prices we were able to sell it at, and we’re basically running out of inventory a week early.”
Pity that in the end, the only things able to draw crowds to Circuit City were its liquidation sales.