1 posts and columns on James A. Marcum

Circuit City Reschedules Black Friday for This Wednesday

in News on November 3, 2008 at 10:26 am PT

Black Friday, the beginning of the traditional Christmas shopping season, will kick off far earlier than usual this year, thanks to Circuit City. In the aftermath of a particularly nasty second-quarter loss and a 95 percent decline in share price, the long-suffering electronics retailer said today it is shuttering 155 of its stores across 12 U.S. markets and sacking 17 percent of its domestic workforce.