Currently viewing the tag: "circuit city"

Circuit City Files For Chapter 11 Bankruptcy

By On November 10, 2008 · Leave a Comment

As I had predicted back in October 20th here, Reuters is reporting that Circuit City has filed for bankruptcy.

What’s amazing to me, is how the board of directors allowed this company to go downhill for over 2 years without taking action.

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Circuit City On Thin Ice

By On October 20, 2008 · 1 Comment

Circuit City’s stock has been going down hill a little over two years now faces having to close many of its stores or bankruptcy.

In April 2007, when Circuit City’s stock was at almost $20 per share, the AP attributed Circuit City’s struggles to “Customer Service.”

Earlier this year in April, Blockbuster [...]

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