UPDATE: Well, that didn't work out so good - CC just filed for bankruptcy protection
From Marketwatch, November 03, 2008:
NEW YORK (MarketWatch) -- Circuit City Stores Inc. said Monday it's shutting 155 U.S. underperforming stores, reducing future store openings and renegotiating leases to help preserve cash after its liquidity deteriorated and vendors tightened the struggling electronics retailer's payment terms.
The closings will result in a reduction of about 17% in the company's U.S. work force, Richmond, Va.-based Circuit City
As a result of the closings, Circuit City's exiting U.S. 12 markets, and management's considering all available options and alternatives to restructure its business.
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