Mobile UPI  |   About UPI  |   UPI en Español  |   UPI Arabic  |   UPIU  |   My Account
Search:
Go

Business News

Circuit City to Close 155 Stores, Lay Off Employees

washingtonpost.com
Nov. 3, 2008
Circuit City announced this morning that it is closing 155 stores and eliminating 17 percent of its employees as the struggling Richmond-based retailer tries to conserve cash and fend off pressure from vendors.
Related Stories from UPI.com

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.
Most Popular
Stories Photos People Comments
Featured Photos
1 of 29
French Open tennis in Paris
View Caption
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