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Circuit City Liquidation: 567 US Stores Closing

Jan. 16, 2009
Circuit City became the largest retailer to fall victim to the expanding financial crisis Friday, announcing it will...
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Bankruptcy judge unplugs Circuit City

RICHMOND, Va., Jan. 16 (UPI) -- A U.S. bankruptcy court judge turned Circuit City Stores Inc. over to four firms to run its liquidation sale, closing its 567 stores to pay creditors.

Circuit City needs buyer by next week

RICHMOND, Va., Jan. 10 (UPI) -- A bankruptcy judge has cleared Circuit City to sell its assets to a potential buyer, which it needs to do by next week or go out of business, officials said.

Circuit City files for bankruptcy

RICHMOND, Va., Nov. 10 (UPI) -- Electronic retail giant Circuit City Inc. said Monday it had filed for Chapter 11 bankruptcy protection in a federal court in Richmond, Va.

Circuit City may close 150 stores

RICHMOND, Va., Oct. 20 (UPI) -- Virginia electronics retailer Circuit City Inc. is considering a scale-back plan that would close about 10 percent of its stores, sources said.

Circuit City lays off 3,500

RICHMOND, Va., March 28 (UPI) -- No. 3 U.S. consumer-electronics retailer Circuit City Stores Inc. said Wednesday it laid off 3,400 store workers and 130 corporate jobs to cut costs.

Circuit City to close 7 U.S. stores

RICHMOND, Va., Feb. 8 (UPI) -- Circuit City Stores Inc. said Thursday it would close seven U.S. Superstores and a distribution center to cut costs and improve its financial performance.

Circuit City delays earnings announcement

RICHMOND, Va., March 29 (UPI) -- Circuit City of Richmond, Va., said Tuesday it will delay reporting its earnings results for accounting reasons.

Circuit City gets unsolicited buyout offer

BOSTON, Feb. 16 (UPI) -- A cash-rich Boston hedge fund is offering $3.25 billion for Circuit City Stores Inc., the Wall Street Journal reported Wednesday.

Muslim complaints against Circuit City

BOSTON, Oct. 27 (UPI) -- A Muslim man has filed a complaint in Massachusetts saying Circuit City falsely accused him of threatening to rig a computer with a bomb.

Circuit City hikes stock buyback

RICHMOND, Va., June 15 (UPI) -- Circuit City Stores of Richmond, Va., said Tuesday its directors has authorized a $200 million increase in its stock repurchase authorization.
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Russian Maria Sharapova signs autographs after winning her French Open womens first round match against Romanian Alexandra Cadantu at Roland Garros in Paris on May 29, 2012. Sharapova defeated Cadantu 6-0, 6-0 to advance to the next round. UPI/David Silpa